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Showing 1151 - 1160 of 9279 results for "wealth"

Four advice firms merge, launch Esencia

KARREN VERGARA  |  MONDAY, 3 JUN 2024
Four financial advice firms have merged to form Sydney-based practice Esencia Wealth. Advise Wise, Insight Private Wealth, Sovereign Wealth Partners, and Randle Advisory have joined forces under one banner, which is self-licensed. Matthew Fenning serves ...

Generation Development Group to take over Lonsec

KARREN VERGARA  |  MONDAY, 3 JUN 2024
... said the acquisition will provide GDG with "full ownership of a highly strategic asset in an attractive segment of the wealth management sector." "We believe that Lonsec is well positioned for future growth supported by strong industry and regulatory ...

Regal Partners acquires Merricks Capital

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
... $2.9 billion in capital across three dedicated funds and a number of co-investment vehicles for a broad range of wholesale wealth management firms, institutional clients and family offices. The acquisition will cost Regal approximately $235 million ...

Freshwater Wealth launches

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
A former Viridian Advisory financial adviser has stepped out to launch a new venture, Freshwater Wealth, which caters to high-net-worth individuals. Sydney-based founder and partner Roger Perrett set up Freshwater Wealth, which is licensed by Centrepoint ...

Forged documents see former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 30 MAY 2024
... $650,000. During this time, he was an authorised representative of Capstone Financial Planning and director of Equus Private Wealth. His authorisation under Capstone ceased in June 2022 after 11 years and he doesn't appear to have been licensed since. ...

BlackRock has most valuable brand, study finds

JAMIE WILLIAMSON  |  THURSDAY, 30 MAY 2024
... world's most valuable brand in asset management, while Public Investment Fund (PIF) takes the title among sovereign wealth funds. That's according to a global ranking of brand strength and brand value conducted by Brand Finance. The research ...

Koda Capital poaches five JBWere advisers

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
... presence in Melbourne. Simon Talbot spent more than 23 years at NAB's JBWere where he was most recently a director and senior wealth adviser. Elizabeth Watson joins Sydney-based Koda as a partner and adviser after spending eight years at JBWere. Caitlin ...

Brookfield Oaktree to further democratise alternatives in Australia

ANDREW MCKEAN  |  TUESDAY, 28 MAY 2024
Local investors will get access to Brookfield Oaktree Wealth Solutions' global private credit strategy later this year, with plans to launch it as a unit trust. An infrastructure fund that's been successful in other regions will follow by early ...

Retail funds drive down admin fees: KPMG

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
... retail super funds as well as SMSFs are in a net outflow position, KPMG said. KPMG national senior leader for asset and wealth management Linda Elkins said the issue that will concern the sector the most is sustainability. The flow of members is going ...

KKR forms exclusive partnership with Capital Group

ANDREW MCKEAN  |  MONDAY, 27 MAY 2024
... high-net-worth individuals and accredited investors for some time, mass affluent investors, who represent more than 40% of the wealth market globally, haven't traditionally had access to the asset class. However, Capital Group said this combination with ...