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Showing 101 - 110 of 361 results for "Advice practices"

Financial Advice Association Australia officially launches

KARREN VERGARA  |  MONDAY, 3 APR 2023
... vast majority of financial advisers in the Australian market, as we work towards ensuring better outcomes for advice practices and their clients," Veitch said. Sharpe thanked Perera for his work as the AFA national president and commitment to bringing ...

Rating the rating houses: How much do advisers rely on fund research?

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
... single, forward-looking rating for financial advisers, AFSLs and investors to use. Badenach said most financial advice practices adopt a preferred investment approach with their clients, whether it's strategic or dynamic asset allocation and so forth ...

Risk clients, practices worth more: Radar Results

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
Financial advice practices specialising in risk insurance are gaining higher price multiples on clients and are selling for up to $1.5 million as demand rises and supply drops. Radar Results' latest insights show price multiples on risk insurance ...

TAL offloads dealer group to CountPlus

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
ASX-listed firm CountPlus will acquire 75 financial advice practices that once belonged to TAL. CountPlus will pay $3.373 million for Affinia Financial Advisers and have about 400 advisers and $16.8 billion in funds under advice once the deal completes. ...

Advice firms trading at premium: Broker

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... $1 million in fees can sell for over 3x the fee base. One of the most popular transactions in 2022 - financial advice practices that are co-located with a buyer's business - are currently valued at 2.2x-3.2x recurring revenue. The co-location of the ...

Adviser exits spur innovation: Report

ANDREW MCKEAN  |  MONDAY, 6 MAR 2023
... so many different products on the market, it's no wonder decision-making can be such a daunting task for advice practices." Meanwhile, according to user research by Investment Trends, advisers are divided on whether platforms or planning software ...

HUB24 grows FUA to $73bn

ANDREW MCKEAN  |  TUESDAY, 21 FEB 2023
... had growth from net inflows across all customer segments, including large national licenses, brokers, boutique advice practices and self-licensed advisers. The new business pipeline continued to grow, the number of advisers using the platform increased ...

Adviser pay, incentives disparity revealed

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
... counterparts in smaller and regional hubs. According to consulting firm Business Health, which canvassed nearly 100 advice practices in its latest compensation survey, advisers with five or more years of experience and living in New South Wales ($153,668) ...

Managed accounts growth to continue: State Street

CASSANDRA BALDINI  |  THURSDAY, 19 JAN 2023
... rate of use increased 16% in the last year alone. She says it all comes down to the benefits being realised in advice practices, like reduced compliance burden, transparent structures, and reduced operational risks. "Outside of that, what's coming ...

Pre-retirees want, need financial advice: Fidelity

ANDREW MCKEAN  |  THURSDAY, 19 JAN 2023
... advisers is therefore to understand what risks need to be managed for pre-retiree clients and what that means for advice practices, portfolio construction frameworks and investment decisions." He said an effective plan will help pre-retirees envisage ...