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Showing 111 - 120 of 278 results for "Advice firms"

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... non-performing loans ratio of2.88%; "high relative to peers" reflecting the impairment of finance loans granted to aligned advice firms. "However, positively for its stand-alone credit profile, AMP Bank has an indemnity from AMP Group for losses arising ...

Financial advice firms facing failure: Dynamic Asset Consulting

ELIZA BAVIN  |  MONDAY, 28 SEP 2020
Dynamic Asset Consulting (DAC) has warned that financial advisers are putting their businesses and their clients at serious risk by implementing traditional strategic asset allocation (SAA) portfolios. DAC portfolio manager Jerome Lander said most Australian ...

ASI bolsters SMA service

ANNABELLE DICKSON  |  MONDAY, 28 SEP 2020
... advisers. Aberdeen Standard Investments head of wholesale sales Con Koromilas said ASI's SMA service also supports advice firms to reduce the cost, complexity and compliance burdens in efficiently servicing clients. "After a decade of structural change ...

Count Financial adds member firm

ANNABELLE DICKSON  |  WEDNESDAY, 23 SEP 2020
... advice officer Andrew Kennedy said having the firm join was a boost for the licensee which continues to target quality advice firms to join its network. "We look forward to having a successful long-term partnership with them and helping them to continue ...

Netwealth takes stake in Aussie fintech

ANNABELLE DICKSON  |  THURSDAY, 17 SEP 2020
... reporting to provide licensee and practice management insight which in turn reduces the amount of technology systems advice firms need to use. Netwealth joint managing director Matt Heine said a key element of Netwealth's strategy is to enrich data ...

Specialist advice businesses optimal: Barrett

ELIZA BAVIN  |  THURSDAY, 10 SEP 2020
Advice firms hoping to succeed will have a much higher chance of achieving organic growth if they specialise, as opposed to generalist practices, according to AZ NGA chief executive Paul Barrett. Speaking on a WealthO2 webinar, Barrett said advice firms ...

Two Sydney advice firms merge

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
Two Sydney-based advice firms have merged, with the firms saying it was not a decision either party made lightly. Halcyon Wealth Advisers has merged with Principle Advisers with the aim to take the business into the future and enable financial advisers ...

Morgan Stanley duo establishes advice boutique

KANIKA SOOD  |  THURSDAY, 20 AUG 2020
... it is seeing an uptick in global banks' teams looking at its turnkey incubation solution Tickr, which is for advice firms that are just starting up.

Advice firm awarded international certification

ELIZABETH MCARTHUR  |  MONDAY, 10 AUG 2020
... certification following an assessment by the Centre for Fiduciary Excellence. Shadforth is now one of just seven Australian advice firms to have the certification. "Advice relationships are fiduciary in nature. They are based on a foundation of trust," ...

Netwealth booms amid pandemic

ALLY SELBY  |  FRIDAY, 10 JUL 2020
... Standard that managed accounts continues to be a key driver of new business for the platform, as an increasing number of advice firms look to drive efficiency and scalability within their businesses. "As the breadth and sophistication of our managed ...