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Showing 111 - 120 of 2176 results for "In March"

Adviser numbers jump in March quarter: Rainmaker

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
The March quarter saw a jump in the number of financial advisers in Australia, reaching 15,546, according to Rainmaker Information. During the three months, 228 advisers joined the industry, according to the latest Rainmaker Financial Adviser report. ...

SS&C scores another super mandate

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
... employees, and office space in the second half of the year to meet increased regional demand. Speaking to Financial Standard in March, SS&C global chair and founder Bill Stone said the company had been in talks with every Australian super fund to showcase ...

AUSIEX to acquire FIIG Securities

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
... Australian investors while continuing to enhance the services we deliver to our clients with even greater capabilities." In March, ASIC launched a lawsuit against FIIG Securities over allegations of longstanding cybersecurity failures which saw the private ...

Pennybacker boosts Pacific Current FUM

KARREN VERGARA  |  WEDNESDAY, 30 APR 2025
... Investment Partners with US$1.5 billion ($2.3bn) and Victory Park with US$5.1 billion (US$8bn) were steady during the quarter. In March, Pacific Current completed the restructure of its investment in Aether, exchanging its equity ownership for an ongoing ...

Coller Capital hires from L1 Capital

KARREN VERGARA  |  TUESDAY, 22 APR 2025
... new director for its private wealth team who recently finished up at L1 Capital. Alexander Ordon joined Coller Capital in March as a director for Australia and New Zealand to support the private wealth secondaries solutions business. Ordon spent six ...

Falcon Capital, First Guardian fund to be wound up

MATTHEW WAI  |  FRIDAY, 11 APR 2025
... freezing all related assets. Subsequently, ASIC applied to the Federal Court in processing the winding up and liquidation in March, to which, the court has acted swiftly in favour of the corporate watchdog. The Federal Court also appointed Paul Allen ...

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... ASIC after their financial advisers provided personal advice while unregistered. Each licensee paid a $31,300 penalty in March. The corporate regulator said it had "reasonable grounds" to believe the AFS licensees authorised a financial adviser, who ...

Barings expands local wealth team

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... Barings Liquidity Investment Strategy. The latter is managed by Gryphon Capital Investments, which was acquired by Barings in March 2023, and is to be fully merged into Barings' structured finance business. "John joins the business as we continue to ...

Aware Super completes phase one of 'Project Odin'

ELIZA BAVIN  |  THURSDAY, 27 MAR 2025
... capabilities with the new platform and to reap the benefits of digital innovation on behalf of our members." Announced back in March 2023, Project Odin is a multi-year transformation. The implementation of the enterprise data management platform originally ...

'Incompetent' adviser permanently banned by ASIC

MATTHEW WAI  |  FRIDAY, 14 MAR 2025
... in a "Principal-protected Private Placement Program" which offered high-yield returns. Suetonius' AFSL was cancelled in March 2024 after failing to lodge its financial statements and audit reports for the 2021, 2022, and 2023 financial years. ASIC determined ...