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Showing 141 - 150 of 816 results for "Advice Business"

Finfluencer barred from running online advice business

CHLOE WALKER  |  FRIDAY, 14 APR 2023
The Federal Court has said Tyson Scholz, otherwise known as ASX Wolf, cannot continue his online business, with permanent injunctions placed on the finfluencer. Late last year, the Court found Scholz had contravened s911A of the Corporations Act by ...

Advice tech firm officially launches local operations

CHLOE WALKER  |  WEDNESDAY, 8 MAR 2023
... Australian market. Prior to Australia, intelliflo developed a dominant footprint in the UK. It is the digital advice business of Invesco. Commenting on the official launch, intelliflo founder and chief executive Nick Eatock said: "We want Australia to ...

Focus Financial acquired by PE firm

JAMIE WILLIAMSON  |  FRIDAY, 3 MAR 2023
The NASDAQ-listed group that owns Escala Partners and several other local advice businesses has been acquired by a private equity firm for more than US$7 billion. Focus announced at the beginning of February that it was considering an offer to be acquired ...

Advice group launches CRM software

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
FYG Planners has launched a new software that helps its financial advisers better manage client relationships. WealthEye CRM, the new customer relationship management solution built on the Dynamics 365 platform, helps financial advisers streamline the ...

Bridges can meet advice affordability gap: Mota

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... brands will be able to meet the growing advice affordability gap. Commenting on the recent performance of the advice business, Insignia chief executive Renato Mota told Financial Standard that the reduction in revenue in part revolves around overhauling ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... million to $34.8 million with its net revenues declining by $9 million due to a lower average FUM. The financial advice business finished positively, however. Underlying NPAT was up $6.4 million or 22.6%. This was driven by cost cutting that resulted ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
... reflective of repricing in North and Master Trust to attract and retain clients. AMP said the transformation of its advice business is continuing to progress, reporting a loss in NPAT of $68 million. This is an improvement on last year when it lost $146 ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
Despite reporting bumper profits this morning, Commonwealth Bank continues to put out fires from its misconduct stemming from the Hayne Royal Commission, as it looks to tackle several class actions in 2023. One ongoing lawsuit alleges that Colonial ...

Cold calling advice firms called out

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
The Australian Institute of Superannuation Trustees (AIST) is calling on the government to extend anti-hawking laws to combat financial advice firms using third parties to solicit business through cold calling. Unsolicited calls to consumers about superannuation ...

From strength to strength: GQG Partners

ANDREW MCKEAN  |  WEDNESDAY, 18 JAN 2023
GQG Partners is aiming to be a top-ranking active equity manager in Australia, according to managing director Laird Abernethy. In an interview with Financial Standard, Abernethy said that despite market turbulence, GQG has performed exceptionally, with ...