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Showing 1651 - 1660 of 2919 results for "Merge"

Legg Mason and RARE ink $200m deal

DARREN SNYDER  |  THURSDAY, 30 JUL 2015
Treasury Group and Northern Lights has sold a majority interest in RARE infrastructure to asset manager Legg Mason for $200 million. The sale is expected to generate upfront cash proceeds of $112 million, and after tax proceeds will be used to repay ...

Independent dealers in M&A mode

ALEX BURKE  |  MONDAY, 27 JUL 2015
Recent high-profile mergers and acquisitions of aligned advisers by independent groups are a sign of a growing trend. In the past three months, former ANZ managing director of advice and distribution Paul Barrett's firm AZ Next Generation Advisory (AZ ...

IOOF merges two licences

ALEX BURKE  |  FRIDAY, 24 JUL 2015
... diligence process," the spokesperson added. Plan B's roughly 12 planners will move to Shadforth following a six-month plan to merge the two licensees. According to Rainmaker data, IOOF employed 529 advisers through 14 groups as at December 2014. As per ...

QSuper seeks new CEO, Vilgan departs

DARREN SNYDER  |  WEDNESDAY, 8 JUL 2015
QSuper chief executive Rosemary Vilgan said a decision to leave the group in October after more than 27 years was difficult and one she greatly considered. Vilgan has been the chief executive for 18 years and oversaw the fund's development and merger ...

ANZ appoints head of M&A

LAURA MILLAN  |  FRIDAY, 3 JUL 2015
ANZ has appointed a global head of corporate advisory to provide mergers and acquisitions services to international and institutional clients in Australia and Asia. Martin Hanrahan has been appointed to the role and will oversee ANZ's corporate advisory ...

PROFILE: Stanford Brown chief executive Jonathan Hoyle

ALEX BURKE  |  THURSDAY, 2 JUL 2015
There are two things that arguably led Jonathan Hoyle to where he is now: Michael Lewis's autobiography, Liar's Poker, and the sight of fresh blood. The chief executive of Stanford Brown was 20 years old and studying biochemistry when he picked up a ...

Findex acquires private wealth firm

ALEX BURKE  |  WEDNESDAY, 1 JUL 2015
Findex Group has acquired Melbourne-based accounting and financial advice firm Martin Goodrich & Associates (MGA). MGA will be relocated to the Crowe Horwath's Melbourne offices but will retain its branding "during a transition phase," according to ...

Former FPA chair to leave Hood Sweeney

STAFF WRITER  |  WEDNESDAY, 24 JUN 2015
After six years as managing director of South Australian financial services firm Hood Sweeney, Matthew Rowe recently announced he would not seek re-appointment in the position. A former Financial Planning Association of Australia (FPA) chair, Rowe will ...

KPMG hires heavy in financial services

DARREN SNYDER  |  TUESDAY, 23 JUN 2015
KPMG Australia's advisory division is positioning itself for a year where large corporates are expected to have more appetite for mergers and acquisitions. This is reflected in the company's recent intake of 51 new partners and executive directors ...

Philo in growth mode after losing key mandate

ALEX BURKE  |  THURSDAY, 18 JUN 2015
Philo Capital is investing in growth after being replaced by State Street Global Advisors (SSGA) to provide portfolio construction services for key client Centric Wealth. Philo had a fixed-term contract with Centric which ended around May. Parent group ...