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Showing 1681 - 1690 of 9279 results for "wealth"

Industry funds gain ground in retirement asset battle: KPMG

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
... the retail sector has a significant proportion of member accounts in the pension phase. Challenger, Fiducian, Clearview Wealth, Macquarie, Perpetual, Netwealth, HUB24, and CFS lead the way with the highest proportion of pension phase member accounts. ...

Private markets boost Macquarie AM results

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
... Private Markets' portfolio as of Dec 20, having established net zero business plans by 31 Dec 22," MAM said. For the wealth management business, funds on the platform slightly rose to $123.1 billion or 4% year on year. Macquarie Wrap's managed ...

Industry fund market share soars: KPMG

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
... those starting their first job, changing jobs, or transitioning to retirement. KPMG national sector leader - asset and wealth management Linda Elkins said: "A continuing, and intensifying trend is the direct competition between funds to attract and retain ...

Digitisation, personalisation key for advice firms: BlackRock

CHLOE WALKER  |  WEDNESDAY, 3 MAY 2023
In an exclusive interview with Financial Standard, BlackRock US wealth advisory group director Jim Renitsky said digitisation and personalisation at scale have become key differentiation points for adviser businesses. Reflecting on trends seen in the ...

Uptick in adviser numbers: Research

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
... Synchron Advice is the largest non-aligned licensee with 295 advisers and $4.2 million in funds under advice. Alliance Wealth (279), Count Financial (271), Ord Minnett (269), Capstone Financial Planning (259), Lifespan Financial Planning (258), SMSF ...

Superhero to launch adviser platform

CASSANDRA BALDINI  |  WEDNESDAY, 3 MAY 2023
... he said. "We also want to enable Australians to get more involved with their finances, to learn, engage and manage their wealth with their advisers."

GBST acquires WealthConnect platform

ANDREW MCKEAN  |  WEDNESDAY, 3 MAY 2023
... Likewise, DeDominicis said: "The acquisition of WealthConnect provides GBST with a complementary solution to its existing SaaS wealth management offerings including Composer, an expanded and market leading client base, access to a growing advisor platform ...

Wealth inequality divides Australia: Research

KARREN VERGARA  |  TUESDAY, 2 MAY 2023
Rich Australians who possess $1.9 million on average make up nearly two thirds of total household wealth, a new study finds. A new paper from the Actuaries Institute, Not a level playing field, examined the wealthiest and poorest 20% of the population ...

JPMorgan acquires First Republic Bank

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
... final bids, made by JPMorgan, PNC Financial Services Group and Citizens Financial Group, to rescue the bank, the global wealth giant was advised it won the auction. The FDIC's brief takeover of First Republic allowed the bank to enter into a loss-share ...

Citi awarded custody mandate by Mason Stevens

ANDREW MCKEAN  |  MONDAY, 1 MAY 2023
Citi Securities Services has been awarded a custody and integrated execution services mandate by wealth platform Mason Stevens. As Mason Stevens looks to deliver "premium" wealth management solutions, Citi Australia and New Zealand's head of securities ...