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Showing 151 - 160 of 231 results for "Insignia"

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... Capital, led by chief executive Phillip Kingston. In 2018, Sargon ramped up its acquisition and expansion strategy when Insignia, or IOOF as it was known at the time, sold its Australian Executor Trustees (AET) corporate trust business for $51.6 million. ...

HUB24 sets sights on $100bn FUA

KARREN VERGARA  |  TUESDAY, 16 JAN 2024
... quarter of 2023 "delivered strong growth" with "record net inflows of $4.5 billion". This includes the transition of Insignia Financial's private label Rhythm totalling $1.8 billion of assets. During the three months, HUB24 gained 16% more financial ...

Adviser numbers stable at 15,650

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... the association's priorities in 2024. The advice sector was marked by several mergers and acquisitions during 2023. Insignia Financial handed over Millennium3 to ASX-listed WT Financial Group (WTL) with a total of 75 practices transitioning. WTL ...

Stake names new chief executive

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... for decades to come," he said. Last year, Geoff Lloyd joined Stake as chair, leaving MLC as chief executive following Insignia Financials' takeover. The platform has some $2.9 billion in assets under administration and is backed by major investors such ...

Insignia Financial class action dismissed by court

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
Just days before Christmas, an Insignia Financial shareholder class action borne out of the Royal Commission was dismissed, with the judge saying there was no evidence provided to prove the group breached disclosure requirements. The class action was ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... holiday period; we look forward to bringing you the news in 2024! The top stories for 2023 were: 1) Renato Mota to leave Insignia Financial (October 20) While his departure doesn't technically take place until February 2024, Renato Mota's decision ...

New enhancements to Expand, CFS Edge

CHLOE WALKER  |  THURSDAY, 14 DEC 2023
Insignia Financial (Insignia)'s flagship platform Expand Essential has made enhancements to its menu, while Colonial First State (CFS) has added new options to CFS Edge. Recent additions to Expand Essential include new multi-manager options MLC ...

Insignia, WT Financial complete Millennium3 transfer

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2023
Just weeks after the acquisition was announced, Insignia Financial and WT Financial Group have finalised the transfer of Millennium3, adding 75 practices to the latter's network. Handing over $2 million for the licensee, WT Financial has added about ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
... want all our members to benefit from the right advice as they transition to retirement." Also welcoming the proposals, Insignia Financial chief executive Renato Mota said: "We know Australians are looking for affordable, accessible financial guidance ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
WT Financial Group (WTL) will acquire Millennium3 Financial Services (M3) from Insignia Financial for $2 million. Under the deal, M3's 140 wealth and personal risk insurance advisers, operating in more than 75 privately owned practices across the ...