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|... not hold the appropriate credit or real estate license required to use those products. DomaCom chief executive Arthur Naoumidis said: "Senior Equity Release is the first financial product in this space that will give financial advisers a significant ...|
|... track, should the bank's trial of DomaCom's fractional investing model prove successful. DomaCom chief executive Arthur Naoumidis said the firm had been searching for a partner of this and scale for some time. "DomaCom has always been an intermediated ...|
|... pay an annual 15% coupon rate quarterly, with a 15 cents per note conversion price. DomaCom chief executive Arthur Naoumidis said the firm was pleased it found a "truly high conviction" Australian institutional investor help it deliver on its potential. ...|
|... said the two mortgages total around $4.1 million, with the first already drawn down. DomaCom chief executive Arthur Naoumidis said the firm has been working with DFS to offer a branded retail mortgage sub-fund on its platform for some time. "Until now ...|
|... Superannuation Fund was a breach of the sole purpose test. Commenting on the decision , DomaCom chief executive Arthur Naoumidis said the SMSF property solution provider was pleased with the court's decision, which represents a milestone for the ...|
|... rented a property held by the DomaCom Burwood sub-fund. In a response to the ruling, DomaCom chief executive Arthur Naoumidis said the SMSF property solution provider was pleased with the court's ruling. "DomaCom is very pleased to have the court confirm ...|
|... identifying code on the DomaCom platform which is then visible on XPLAN via the EPI data feed. DomaCom chief executive Arthur Naoumidis said the integration is a significant development for the fractional property investment platform and further recognition ...|
|... said this represented "a unique offering for financial advisers and their clients." DomaCom chief executive Arthur Naoumidis added: "Accessing retail super is another significant first for DomaCom, further broadening our potential in the retail space. ...|
|... advisers to include their client's sub-fund investments in their portfolio reports. DomaCom chief executive Arthur Naoumidis said it's essential when bringing a platform like DomaCom to market to align with key systems and processes to create a smooth ...|
|... introducing a new range of products underpinned by the ability to introduce gearing, DomaCom chief executive Arthur Naoumidis said. DomaCom signaled its intentions to enter the reverse mortgage lending market in July, outlining plans for a senior equity ...|
A former financial adviser and licensee director has been sentenced to six years' imprisonment for misappropriating close to $2 million for his own use.
Pinnacle Investment Management's 16 affiliates tallied up only $3 billion in net inflows in FY20 as institutional allocators deferred mandate decisions in COVID-19 but the firm managed to grow NPAT by 5.6% to $32.2 million.
ASX-listed trading platform SelfWealth has renewed its clearing, settlement and execution (CS&E) mandate with retail broker OpenMarkets, in a move that it says demonstrates the two fintech's shared objective of disrupting the status quo.
The self-managed super fund administration and software provider has appointed two new technology leads, set to help Class continue to grow and innovate.
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