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Showing 191 - 200 of 1850 results for "Financial Group"

Former adviser cops 12 years' imprisonment

KARREN VERGARA | TUESDAY, 27 AUG 2024

... up. Jayaweera won a retrial after being convicted of fraud in 2019. Jayaweera was the director of Growth Plus Financial Group, which is now in liquidation. He was a member of the Association of Independently Owned Financial Planners (AIOFP) board.

Sequoia ends FY24 with 350 advisers

KARREN VERGARA | TUESDAY, 27 AUG 2024

Sequoia Financial Group gained a net of 14 financial advisers to end up with about 350 representatives at the end of the 2024 financial year. Sequoia added 70 advisers to the stable but lost 56, most of whom were from "non-economic practices who closed ...

Former Brisbane adviser found guilty of fraud again

MATTHEW WAI | MONDAY, 26 AUG 2024

... savings in a single abalone farm that went bust. Former Brisbane financial adviser and director of Growth Plus Financial Group (in liquidation), Ben Jayaweera, was found guilty of 28 counts of fraud in a retrial that wrapped up on Friday. He had initially ...

Prime Financial revenue grows 21% to $41m

ANDREW MCKEAN | THURSDAY, 22 AUG 2024

Prime Financial Group has reported a 21% increase in revenue, reaching $40.8 million, bolstered by strong growth in its wealth business. The company remains on track to achieve its goal of $50 million in group revenue by FY25, with plans to double that ...

ASIC scraps Libertas' AFSL for unpaid compensation

KARREN VERGARA | TUESDAY, 20 AUG 2024

... claim then progressed to the CSLR, which ultimately paid an undisclosed amount to the consumer on July 24. Sequoia Financial Group acquired Libertas in 2019, which had about 23 advisers and $1 billion in funds under management at the time. Sequoia announced ...

Bell Financial half-year profit soars 50%, revenue up

ANDREW MCKEAN | FRIDAY, 16 AUG 2024

Bell Financial Group posted a net profit after tax of $16.6 million for the half year to June 30, a 50% increase on the prior corresponding period, while revenue rose to $138.7 million, up 18.3%. The diversified financial services and wealth management ...

Magellan inks strategic partnership as results hint at turnaround

JAMIE WILLIAMSON | THURSDAY, 15 AUG 2024

Magellan Financial Group will take a stake in Vinva Investment Management, as it reports an increase in profits and stabilised outflows - but it says there's still work to be done. Magellan has announced it is acquiring 29.5% of Vinva Investment ...

Acquisitions boost WT Financial Group results

KARREN VERGARA | TUESDAY, 13 AUG 2024

Major acquisitions, including the takeover of Millennium3, helped WT Financial Group (WTL) boost performance in the 2024 financial year. Releasing preliminary results this morning, WTL founder and managing director Keith Cullen said revenue for the ...

FTSE Russell hires client coverage lead

KARREN VERGARA | MONDAY, 12 AUG 2024

... international outlets such as Bloomberg, ABC, BBC and CNBC. Lee was also the head of fundamental analysis at Hubb Financial Group early in her career. "I am excited to be starting at FTSE Russell to help service asset owners, asset managers and institutional ...

FAAA calls on advisers: 'We ask for your support'

ELIZA BAVIN | FRIDAY, 9 AUG 2024

... the feelings of many advisers in relation to the handling of the situation. He said there was anger around E&P Financial Group "walking away" from Dixon as its subsidiary and "leaving virtually the entire mess for the rest of the advice profession to ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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