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Showing 201 - 210 of 1850 results for "Financial Group"

Another chair for Sequoia

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
The leadership tumult at Sequoia Financial Group continues as it appoints another chair in less than four months. Sequoia today announced that Mike Ryan is its new non-executive chair, replacing Charles Sweeney who assumed the role on April 18. The ...

Magellan adds $2bn to FUM

MATTHEW WAI  |  WEDNESDAY, 7 AUG 2024
Contrary to recent months, Magellan Financial Group gained close to $2 billion in funds under management (FUM) in July. Magellan reported $38.4 billion as of July 31, up nearly 5% from the previous month's reading of $36.6 billion. Throughout the ...

New mandates boost Clime FUM

KARREN VERGARA  |  MONDAY, 29 JUL 2024
... $0.8 million of annual recurring revenue in FY25. During the quarter, Clime finalised its divestment of Madison Financial Group and managed accounts platform WealthPortal to Infocus for $2 million. Clime retains Clime Private Wealth and Pro-Active Portfolios ...

Sequoia chief reappointed, hunt for successor kicks off

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
Sequoia Financial Group chief executive Garry Crole has accepted a fixed-term contract that will see him extend his tenure to June 2026, but succession planning efforts are afoot. This fulfills the promise made in a company presentation to investors ...

ASIC hits Melbourne adviser with travel ban

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
... permitting travel outside Australia. The orders were sought as part of ASIC's investigation into King and the King Financial Group of companies. ASIC is currently investigating King for alleged financial misconduct in a network of companies and related ...

Challenger executive joins Bell FG

KARREN VERGARA  |  MONDAY, 22 JUL 2024
Bell Financial Group hired a former Challenger executive in the newly created role of group head of product. Having finished up at Challenger this month, Kate Ingwersen is now responsible for Bell FG's product innovation across subsidiaries Bell Potter ...

Perpetual global head of distribution exits

ELIZABETH FRY  |  FRIDAY, 19 JUL 2024
... Aberdeen Asset Management about 10 years ago as a fixed income specialist. She has previously done stints at BT Financial Group and Invesco as an investment specialist in property and cash.

Rogue Sequoia shareholders slapped with orders

KARREN VERGARA  |  MONDAY, 15 JUL 2024
The Takeovers Panel has slapped a series of orders on Sequoia Financial Group shareholders who attempted to overthrow the leadership. The panel handed down several restrictions on the rogue shareholders and their associated entities that have substantial ...

Clime chief executive resigns

KARREN VERGARA  |  MONDAY, 15 JUL 2024
... decided to step down after three years in the top job. Her final day is July 31. Before Clime, Donat led Madison Financial Group as chief executive for more than four years and was previously its responsible manager. Prior to Madison, she was BT Group ...

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... profession and the costs we may need to pay for it, via the CSLR," Abood said. Dixon's parent company E&P Financial Group settled the recent Shine Lawyers-led class action for $16 million. Senator Andrew Bragg has been highly critical of how ASIC ...