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Showing 251 - 260 of 356 results for "Wealth Management business"

IOOF profits soar despite difficult times

ALISON BEVEGE  |  THURSDAY, 25 AUG 2011
Diversified financial group IOOF has reported statutory net profits after tax have risen by 28.4% to $99.5 million in its annual results released today. Chris Kelaher, managing director of IOOF, said it was a very pleasing result and had come despite ...

JBWere wealth head resigns

ELISE BURGESS  |  FRIDAY, 5 AUG 2011
... across the JBWere business. Back in July 2009, NAB acquired 80.1% of Goldman Sachs JBWere's private wealth management business in Australia and New Zealand for $99 million. The new majority owned wealth advisory business operates on behalf of high net-worth ...

Snowball Shadforth planning for a FOFA future

RACHEL DAVIS  |  FRIDAY, 1 JUL 2011
... votes in favour of the merger. The two non-aligned financial advice groups will form a $14.3 billion wealth management business with multiple business models and 188 financial advisers nationally. "There was a high probability that we would get to this ...

ING IM deal sees UBS climb the ranks

MATT WOODINGTON  |  THURSDAY, 30 JUN 2011
... with around $6 billion. The majority of ING IM's investment portfolio is managed on behalf of ANZ's wealth management business OnePath, formerly ING Australia. As part of the deal, UBS will provide investment advisory services to ANZ. ANZ welcomed the ...

ANZ Wealth names head of finance

ELISE BURGESS  |  WEDNESDAY, 29 JUN 2011
... replacement. Frechtling also has experience as finance and risk general manager on the Westpac/St.George wealth management business executive team in 2008. John Van Der Wielen, ANZ Wealth managing director, said Frechtling's experience managing large ...

Deutsche Bank appoints Merrill private wealth head

MATT WOODINGTON  |  FRIDAY, 24 JUN 2011
... head of financial institutions, head of debt markets and director of credit products. "Our Private Wealth Management business is strategically important to Deutsche Bank and we are delighted to have such an experienced leader spearheading the business ...

Merged planning groups plot Snowball effect

MATT WOODINGTON  |  THURSDAY, 26 MAY 2011
... industry stalwart John Godfrey. The two non-aligned financial advice groups will form a $14.3 billion wealth management business with multiple business models and 188 financial advisers nationally. "This is a seminal deal for the industry. It's very ...

JBWere new chair

ELISE BURGESS  |  FRIDAY, 20 MAY 2011
... of chief financial officer and head of strategy and mergers and acquisitions for Citigroup's Global Wealth Management business, based in New York. "Mark has a distinguished career in financial services having worked with a number of prestigious organisations ...

Vow appoints wealth head

MATT WOODINGTON  |  WEDNESDAY, 4 MAY 2011
Mortgage broker Vow Financial has made two appointments to coincide with the launch of its new wealth management business. Justin Dale will lead Vow Wealth Management, a joint venture with financial planning firm The Selector Group, while Leighton King ...

Smaller banks seeking platform independence

MATT WOODINGTON  |  TUESDAY, 5 APR 2011
... allowing it to deploy its own wealth management platform. "If a platform is strategic to your whole wealth management business and strategic to how you deliver a holistic solution to your clients, how you sell your products and manage the customer relationship ...