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Showing 2791 - 2800 of 9818 results for "Advisers"

US regulator settles with Ares

KANIKA SOOD  |  WEDNESDAY, 27 MAY 2020
... his Ares team possessed material nonpublic information relating to the portfolio company," the SEC said. "Investment advisers and private equity firms that place employees on the boards of public companies bear heightened risks that they will obtain ...

Receivers appointed to Mayfair 101 entity

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAY 2020
... director, Mr Craig Dunstan, on Wednesday 20 May 2020 advising that the group was working on initiatives with its various advisers regarding restructuring to improve liquidity for the benefit of the Fund's investors." The Mayfair 101 Group said it ...

Adviser banned for five years

ELIZA BAVIN  |  TUESDAY, 26 MAY 2020
... surveillance of advice provided by NSW-based Sean Lewis while he was an authorised representative of Spectrum Wealth Advisers. ASIC found that Lewis failed to comply with financial services laws, including failure to provide advice that was in the best ...

FASEA unclear why advisers are quitting

ELIZABETH MCARTHUR  |  MONDAY, 25 MAY 2020
FASEA chief executive Stephen Glenfield has said it is outside the authority's remit to look into why financial advisers are exiting the industry in droves. Rainmaker analysis of the ASIC Financial Adviser Register indicates that the register has ...

MLC launches new advice business

JAMIE WILLIAMSON  |  MONDAY, 25 MAY 2020
... that Apogee, Garvan and Meritum would be merged, TenFifty Financial Group is MLC's new home for aligned financial advisers, with all attached to TenFifty operating as representatives of GWM Adviser Services. It will stand alongside Godfrey Pembroke ...

Former UBS Wealth exec joins Centrepoint

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
... Glass was previously national head of strategy and NSW desk head at UBS Wealth Management, where he led a team of client advisers from 2011 to 2016. Earlier, Glass served as divisional chief financial officer of Macquarie Private Wealth, in a role that ...

FASEA extension en route

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
... extend the ban on conflicted remuneration to listed investment companies and trusts is expected to provide financial advisers with some much needed certainty. Following Treasury consultation, the government made the decision to extend the ban on conflicted ...

Count Financial makes growth-focused hire

ALLY SELBY  |  FRIDAY, 22 MAY 2020
... about our commitment to growth at a time when other players have been leaving the industry," he said. "There are quality advisers out there who are looking for a licensee that has a long-term vision, and the systems in place to achieve it. "Chris's appointment ...

Rich Dad feels for financial advisers

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
Author of ubiquitous personal finance self-help book Rich Dad Poor Dad Robert Kiyosaki says he feels for financial advisers amid the COVID-19 pandemic - though he won't be taking their advice. "They have a tough job, a very tough job," Kiyosaki ...

916 advisers gone in three months, ASIC responds

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
ASIC chair James Shipton insists the regulator is concerned by the number of financial advisers leaving the industry and how COVID-19 could amplify the issue, as it is revealed almost 1000 left since the pandemic hit. The ASIC Financial Adviser Register ...