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Showing 281 - 290 of 396 results for "FUA"

Fractional prop trading platform gets AG backing

LINDA HAUSKEN  |  TUESDAY, 10 JUL 2012
... Planning, Grosvenor Pirie Management and property advisory firm Blue Wealth. Giving the deal weight is that their combined FUA is approximately $1.5 billion. "We are delighted to welcome our first group of partners into the DomaCom Foundation Partner ...

Avenue joins Lonsdale

ALEX DUNNIN  |  MONDAY, 2 JUL 2012
... the sixth largest advisery group and just below Westpac/BT, according to Rainmaker.. Avenue, with an estimated $1 billion in FUA, was formed in December 2000 and has been operating across NSW through 15 practices. Under the deal, Avenue practices will ...

SFG renews platform agreements

MELANIE TIMBRELL  |  THURSDAY, 28 JUN 2012
... around $1.7bn in funds under administration, 50% of which derive from SFG's advice businesses, while around $5.6bn of SFG's FUA are on the BT platform. "We have worked closely with the SFGA team to ensure that our platform solution continues to evolve ...

Rainmaker releases 2012 platform report

RACHEL DAVIS  |  TUESDAY, 17 APR 2012
... they control only 17% of the 40,000 platform investment options, these multi-manager and feeder options hold 80% of platform FUA, noted the report. The irony is that the adviser channel with only 50% of advisers in licensee groups aligned to the big ...

Platforms hoard cash amid FOFA uncertainty

MELANIE TIMBRELL  |  THURSDAY, 23 FEB 2012
... around a handful of new platform products coming out with no in-built commissions doesn't represent any notable percentage of FUA," said Keevers. "In terms of commission fee structures nothing has changed, so clearly the bulk of the platform owners are ...

IOOF "resilient" results boosts FUA

ELISE BURGESS  |  WEDNESDAY, 22 FEB 2012
... Dec 31 2011, IOOF completed the acquisition of DKN Financial Group, resulting in the high additions to its adviser base and FUA. Since acquisition, DKN has contributed $2.3 million underlying net profit after tax (UNPAT), pre amortisation in three months. ...

CBA profits up 19%, wealth mgmt struggles

ELISE BURGESS  |  WEDNESDAY, 15 FEB 2012
... by 59%. "This result was impacted by a combination of several unfavourable factors during the half which included, softer FUA growth due to challenging market conditions, a customer mix shift towards lower margin products and increased costs of compliance ...

ipac Securities-owned firm expands with two acquisitions

ELISE BURGESS  |  THURSDAY, 9 FEB 2012
... Townsville as part of its QLD-expansion plans. Townsville firm, Financially Yours, has $86 million in funds under advice (FUA) while Magnitude Financial Planning, operated by Don Sheppard in Atherton, has $36 million FUA. The two businesses will continue ...

Perpetual posts results, buy-back option

ELISE BURGESS  |  FRIDAY, 26 AUG 2011
... to 30 June 2011 (FY11), while the group's funds under management (FUM) within Perpetual Investments and funds under advice (FUA) within Private Wealth were up 1% and 5% respectively on the previous year. The Private Wealth division average FY11 FUA was ...

Innovative platforms create $397 bn industry

ELISE BURGESS  |  FRIDAY, 6 MAY 2011
... Michael Clancy, executive general manager of investment platforms for MLC & NAB Wealth. MLC Wrap and Navigator have a combined FUA of $14.5 billion as at 30 April 2011. The top five full function platforms were: MLC Wrap & Navigator FirstWrap netwealth ...