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Showing 11 - 20 of 148 results for "Australian Wealth Management"

AMP offloads SuperConcepts

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
... continuity for customers." The deal follows last week's restructure that saw the dissolution of AMP's Australian Wealth Management business, with the group requiring a flatter organisational structure following the AMP Capital transactions. The decision ...

AMP restructures wealth management, chief exits

KARREN VERGARA  |  MONDAY, 29 MAY 2023
... role of its local wealth management business redundant as it restructures to a new operating model. Australian Wealth Management (AWM) will see chief Scott Hartley exit by the end of the year. "With the recent [AMP Capital] transactions largely complete ...

AMP wealth management AUM grows $2bn

ANDREW MCKEAN  |  WEDNESDAY, 19 APR 2023
In an ASX announcement, AMP said that its Australian Wealth Management assets under management (AUM) increased by $2 billion to $126.2 billion. However, the company had a net cash outflow of $600 million in Q1 2023, a slight improvement from the $900 ...

UBS set for Australian wealth management comeback

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
UBS is readying for a return to Australia's wealth management sector, aiming to build on the private banking legacy of Credit Suisse. In 2015, UBS decided to withdraw from the Australian market for wealth management services due to rising regulatory ...

AMP debuts hybrid retirement solution

ANDREW MCKEAN  |  TUESDAY, 18 OCT 2022
... protection in a cost-efficient manner. I think we've ticked those boxes," she said. AMP chief executive of Australian Wealth Management Scott Hartley said there hasn't been enough thinking around innovation, especially as most people are leaving most ...

AMP appoints general manager, wealth distribution

CHLOE WALKER  |  THURSDAY, 7 JUL 2022
... Sorgini has been appointed to the role of general manager of wealth distribution, as part of AMP's Australian Wealth Management business. Having acted in the role since February this year, Sorgini's permanent appointment takes immediate effect. Previously ...

Practifi partners with Voyant

CHLOE WALKER  |  WEDNESDAY, 29 JUN 2022
The Australian wealth management technology platform is partnering with financial planning solution Voyant to provide enhanced client experience and performance optimisation. The integration, which comes just one year after Voyant's entrance into the ...

Ord Minnett announces Perth office launch

CASSANDRA BALDINI  |  FRIDAY, 17 JUN 2022
... with interests in Seven Group Holdings, Seven West Media, Coates Hire and WesTrac," he said. The Australian wealth management group, founded 71 years ago, provides a range of services including stockbroking, financial planning including SMSF, funds management ...

Mammoth aggregate returns for ETF investors

ANDREW MCKEAN  |  WEDNESDAY, 15 JUN 2022
... women have grown by 54%." Research indicated that ETFs have grown four times faster than the broader Australian wealth management market. ETFs are also capturing a growing share of investable assets in Australia. Pertinently, the Australian ETF market ...

AMP reports $252m loss

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
... earnings and the release of provisions, together with performance fees earned by AMP Capital. AMP's Australian wealth management business, which comprises platforms, master trusts, and SuperConcepts, reported a $48 million underlying profit, a 25% ...