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Showing 11 - 20 of 45 results for "Raiz"

Director appointment, retirement at Raiz Invest

CHLOE WALKER  |  FRIDAY, 26 NOV 2021
Raiz Invest has announced that Stuart Grimshaw will be appointed as a non-executive director. Grimshaw, who has a 35-year career in financial services, will also be expected to be the chair of the audit and risk committee. His most recent position was ...

Raiz Invest hits $1bn in Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 NOV 2021
Raiz Invest has surpassed $1 billion in funds under management in Australia. The company put the growth down to customer engagement and reported that average balances on its platform have grown to nearly $3000 per customer. Raiz reported having more ...

Harvey Kalman joins Raiz

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
Former Equity Trustees global head of business development Harvey Kalman will chair Raiz Invest. Kalman is currently board member and chair of the audit and investments board committee for the Menzies Foundation and chair of the Financial Planning Advisory ...

Raiz rolls out SMSF functionality

ELIZABETH MCARTHUR  |  THURSDAY, 15 JUL 2021
Self-managed superannuation fund trustees are the latest target market for financial services platform Raiz. Raiz Invest is now open to SMSFs. It charges a fee of 0.275% per annum for balances over $15,000 ($20,000 for the Custom Portfolio offer) which ...

Raiz acquires superannuation platform

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
ASX-listed Raiz will pay $9.5 million to acquire a firm with a $70 million Choice superannuation fund. Raiz is set to buy Superestate, whose business includes superannuation, a residential property fund, and a property data platform. Under the deal ...

Raiz expands to SMSF market

ANNABELLE DICKSON  |  FRIDAY, 19 MAR 2021
... and allows users to build their own personalised portfolio by choosing the target weighting for up to 14 ETFs and Bitcoin. Raiz Invest Australia chief executive and group chief operating officer Brendan Malone told Financial Standard the expansion into ...

Raiz increases fees for lower balances

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
Raiz Invest has announced a new fee structure, increasing the monthly fee for lower balance customers. The financial services platform announced it would be increasing some fees for its Australian customers. The monthly maintenance fee will increase ...

ERS dents Raiz Super by $13m

KARREN VERGARA  |  WEDNESDAY, 24 FEB 2021
... release of super scheme. Members withdrew $13 million between April and December 2020, the firm's half-year accounts show. Raiz Super launched in 2018 with Diversa acting as its trustee. Members' money is invested in ETFs listed on the ASX, which ...

Raiz Super regains losses

ANNABELLE DICKSON  |  WEDNESDAY, 27 JAN 2021
... funds under management by nearly 15% in the December quarter despite the impact of the early release of super scheme (ERS). Raiz Invest's superannuation portfolio swelled to $81 million or 14% from $64 million after losing over $6 million in 2020 because ...

Raiz launches custom portfolio option

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
Raiz has introduced a new custom portfolio option that will enable clients to gain more control over their portfolio allocations. Raiz said the custom portfolio, unlike its seven standard ETF portfolios, will allow users to build their own personalised ...