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Showing 11 - 20 of 356 results for "Wealth Management business"

Perpetual extends exclusive talks for wealth management sale

MATTHEW WAI  |  THURSDAY, 18 DEC 2025
... binding agreement, or that any transaction would proceed. Perpetual announced its intent to sell the wealth management business in February 2025. On November 5, Perpetual confirmed the exclusive agreement with Bain Capital Private Equity to progress ...

Bell Financial Group names inaugural investments chief

KARREN VERGARA  |  FRIDAY, 7 NOV 2025
... to provide investment advice and services to a broad range of Australian investors. As a diversified wealth management business, it reflects our desire to become the wealth manager of choice for Australians seeking trusted advice that supports them at ...

Perpetual confirms exclusivity with Bain Capital

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
Perpetual confirmed it is in exclusive talks with Bain Capital Private Equity to offload its wealth management business following media reports. The $232 billion fund manager said it signed an exclusivity deed with Bain Capital Private Equity to further ...

Rumours swirl around Perpetual's wealth business sale

ELIZA BAVIN  |  THURSDAY, 23 OCT 2025
... but said no deal has been struck yet. "Perpetual notes speculation regarding the proposed sale of its wealth management business, which was originally announced on 24 February 2025," Perpetual said in an ASX announcement. "Perpetual is continuing to ...

Perpetual reports positive first quarter

ELIZA BAVIN  |  MONDAY, 20 OCT 2025
... outflows of $2.3 billion for the quarter. Reilly said Perpetual was still progressing with the sale of its wealth management business, which, "despite the uncertainty" delivered growth in funds under advice (FUA) for the quarter. Total FUA for the quarter ...

LGT Crestone unveils rebrand

ELIZA BAVIN  |  MONDAY, 22 SEP 2025
... recent expansion of the team and client base, demonstrates a strong commitment to building a leading wealth management business in the region," de Perregaux said. "I look forward to supporting the team as they continue to deliver outstanding outcomes ...

New J O Hambro chief appointed amid Perpetual refresh

RIDDHIMA TALWANI  |  WEDNESDAY, 10 SEP 2025
... leadership overhaul comes as Perpetual continues to work on its long-awaited sale of its $21.5 billion wealth management business. The $226.8 billion asset manager reported a statutory loss of $58.2 million in FY25, which factors in impairment costs ...

Perpetual flags 'uncertainty' over wealth management sale

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
... Despite the uncertainty, Perpetual said the proposed sale of the business continues to progress. The wealth management business saw a 5% drop in underlying profit before tax to $51.5 million, however funds under advice rose 9% to $21.5 billion thanks ...

Canaccord Genuity buys Wilsons Advisory

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... made via Canaccord Genuity Australia, with the group saying it aligns to its strategy of growing its wealth management business and enhancing its capital markets capabilities. It added that its national footprint will now be significantly larger, with ...

Bell Financial reports 44% slump in profit

KARREN VERGARA  |  FRIDAY, 15 AUG 2025
... recurring revenue divisions remains strong and is set to continue as we transform into a more diversified wealth management business with multiple, scalable revenue streams. The goal is to create a stronger, more resilient business that continues growing ...