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Showing 321 - 330 of 407 results for "Advisory Firm"

Snowball reports 3pc rise in profits following Shadforth merger

ALISON BEVEGE  |  WEDNESDAY, 31 AUG 2011
Financial advisory group Snowball has reported a 3% rise in profit to $26.9 million in its first combined results announcement following the completion of its merger with Shadforth. The two non-aligned groups formed a combined wealth management business ...

FOFA: Government extends soft-dollar benefit ban to non-super risk insurance

ALISON BEVEGE  |  MONDAY, 29 AUG 2011
... all of us to pour over," he said. Financial strategist Justin Hooper of Sentinel Wealth, a non-aligned financial advisory firm, said it could not go far enough. "There should be nothing that influences an advisor at all," he said. Hooper said a banking ...

IOOF profits soar despite difficult times

ALISON BEVEGE  |  THURSDAY, 25 AUG 2011
Diversified financial group IOOF has reported statutory net profits after tax have risen by 28.4% to $99.5 million in its annual results released today. Chris Kelaher, managing director of IOOF, said it was a very pleasing result and had come despite ...

iPac buys $230m SA planning practice

ALISON BEVEGE  |  THURSDAY, 25 AUG 2011
... planning practice, growing the funds under management of its South Australian arm to more than $1.2 billion. Financial advisory firm Intervest Holdings has taken its team of six financial advisers to iPac South Australia, increasing staff numbers there ...

Planning practices will sell on earnings not revenue after opt-in

ALISON BEVEGE  |  FRIDAY, 19 AUG 2011
... Financial advisors need to improve their earnings not their revenues if they want to sell their businesses, a strategic advisory firm has said. Hunts' Group Consulting, which gives strategic growth advice to the wealth management industry, knows how ...

Customisable, original, scalable, networked: the next advice paradigm

ALEX DUNNIN  |  FRIDAY, 19 AUG 2011
The next wave of advisory firms will be provide clients with customisable advice that is original, scalable and network connected, say US advice industry researchers. In their paper, The Consumer Revolution - Surviving and Thriving in a Time of Tectonic ...

Fraud firm masquerades as financial advisors: ASIC alert

ALISON BEVEGE  |  THURSDAY, 18 AUG 2011
The Australian Securities and Investment Commission (ASIC) has issued a warning on a fraudulent financial advisory firm. ASIC has shut down Frontline Financial Planning's website which posted the Australian company number and Australian financial services ...

New tool launched to gear SMSFs into property

ALISON BEVEGE  |  FRIDAY, 22 JUL 2011
... and returns averaging 9.5% over the last 10 years. But Tony Bates, financial adviser from boutique high net worth advisory firm Bluepoint Consulting told attendees that he had yet to recommend residential property to an SMSF client. "You can't change ...

No alarms as Bell profits fall

MATT WOODINGTON  |  THURSDAY, 21 JUL 2011
... million for the six months to June 30 2011, down $8.4 million on the previous year. The stockbroking and financial advisory firm's revenue from daily stockmarket execution fell from $55 million to $51 million for the same period, "consistent with lower ...

Advisory firm directors may challenge ASIC ban

ALISON BEVEGE  |  THURSDAY, 7 JUL 2011
... The pair have the right to appeal to the Administrative Appeals Tribunal for a review of ASIC's decision. Their advisory firm, Seagrims Accountants & Financial Planners transferred 972 clients with $105 million in funds into financial products issued ...

Editor's Choice

ASIC cancels AFSL of Australian Fiduciaries

RIDDHIMA TALWANI
ASIC has cancelled the Australian financial services licence (AFSL) of Queensland-based Australian Fiduciaries, which is currently in liquidation.

Treasury expects regulators to do the heavy lifting

MATTHEW WAI
Treasury has released new Statements of Expectations for APRA and ASIC, with an emphasis on how the regulators should promote a more sustainable and secured financial ecosystem.

NGS Super names head of strategy

MATTHEW WAI
NGS Super has appointed the former ASFA chair as head of strategy, as the fund aims to strengthen its retirement offering.

SS&C axes jobs, shifts roles offshore

RIDDHIMA TALWANI
US software services giant SS&C Technologies has slashed 170 Australian roles in the operations, technology and delivery teams.

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