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Showing 321 - 330 of 3360 results for "Wealth management"

How many advisers will Australia have in 2044?

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... advisers are strategically less important, the successful remaining ones are now much more important because in a wealth management market that is violently disrupting, fund managers need effective financial advisers more than ever. And that is before ...

Iress snags Insignia Financial executive

ELIZABETH FRY  |  FRIDAY, 9 AUG 2024
... Iress chief executive Marcus Price noted his strong track record of leading transformational change within the wealth management industry, with considerable experience in the operating and risk environment within superannuation. "He brings extensive ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
The founder and former chief executive of wealth management firm United Global Capital, Joel Hewish, has been slapped with a 10-year ban from providing financial services. Hewish, who is also prohibited from holding any role within a financial services ...

Wilsons Advisory snaps up private wealth practice

ELIZA BAVIN  |  FRIDAY, 2 AUG 2024
... additions to the private wealth team. "James brings a wealth of experience and a proven track record in private wealth management. James will work with our head of Melbourne Ted Richards to further grow and expand our Melbourne capability, in conjunction ...

Private capital fundraising remains in the doldrums: Preqin

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
... acquisition of PSC Insurance Group by Ardonagh Group for $1.5 billion, followed by Perpetual's hiving off its wealth management unit to KKR at $1.4 billion. APAC venture capital (VC) fundraising also experienced a rebound in the second quarter of 2024 ...

Positives remain at Perpetual, says Morningstar

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2024
... Perpetual's management to cut costs, seek out higher-margin clients, and achieve a strong outcome from the sale of the wealth management and corporate trust capabilities to KKR. Morningstar has lowered its fair value estimate from $26 per share to ...

JANA wins investment consulting mandate

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
... platforms, across three dealer groups. JANA said the collaboration is hoped to drive "innovation and excellence in wealth management," offering clients access to a broad range of investment opportunities and strategic advice. It added that the partnership ...

Perpetual net outflows top nearly $9bn

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
... Perpetual's Corporate Trust business had funds under administration (FUA) reach over $1.2 trillion as at June 30. The wealth management division's FUA was $19.8 billion, reporting net inflows of $0.2 billion in the final quarter. Kohlberg Kravis ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... Generation development Group with full ownership of a highly strategic asset in an attractive segment of the wealth management sector. We believe that Lonsec is well positioned for future growth supported by strong industry and regulatory tailwinds and ...

Beaconsfield takes control of New Quantum

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... receivers and managers to New Quantum Holdings, a non-trading holding company with operating subsidiaries including wealth management software platform New Quantum and options broker Morrison Securities. The appointment of receivers follows the company ...