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Showing 341 - 350 of 396 results for "FUA"

AWM posts $65m profit

MICHAEL HOBBS  |  THURSDAY, 28 AUG 2008
... AWM's wealth management business, which also includes Bridges Financial Services, posted $13.4 billion in funds under advice (FUA) at the end of June. United Funds Management, AWM's investment management business, recorded funds under management (FUM) ...

Perpetual posts $133m profit

MICHAEL HOBBS  |  THURSDAY, 21 AUG 2008
... Investments, the structured products business and its mortgage services. Perpetual's Private Wealth's funds under advice (FUA) fell further since May to $7.7 billion at the end of financial year, dropping $700 million on the corresponding period. The ...

Fee for service planners on the rise

... growth in fee for service was among those planners who currently had less than $10 million in funds under administration (FUA), who expected to increase the fixed rate and hourly rate revenue to rise from 14 per cent of total revenue in 2007 to 29 per ...

TFSA cuts cost, saves time through Paragem

... which is to double the size of its dealer network from its current 110-adviser number and $1.8 billion funds under advice (FUA). Through the partnership with Paragem, TFS shifts from a business with a fixed cost base to one with a variable cost base. ...

Planner buying spree tops $17bn

The latest Rainmaker Research reveals more than $17 billion of funds under advice (FUA) has changed ownership in the last six months, resulting in a major reshuffle of the country's top 10 financial planning groups. The largest deal to date was AXA's ...

SMSFs buoy netwealth FUA

MICHAEL HOBBS  |  MONDAY, 19 MAY 2008
... reported a drop in fund inflows, growing support from self-managed super funds boosted netwealth's funds under administration (FUA) by 50 per cent to $960 million over the year. Overall, netwealth's funds under management increased by 36 per cent to ...

St George and Westpac to merge

RUTH LIEW  |  MONDAY, 12 MAY 2008
... The combined St.George and Westpac unit for instance will leap ahead of NAB-owned MLC, who held the lead at $71.9 billion in FUA at the end of last year, according to Rainmaker. It will also create Australia's largest supplier of home lending with a ...

Snowball buys Yarra Financial

MICHAEL HOBBS  |  WEDNESDAY, 23 APR 2008
Snowball Group has acquired Yarra Financial Group, which runs a $130 million funds under advice (FUA) financial planning practice and a separate accounting business. The deal means Yarra Financial Group's (Yarra) accounting and financial planning businesses ...

LIFT Capital collapses

MICHAEL HOBBS  |  FRIDAY, 11 APR 2008
... [unnamed] secured creditor has been repaid. The statement from McGrathNicol did not detail the total funds under administration (FUA) although last year, LIFT said it had more than $750 million in FUA. According to Business Day, Merrill Lynch was one ...

Ken Done sues over $53m bad advice

MICHAEL HOBBS  |  THURSDAY, 20 MAR 2008
... Rainmaker Data, Commonwealth Financial Planning has more than 700 advisers managing nearly $26 billion in Funds Under Advice (FUA). Financial Wisdom is a separate business with more than 430 advisers and $10 billion plus in FUA. Bentley Barton & Partners ...