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Showing 341 - 350 of 1850 results for "Financial Group"

Insignia reports advice outflows, adviser losses

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
... self-employed and self-licensed advisers. It explained the Professional Services channel accounts for Shadforth Financial Group and Bridges, employing a B2C model and providing advice on a fee-for-service basis. Meanwhile, Advice Services is a B2B offering ...

Viridian picks up advice firm

CHLOE WALKER  |  WEDNESDAY, 19 APR 2023
Viridian Financial Group has acquired a Queensland-based boutique advice firm, with plans to leverage its use of video Statements of Advice (SoAs). Viridian has acquired Enlightened Financial Solutions, founded by chief executive and Financial Standard ...

Spark Financial Group launches digital investing solution

CASSANDRA BALDINI  |  WEDNESDAY, 5 APR 2023
... executive and co-founder Andrew Varlamos echoed Kallos' comments. "Passionate, mission-driven licensees like Spark Financial Group are listening to their advisers and taking steps now to give them the means to help a much broader audience of people who ...

Magellan FUM continues backwards slide

CHLOE WALKER  |  WEDNESDAY, 5 APR 2023
Magellan Financial Group has taken yet another hit to its funds under management, falling $2.2 billion to $43.2 billion during the month of March. Magellan saw net outflows of $3.9 billion, which included net retail outflows of $0.5 billion and net ...

Linchpin, Endeavour directors found guilty

JAMIE WILLIAMSON  |  TUESDAY, 4 APR 2023
... November 2019. Much of the money was allegedly used by Linchpin to make loans to itself and then-subsidiary Beacon Financial Group. Daly received loans totalling about $130,000, while Raftery took $40,000 on loan. Daly's was initially for $20,000 ...

BT's Advance AM hit with stop orders

JAMIE WILLIAMSON  |  FRIDAY, 17 MAR 2023
BT Financial Group has been forced to suspend distribution of three of its Advance Asset Management funds for having non-compliant, "broadly drafted" target market determinations (TMDs). ASIC issued interim stop orders to BT and Advance Asset Management ...

E&P Investments hunts new RE

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... will only put forward a proposal to unitholders if it's in members' best interests. The move follows on from E&P Financial Group's decision to wind up the Orca Asia, Global and E&P Healthcare strategies to allow for greater focus on the Claremont Global ...

Morrison Securities stake to net Sequoia $40m

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
Sequoia Financial Group is offloading 80% of Morrison Securities to a digital wealth platform for $40.5 million. The listed wealth group is divesting 80% of its equity interest in the stockbroker to New Quantum Holdings, leaving Sequoia's balance sheet ...

Clime profits slide, poised for further M&A

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
Clime Investment Management's statutory net profit after tax (NPAT) slid 47% on the back of integration costs and investors won't receive an interim dividend, as it plans for more M&A activity. Clime's NPAT has slid to $236,000 from $445,000 in its ...

AZ NGA buys stake in Melbourne advice firm

CHLOE WALKER  |  MONDAY, 6 FEB 2023
... has over 2000 clients. The deal follows shortly after AZ NGA bought a stake in another Melbourne-based firm, SCM Financial Group. "For AZ NGA, there are only two reasons to enter into a strategic partnership: capability and capacity," AZ NGA chief executive ...