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Showing 351 - 360 of 396 results for "FUA"

High net worth, high expectations

MICHAEL HOBBS  |  THURSDAY, 13 MAR 2008
As much as providing planning services to high net worth clients is a surefire way to grow funds under advice (FUA), gaining their loyalty is as hard as it looks. Accountants and financial planners shouldn't consider servicing high net worth clients ...

Snowball boosts FUA by $300m

MICHAEL HOBBS  |  WEDNESDAY, 27 FEB 2008
Snowball Group has posted it half year results with a boost in funds under advice by $300 million to $4.9 billion over six-month period to December last year. The company's earnings before interest and tax (EBIT) increased 27 per cent to $5.1 million ...

Count down to lower H2 revenue

RUTH LIEW  |  THURSDAY, 14 FEB 2008
... for the second half of 2008, as the effects of the share market ailings play their hands on investors' funds and the firm's FUA. Commenting on the expected downturn, Count Financial managing director, Marianne Perkovic said: "Our revenue is based on ...

ING Australia buys FSP Group

MICHAEL HOBBS  |  TUESDAY, 4 DEC 2007
... third largest planning group in the country when it bought the FSP Group, adding a 145-adviser network with over $2.5 billion FUA to the fold in one swoop. The group sidesteps the industry's long-running problem on skills shortage after buying FSP and ...

Platforms control two-thirds of planner FUA

... their planners. Even industry funds now call themselves platforms lest they slip under the market's gaze. "Funds under advice (FUA) by planners has reached $466 billion after growing 20 per cent during 2006-07, for an increase of $77 billion," noted ...

IAS gathers momentum

... accounts administrator Investment Administration Services (IAS) announced it had over $1.5 billion in funds under administration (FUA) only two years since launch. "This is a milestone for IAS and achieved from a start up position just over two years ...

Challenger FP model pays dividends

... target by 2009. "[The new business model] has also given us great momentum in terms of our funds under advice," said Kirk, with FUA up 32.7 per cent to $6.5 billion in the year to June 2007. Michelle Baltazar

CFS Employer Super doubles to $4bn

MICHAEL HOBBS  |  FRIDAY, 12 OCT 2007
Colonial First State's FirstChoice Employer Super has almost doubled its funds under administration (FUA) to more than $4 billion in the space of twelve months. FirstChoice Employer Super offers employers more than 50 investment options from a selection ...

King doubles size after buying spree

MICHAEL HOBBS  |  FRIDAY, 14 SEP 2007
King Financial Services has doubled its size after it acquired two advisory groups with a combined funds under advice (FUA) of $290 million. The Canberra-based company is now one of the largest financial planning firms in the Australian Capital Territory ...

Bridges over fresh waters

MICHAEL HOBBS  |  WEDNESDAY, 12 SEP 2007
Bridges Financial Services, a financial planning business with nearly $17 billion in funds under advice (FUA), has looked to new products in the market to increase its fund manager line up by more than 10 per cent. A subsidiary of ASX 200 investment ...