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Showing 361 - 370 of 396 results for "FUA"

Dixon in three-part expansion push

MICHAEL HOBBS  |  MONDAY, 27 AUG 2007
Dixon Advisory joins the big league after it added 22 advisers with $1.5 billion in funds under advice (FUA) to its network, appointed former Bulletin editor Max Walsh to its investment committee and completed a business re-branding. Former ABN AMRO ...

Super Concepts buys Super Design

MICHAEL HOBBS  |  THURSDAY, 23 AUG 2007
... Concepts posted a 177 per cent increase in funds established in the last financial year, bringing funds under administration (FUA) to over $2 billion. The new acquisition adds another 800 funds to the group. However, ING chief executive Paul Bedbrook ...

DKN to wrap up $120m Zurich deal

... administration services of Zurich Financial, a dual deal that creates a combined business with around $8 billion in funds under advice (FUA). The acquisition is still subject to DKN and Lonsdale shareholder approval. But when completed, DKN's chief executive ...

Advisers post record growth

ALEX DUNNIN  |  WEDNESDAY, 8 AUG 2007
... adviser numbers, this apparent shortage is not harming the industry as advisers have almost doubled their funds under advice (FUA) in just four years to $453 billion, though Rainmaker said a lack of advisers could also be limiting the potential growth. ...

Value planners on profitability, not scale

... valuations being thrown around for these dealer groups are incorrectly based on their size or 'funds under administration' (FUA) when it should be based on "earnings before interest and tax" (EBIT). On the surface EBIT is king but the reality is often ...

AFS increases stake in Salisbury

CHRIS NICHOLLS  |  THURSDAY, 26 APR 2007
... Salisbury Group (TSG) dealership, adding 30 financial planning practices to its books and expanding its Funds Under Advice (FUA) to $6 billion. The full extent of the increase is unclear, as AFS chief executive Peter Daly was unable to confirm the size ...

Avanteos loses $7 billion Goldman Sachs mandate

... released yesterday. CFS advise the mandate represented only 4 per cent of the stated $165.3 billion funds under administration (FUA). However, Rainmaker figures show only $27 billion in FUA for First Choice with total CFS platform figures of $35 billion ...

Magnitude to grow FUA by 50 per cent

Magnitude Financial Planning has reached more than $1 billion funds under administration (FUA) and is set to gain an additional $500 million more in the next three months. The BT-owned dealer group was set up in February last year and has gone from ...

MLC and Aviva slash fees

CHRIS NICHOLLS  |  THURSDAY, 29 MAR 2007
... pay only one administration fee, rather than two. "We have experienced rapid growth in our MasterKey Custom platform, with FUA doubling in the past three years and around 40 per cent growth in inflows year on year," said Anthony Waldron, general manager ...

CommBank FUA reaches $168b

... 'which bank' but 'which funds' today after the Commonwealth Bank posted a 22.7 per cent growth in funds under administration (FUA) to $168 billion in the half year ended 31 December 2006. The funds management business posted a 27 per cent increase in ...