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Showing 361 - 370 of 3410 results for "Revenue"

SMSFs thrive amid ATO compliance complications

MATTHEW WAI  |  THURSDAY, 25 JUL 2024
... Summit. According to the Investment Trends 2024 SMSF Adviser and Accountant Report, there has been a significant increase in revenue from SMSF clients year-on-year, consolidating the market's sentiment in engaging the particular service. To accommodate ...

Sequoia chief reappointed, hunt for successor kicks off

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
... report FY24 numbers in late August, and despite "significant disruption" to the business over recent months, will see revenue of approximately $125 million and normalised EBITDA of around $8.5 million in its full-year results.

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... growth supported by strong industry and regulatory tailwinds and is expected to provide access to resilient recurring revenue streams from its core research offering," Coombe said.

Pacific Current sells European boutique

KARREN VERGARA  |  MONDAY, 22 JUL 2024
... coming months. PAC announced it made a US$34.25 million ($47m) investment in Carlisle in 2019, which equated to a 16% revenue-share arrangement and 40% of sale proceeds. Luxembourg-based alternative fund manager Carlisle focuses on managing portfolios ...

Kidmans acquires wealth advisory firm

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2024
Kidmans Partners, a member of the Count network, has acquired Victorian accounting and financial advice firm Zanacorp for $2.1 million. Kidmans will pay 70% of the consideration for Elsternwick-based Zanacorp upon completion and the remainder will be ...

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... Partners, which, according to their recent financial reports in [June 2023 has] 3500 clients... and they are increasing their revenue in the last year [to] $167 million."

'Growing revenues, not AUM, is the new name of the game': ISS

ANDREW MCKEAN  |  THURSDAY, 11 JUL 2024
The relationship between assets under management (AUM) and revenue growth has broken down as fund buyers - both retail and institutional - increasingly embrace lower-fee index funds. This comes as interest in more expensive active strategies appears ...

Regulation, profitability top adviser worries: BT

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... but our margins are being squeezed. If your business is stagnant and you are not bringing in new clients and increasing revenue, your business is going backwards," said Empire Financial Group managing director Raymond Pecotic. The third area of concern ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... year. This is in large part because fines and penalties associated with enforcement actions are paid into consolidated revenue. Government has plenty of room to make the levy fairer and more sustainable," Abood said.

AWAG invests in advice firm, adds to network

KARREN VERGARA  |  MONDAY, 8 JUL 2024
... be made up of cash and some scrip component or both. In return, AWAG will receive a royalty payment based on the gross revenue of the Melican. AWAG also onboarded Murdoch Private Wealth, which is based in Kew, Victoria, as an authorised representative ...