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Showing 21 - 30 of 433 results for "Financial advisor"

ASIC freezes assets of Melbourne based licensee

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
The Australian Securities and Investments Commission (ASIC) has obtained interim orders from the Federal Court freezing the assets of financial advice licensee United Global Capital and related property investment company Global Capital Property Fund ...

Brookfield bids for majority stake in Neoen

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
Brookfield and its institutional partners have lobbed a bid to acquire a 53% majority stake in French renewable energy company Neoen from current owners, including Impala, the investment vehicle of French entrepreneur Jacques Veyrat and his family ...

Clime to offload Madison Financial Group

JAMIE WILLIAMSON  |  MONDAY, 27 MAY 2024
Clime Investment Management will sell Madison Financial Group and managed accounts platform WealthPortal to Infocus for $2 million. The sale is part of Clime's strategic decision to focus on its funds management and private wealth businesses and ...

Calls for a simplified path to financial advice

ANDREW MCKEAN  |  WEDNESDAY, 15 MAY 2024
Financial Advice Association Australia (FAAA) chief executive Sarah Abood said she supports recent proposals around adviser education from the Joint Associations Working Group (JAWG) because "we need far more people with these qualifications" and the ...

Regal Partners acquires PM Capital

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
Regal Partners has inked a deal to acquire PM Capital, an investment manager with a core focus on equities and fixed income strategies. PM Capital was established by its current chair and chief investment officer Paul Moore; it serves Australian retail ...

Adviser cops 10-year sentence

KARREN VERGARA  |  FRIDAY, 6 OCT 2023
... that you had lost your licence did nothing to deter you from representing yourself as a licensed, trustworthy financial advisor to many of your victims. Thus, while you have no prior convictions, in my view specific deterrence must still carry some weight ...

Former van Eyk chief cops permanent ban

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
The former chief of van Eyk Research Mark Thomas has copped a permanent ban from working in financial services by the corporate regulator. ASIC's banning order follows the former research house chief's sentencing last November when he pled guilty ...

Natixis IM eyes expansion with new retail AFSL

ANDREW MCKEAN  |  MONDAY, 4 SEP 2023
Natixis Investment Managers has expanded its Australian Financial Services Licence (AFSL) to target retail clients, affording broader access to strategies from its collective of global investment managers. Natixis IM country head of Australia and New ...

Investors trust ChatGPT for advice

KARREN VERGARA  |  MONDAY, 26 JUN 2023
An overwhelming number of investors believe ChatGPT will provide accurate financial advice, flagging they will lean on artificial intelligence as their trusted adviser in the future. According to the Investor Index study of 1100 UK investors with a ...

Count completes Affinia acquisition

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
Count has completed its acquisition of Affinia Financial Advisers, growing its adviser network substantially. Through the acquisition, Count has acquired 75 financial advice practices from TAL, adding around 100 financial advisers to its community. ...