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Showing 21 - 30 of 65 results for "SFG"

SFG acquisition boosts IOOF growth

LAURA MILLAN  |  THURSDAY, 26 FEB 2015
IOOF Holdings has reported a record half year growth, following the acquisition of SFG Australia. Underlying net profit after tax pre-amortisation was $80.6 million for the six months to 31 December 2014, with SFG contributing $16.3 million to the result. ...

IOOF rejigs SFG investment team following buyout

STAFF WRITER  |  MONDAY, 23 FEB 2015
IOOF Holdings is consolidating the SFG Australia research and portfolio construction functions, following the acquisition of SFG Australia in August. SFG Australia chief investment officer Matthew Drennan will assume the role of IOOF group head of research ...

MDS Financial Group to purchase Sequoia Wealth Group

ALEX BURKE  |  THURSDAY, 5 FEB 2015
... Wealth Group (SWG), it announced today. This follows MDS's acquisition of SWG's minority shareholder, Sequoia Financial Group (SFG), in December 2014. SFG brought across its asset management, financial planning and SMSF administration services to MDS. ...

Genesys advisers looking at all options following wind up

LAURA MILLAN, JAMES FERNYHOUGH  |  WEDNESDAY, 19 NOV 2014
Advice practices licensed under AMP-owned Genesys Wealth are currently considering all options after the licensee announced yesterday that it would wind up. At the moment, 92 advice firms employing 188 advisers are licensed under Genesys, according ...

IOOF reports record growth

STAFF WRITER  |  FRIDAY, 22 AUG 2014
... achieved organically, then in late May 2014, IOOF announced the acquisition of financial advice and wealth management business, SFG Australia." Kelaher said that while SFG Australia's financial result is not included in this year's result, it is expected ...

IOOF completes SFGA buyout

LAURA MILLAN  |  WEDNESDAY, 20 AUG 2014
IOOF has effectively completed the acquisition of 100% of the shares in SFG Australia, following the buyout proposal made public in May. As part of the scheme of arrangement, SFGA shareholders could elect to receive IOOF shares only or a cash alternative ...

Age of the billion-dollar financial adviser

MICHELLE BALTAZAR  |  MONDAY, 18 AUG 2014
... Tuesday, in a one-day only event hosted by Tony McDonald, a managed accounts expert who led the Snowball Group (now part of SFG) from a start-up to a fully integrated business with A$4.7 billion in funds under advice. The program will also feature presentations ...

SFGA shareholders approve IOOF acquisition proposal

ALICE URIBE  |  MONDAY, 4 AUG 2014
SFG Australia (SFGA) shareholders have voted in favour of IOOF's Scheme of Arrangement to acquire 100% of ordinary shares in SFGA. SFGA will now seek orders from the Federal Court of Australia for the approval of the Scheme at the second court hearing ...

IOOF set to complete SFGA acquisition in August

LAURA MILLAN  |  TUESDAY, 1 JUL 2014
SFG Australia (SFGA) has made public an explanatory memorandum which outlines the details of the acquisition by IOOF Group and sets the implementation date for August 20, 2014. According to the document, the SFGA shareholders' scheme meeting is scheduled ...

Bridges brings another advice business under IOOF umbrella

LAURA MILLAN  |  TUESDAY, 10 JUN 2014
... Financial Services. The buyout announcement came shortly after IOOF made public its intention to acquire independent dealer group SFG Australia A (SFGA). The recent acquisitions are set to position IOOF as one of the biggest players in the financial ...