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Showing 21 - 30 of 37 results for "Snowball Group"

Officium Capital hires new 'best ideas' manager

MICHAEL HOBBS  |  THURSDAY, 6 AUG 2009
... posted over 8 per cent return, over a six month period to June. Officium Group provides portfolio management to Snowball Group and its planning groups including Western Pacific and Outlook Financial Solutions. The firm has around $360 million in combined ...

Another super buy for Snowball

RUTH LIEW  |  THURSDAY, 2 APR 2009
... includes staff from the Adelaide-based corporate super business recently acquired from Hood Sweeney. Early last month, Snowball Group acquired the corporate superannuation business of Hood Sweeney Securities, a move that adds $80 million in funds to ...

CORRECTION: Snowball expands corp super

MICHAEL HOBBS  |  WEDNESDAY, 4 MAR 2009
Snowball Group has acquired the corporate superannuation business of Hood Sweeney Securities, a move that adds $80 million in funds to the group's existing corporate super funds under advice. The deal does not affect Hood Sweeney Securities Pty Ltd ...

Dealer groups bank on strong balance sheets

MICHAEL HOBBS  |  TUESDAY, 20 JAN 2009
... staff members as before so we've been very conservative over the last period," he added. Meanwhile, Carl Scarcella, Snowball Group chief operating officer, said like The Salisbury Group, the group is also "fundamentally a conservative business." "Storm ...

Snowball FUA grows $700m

MICHAEL HOBBS  |  TUESDAY, 25 NOV 2008
Snowball Group's unwavering appetite for merger and acquisition activity remains consistent despite bad market conditions, adding $700 million in funds under advice in the past financial year alone. At yesterday's annual general meeting, Snowball managing ...

Snowball buys Mastertek

ASX listed financial services firm Snowball Group has acquired 100 per cent of the assets of specialist corporate superannuation business, Mastertek Benefit Consultants (MBC). Snowball will snap up all the assets of MBC, while the acquisition will be ...

Snowball buys Yarra Financial

MICHAEL HOBBS  |  WEDNESDAY, 23 APR 2008
Snowball Group has acquired Yarra Financial Group, which runs a $130 million funds under advice (FUA) financial planning practice and a separate accounting business. The deal means Yarra Financial Group's (Yarra) accounting and financial planning businesses ...

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 ...

Snowball rolls up three advice practices

MICHAEL HOBBS  |  THURSDAY, 7 FEB 2008
... Financial Planning late last year. The agreement means financial planners retain ownership of the business. However Snowball Group, under the Western Pacific licence, will gain a proportion of the practices revenue stream for fifty years. The purchase ...

Snowball acquisitions feeding bottom line

KATE HAGE  |  FRIDAY, 8 SEP 2006
Snowball Group has reported an after tax profit of over $1.7 million for the June 2006 year, with earnings per share increasing 150 per cent from $1.20 to $3.00 on the back of a continuing acquisitions strategy. The results were fed by strong revenue ...