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Showing 21 - 30 of 130 results for "Wraps"

Wealth manager appoints new head of advice

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... financial planner, having kicked off his career as a planner Empire Financial Planning in 2010. Howell's appointment wraps up a month of significant change at ClearView. Late last week it was rated for the first time ever by credit rating issuer ...

WealthO2 appoints national BDM

ALLY SELBY  |  WEDNESDAY, 4 MAR 2020
... networked BDM resource, to explain the benefits of WealthO2's unconflicted, low cost alternative to the product platforms and wraps." Bernasconi said Schapkaitz's proven business track record would make him an asset to the team. "Greg is a welcome addition ...

Masterfunds up $26 billion

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JAN 2020
... increase and Commonwealth/Colonial saw 5%. There was more modest growth at Macquarie (4.3%), Mercer (4.2%) and BT (3.7%). Wraps now account for $414.2 billion of FUM from the total masterfunds market, up 8.8% over the past 12 months with inflows of $96.6 ...

Fidelity wholesale director departs

KANIKA SOOD  |  TUESDAY, 8 OCT 2019
... banking and financial services, focusing on institutional partnerships. Prior to this, he was a senior BDM at Asgard and a wraps specialist at BT Financial Group.

Netwealth top for FUM growth

ELIZABETH MCARTHUR  |  FRIDAY, 4 OCT 2019
... established competitors. The research found a total $37.7 billion rise in funds under management over the year to June 2019 for wraps, platforms and master trusts. The masterfund market overall was up 4.4% this year to a total of $885.9 billion by 30 ...

ASIC to crack down on platform fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 AUG 2019
... to have to impose the same capital requirements on a managed account operator that they have for responsible entities and wraps - so a maximum of $5 million," he said. "They'll still let us run the money the way we're doing it - and a wrap do it the ...

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
... 17% to $51 billion in the 12 months to March, according to Rainmaker data. Platform funds under administration in trusts, wraps and selected managed accounts platforms increased 3% over the period - reaching $699 billion. That annual lift in FUA amounted ...

Aberdeen Standard hires retirement head

HARRISON WORLEY  |  THURSDAY, 20 JUN 2019
... Australia, advising the firm's clients - the wealth arms of the big banks and super funds of all persuasions - on retirement, wraps, mergers and acquisitions and "other transformation areas." Nyilas also spent 10 years at IBM as the firm's global pensions ...

Rush of advisers sign up before FASEA deadline

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... CBA. This is now down to less than 900. Elsewhere in the Rainmaker report, platform funds under advice in master trusts, wraps and selected managed accounts increased 1% during the 12 months before December 2018 to reach $691 billion. However due to ...

Colonial First State makes major fee cuts

KANIKA SOOD  |  THURSDAY, 18 APR 2019
... in assets under management. Grabbing market share CFS and CBA have the third-largest slice of the $811 billion platforms, wraps and master fund market with an almost 15% share, after BTFG and AMP, according to Strategic Insight. This is as at December ...