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Showing 31 - 40 of 8106 results for "Wealth"

FSC expands financial advice membership

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... expanding its remit into the financial advice sector by adding six licensees to its network of members. Count, Fortnum Private Wealth, Infocus, Otivo, Rhombus Advisory, and WT Financial Group have joined FSC's new initiative. This new model of engagement ...

JANA appoints new director of client development

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... institutional clients. He will be focused on enhancing JANA's presence and forming relationships with non-profits, endowments, and wealth practices in Australia. JANA said Chebli is a seasoned investment professional with more than 20 years of experience ...

Fortnum, PFS launch parent company

KARREN VERGARA  |  MONDAY, 22 APR 2024
Fortnum Private Wealth and its newly acquired advice business Professional Financial Services (PFS) will operate under a newly launched parent company brand, Entireti. Last November, AZ NGA-backed Fortnum and Nestworth Financial Strategists (formerly ...

TCorp promotes three to lead roles

ELIZABETH FRY  |  FRIDAY, 19 APR 2024
... two years. For her part, Blunt has worked at TCorp for eight years, with Roberts chalking up three years at the sovereign wealth fund. All up, she has had 15 years of experience in banking - primarily in syndicated loans agency and credit risk management. ...

Top 10% of households home to 15 times more wealth

JAMIE WILLIAMSON  |  FRIDAY, 19 APR 2024
The average household wealth of Australia's richest 10% increased by 84% in the past 20 years, while that of the lowest 60% increased significantly less. A new report from ACOSS and UNSW Sydney's Poverty and Inequality Partnership - titled Inequality ...

Adviser numbers plateau

KARREN VERGARA  |  THURSDAY, 18 APR 2024
... closely followed by Morgans Financial's 423 and Count's 350 advisers. Interprac Financial Planning (326), Alliance Wealth (318), Charter Financial Planning (294), Consultum Financial Advisers (287), Lifespan Financial Planning (282), Synchron ...

AMP North adviser inflows rise 22%

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
... $201 million in Q1 2024. However, pension payments increased to $500 million from $392 million year-over-year, which the wealth management firm said reflected the increase to minimum drawdown limits from July 2023. The positive net cashflows, along with ...

Praemium loses $700m due to adviser transitions

ELIZA BAVIN  |  THURSDAY, 18 APR 2024
... addition of OneVue Platform FUA of $4.1 billion brought total Platform FUA to $28.4 billion. The acquisition of the OneVue Wealth Platform from Iress was completed on April 15. "The addition of this new FUA is underpinned by long-term relationships with ...

Financial advice exodus has 'bottomed out': ClearView

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
... exit from advice after selling its stake in Centrepoint for $15.2 million back in November last year and aiming to exit wealth management with the sale of ClearView Investment Management to Human Financial which is expected to be complete in 1H FY25. ...

Betashares plans to launch first 'moderately geared' ETFs

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
Betashares is readying to launch Australia's first moderately geared ETFs on the ASX, as part of its new 'Wealth Builder' product suite. The ETFs, which are expected to offer a gearing ratio of 30-40%, aim to allow investors to benefit from the long-term ...