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Showing 31 - 40 of 356 results for "Wealth Management business"

Bennelong refreshes board

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
Bennelong Funds Management has welcomed a new chair following the retirement of Lincoln McMahon at the end of December. Lincoln McMahon will be succeeded by Campbell Fleming who brings over 35 years of experience in asset management and financial services ...

AMP nabs Mercer wealth manager

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
Mercer Australia's wealth management business has lost its strategic relationship leader to the AMP superannuation and investments team. On Monday, John Allmey joined the firm as national manager of strategic partnerships. In his new role, Allmey ...

Perpetual-KKR deal hits tax bill snag

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
The Australian Taxation Office (ATO) is threatening to impose a massive tax bill on KKR's takeover of Perpetual's wealth management and corporate trust businesses, which has ballooned to more than $500 million. Perpetual said it has "strong ...

UBS institutional client coverage lead departs

ELIZABETH FRY  |  MONDAY, 24 JUN 2024
... month, UBS posted its first quarterly profit since taking over Credit Suisse. Higher revenues at its wealth management business and investment bank drove net profit to US$1.8 billion in the first three months of 2024. Wealth revenues climbed 11% from ...

Prime FG eyes wealth management business

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
Prime Financial Group (PFG) is set to acquire an unnamed firm that operates investment research and funds management services. PFG flagged that a confidential non-binding indicative offer has been made to the Melbourne-based firm. If the offer is successful ...

Perpetual confirms KKR acquisition talk

JAMIE WILLIAMSON  |  MONDAY, 29 APR 2024
Following media reports and a short trading halt, Perpetual this morning confirmed it is in exclusive discussions with KKR over the acquisition of its Corporate Trust and Wealth Management arms. Over the weekend, the AFR reported KKR is set to acquire ...

AMP North adviser inflows rise 22%

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
AMP North inflows from independent financial advisers (IFAs) increased 22% as its platforms business' assets under management (AUM) increased to $74.3 billion. In a quarterly business update, AMP reported that net cash inflows to platforms increased ...

Grok Ventures appoints new chief executive

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
... other achievements. She was also previously a managing director for UBS, leading and managing their wealth management business in China and held senior roles in BlackRock Asia. She comes to Grok from SieraCo, where she was a partner. Grok has identified ...

Insignia Financial names chief executive

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... now part of Insignia. Hartley was most recently chief executive of AMP's short-lived Australian Wealth Management business, which was dissolved into the wider business in May last year. Just months after taking on the role, he famously made sweeping ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
Once again, Financial Standard readers were captivated by the evolving superannuation landscape, with this year's top stories largely focused on this space. However, there was one particular executive move that simply couldn't be scrolled past. ...