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Age of the billion-dollar financial adviser

MICHELLE BALTAZAR  |  MONDAY, 18 AUG 2014
... His journey and those of three other financial advisers will be discussed at the Best Practice in Managed Accounts Forum next Tuesday, in a one-day only event hosted by Tony McDonald, a managed accounts expert who led the Snowball Group (now part of ...

Brumbie: Super idea, super silly reaction

ALEX DUNNIN  |  MONDAY, 18 AUG 2014
... argued Australian housing is overvalued and given expectations of only moderate capital appreciation in housing over the next few years that people may be better off renting than buying. Needless to say the RBA's paper triggered a frenzied flurry among ...

FEATURE: Have we reached the tipping point for managed accounts?

MARK SMITH  |  FRIDAY, 15 AUG 2014
... series of false starts, industry experts are saying now is the time for managed accounts to live up to their billing as the next big thing in client portfolio management. Managed accounts have been around for decades but it is not until relatively recently ...

Skaffold targets SMSF with latest hire

STAFF WRITER  |  FRIDAY, 15 AUG 2014
... roles with Westpac, Tower Trust and Asgard. Skaffold chief executive Peter Simson said Clisby's appointment would drive the next phase of Skaffold's distribution strategy. "Client case studies highlight how Skaffold allows advisers to serve client needs ...

Putin pontificates peace

BENJAMIN ONG  |  FRIDAY, 15 AUG 2014
... 289K to 290K - for they remain at levels see before the recession. It's a volatile data that fluctuates from one week to the next anyways. But should this be the start of a rising trend, it would stall the Fed. So what's the worry? Janet Yellen would ...

Only the dead have seen the end of war

BENJAMIN ONG  |  WEDNESDAY, 13 AUG 2014
... the backdrop of uncertain sales prospects". "Moreover, the tensions and the undoubtedly increasing uncertainties over the next few months in view of potential retaliatory measures by Russia are set to cloud the investment climate in Germany. The 4.6% ...

Do not take adviser loyalty for granted: research

LAURA MILLAN  |  TUESDAY, 12 AUG 2014
... However, 18% of planners who play some role in platform selection intend to look for a new or additional platform in the next year. The Macquarie Wrap, the BT Wrap and the Asgard eWRAP seemed the most attractive options among advisers who wanted to switch. ...

Digital advice to jumpstart $5.6 trillion land grab

MICHELLE BALTAZAR  |  MONDAY, 11 AUG 2014
The next big wave of advice will come from a business model that is gaining traction overseas, but is yet to be fully embraced in Australia. For the early adopters, it could be the foundation of a sustainable and exciting growth for their practices. ...

Humanitarian you, humanitarian me too

BENJAMIN ONG  |  MONDAY, 11 AUG 2014
... its auto, shipping and aerospace industries and "reviewing" airspace restrictions - one day, and plays candyman the very next day? Yeah, sure. Not when the tit-for-tats, my sanctions for your sanctions, are still in play. Only now it's developed into ...

Managedaccounts.com.au adds adviser to sales team

STAFF WRITER  |  FRIDAY, 8 AUG 2014
... signed a Memorandum of Understanding to implement a private label managed account service with managedaccounts.com.au in the next few months.