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Showing 581 - 590 of 6766 results for "Profit"

Advice Revolution rebrands to elemnta

KARREN VERGARA  |  WEDNESDAY, 20 SEP 2023
Fintech Advice Revolution has rebranded to elemnta and secured a partnership with Colonial First State to deliver integration solutions to financial advisers. elemnta chief technology officer Adrian Patty said elemnta is designed to connect key elements ...

ClearView welcomes chief of staff

CASSANDRA BALDINI  |  MONDAY, 18 SEP 2023
... group said it had $305.9 million in in-force life insurance premiums. It further reported a 41% increase in underlying net profit after tax of $36.5 million and a 25% increase in new business to $25.2 million. At the time, Gooderick said the decision ...

Aware Super rolls out adviser portal

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
... portal "has transformed the way independent financial advisers (IFAs) interact with the fund, setting a new standard for profit-to-member funds in providing seamless functionality and ease of use". "This has changed the proposition for IFAs, simplifying ...

Priority Advisory Group, Wise Planners merge

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2023
... enables businesses to drive cost savings, spread fixed and variable costs over a larger number of clients, and increase profit margins," Barrett said.

AIST, ISA detail advocacy body to come of merger

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
A newly formed policy and advocacy body for profit-to-member superannuation funds will be launched by October, to create a cohesive voice for the sector. The Australian Institute of Superannuation Trustees (AIST) and Industry Super Australia (ISA) have ...

Industry high flyers join JANA board

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
Australia's largest investment consultancy, JANA has added two new independent directors to the board. Margie Seale brings a wealth of board experience from the corporate and financial services sector. She currently serves as a non-executive director ...

Spark adopts two fintechs

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... Arthur Kallos said the partnership with Oko Platforms will be key to the dealer fulfilling the sustainability pillar of the profit-for-purpose model. "There's an increasing desire for clients to work within sustainable value investments, and it's not ...

Financial advice firms profits jumps: Research

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... the period, business profitability increased significantly among self-licensed advisers, who mostly reported a boost in profit margins. Of this cohort, 41% saw growth in practice revenue in 2023, compared to 39% in 2022. Investment Trends head of research ...

Insignia Financial promotes two key staffers

ELIZABETH FRY  |  MONDAY, 4 SEP 2023
... three years at Warakirri Asset Management and four years at Invesco. Insignia Financial last week posted an underlying net profit of $191 million, down 15% on the previous year. The profit drop was the result of lower average funds under management and ...

Sequoia liquidates Libertas Financial Planning

KARREN VERGARA  |  FRIDAY, 1 SEP 2023
... revenues of $5.5 million in FY23, up 11% year on year. It made a $2.6 million loss after recording a $5.7 million after-tax profit in FY22. Over the year, it acquired a 20% stake in Euree Asset Management, and added Castle Corporate and Castle Legal ...