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Showing 41 - 50 of 76 results for "Advice groups"

Lose grandfathered commissions, lose business: MLC

KARREN VERGARA AND JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
... he concluded that switching the grandfathered commissions off would have resulted in "financial detriment" to the advice groups receiving this source of income. Hodge later turned to an email from Office of the Trustee and MLC Nominees' chief operating ...

Zenith hires former asset management chief

KARREN VERGARA  |  THURSDAY, 10 MAY 2018
... landscape. He will add significant firepower to our advice-based relationship approach with dealer groups, Smythe said. "Advice groups are seeking time-saving solutions that can also offer their clients performance, transparency and robust compliance. ...

Insto licensees still bleeding talent

ALEX BURKE  |  WEDNESDAY, 18 APR 2018
... a result of this, the proportion of advisers associated with non-aligned licensees increased to 36%. The big-six advice groups - that is, the big four plus IOOF and AMP - saw their adviser numbers fall by 6% to 9205. Of that cohort, only IOOF saw an ...

Managed accounts climb to $57bn

ALEX DUNNIN  |  TUESDAY, 27 MAR 2018
... offer MDAs of which IMAP estimates 80 are already doing. Research by Rainmaker published last year revealed these advice groups represent one-third of all licensed financial advisers. "ASIC has created [through MDAs] quite flexible tools. They are one ...

HNWI growth outpacing super: Research

ALEX BURKE  |  WEDNESDAY, 17 JAN 2018
... invested through Australia's wealth management industry. "No surprise, then, that so many investment managers and advice groups profess a desire to reach this market," Rainmaker said. "HNWIs are unlikely to be much interested in standard investment and ...

Synchron adds to adviser network

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2017
... capturing 64% of the market. Synchron, Dover, GPS Wealth, Merit and Interprac are the five largest non-institutional advice groups with 1562 advisers, up 39% year-on-year. Non-institutionally aligned advisers grew 34% through the year, compared to the ...

Misperception of independence jeopardising trust

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2017
... which planners provide independent financial advice, Roy Morgan suggests. Many consumers view institutionally-owned advice groups with different branding to their parent company as independent, while almost a quarter of consumers considered a planner ...

Game theory revolutionises risk profiling

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2017
... gamification of risk profiling is rising in Australia with the launch of a platform already being used by several advice groups. United States-based behavioural economics, decision science and financial technology firm Capital Preferences has developed ...

Research house and advice group partner

JAMIE WILLIAMSON  |  TUESDAY, 10 OCT 2017
A new partnership will now see one of Australia's largest non-institutionally owned financial advice groups receive investment research and consulting services from Lonsec Research. Lonsec's iRate platform will be rolled out to advisers licensed by ...

Listed advice groups gaining ground

KARREN VERGARA  |  MONDAY, 6 MAR 2017
... institutions are challenged to address set backs across respective wealth and advice businesses, several listed advice groups have shown they are on to a winning model. Growth for Centrepoint Alliance's wealth division is accelerating and reaping the ...