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Showing 61 - 70 of 334 results for "Advice firms"

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... retirement. It outlined areas where it expects firms and advisers to raise standards. Review findings The FCA found not all advice firms are effectively considering sustainability of income withdrawal in retirement, saying many do not use cashflow modelling ...

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... The latest Advice practice acquisition, sale & valuation guide from Centurion Market Makers highlights the struggle advice firms face in servicing clients that pay fees of $3000 per annum. Clients that pay less than this amount tend to detract from the ...

Coastal Advice Group merges with Compass Financial Management

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... it has plans to continue growing its offering and is pursuing further M&A opportunities with compatible financial advice firms along the Australian coastline.

Dirigere Advisory rebrands to Intelligent Planning

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... manager in the process. Intelligent Planning was launched on January 15 and operates under the same Dirigere AFSL. Advice firms partnered with Intelligent Planning include Beta Advice, Canberra-based Hayes & Co, and Perth-based NOR Financial. Matthew ...

Advice firms must scale up to meet demand: AZ NGA

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
... currently do. AZ NGA said this underscores the immediate need for a significant and transformative change. To do this, advice firms need to get significantly bigger to make decent margins, compete effectively, and meet the demand for good advice. Despite ...

FCA mulls capital requirements for firms giving bad advice

ANDREW MCKEAN  |  THURSDAY, 30 NOV 2023
... to see a "thriving financial advice market," ensuring consumers have access to support from financially resilient advice firms. "Diligent advisers are having to compensate through the levy for the bad advice of their failed competitors. That needs to ...

Paraplanners unfazed by QAR, AI: Survey

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
... outcome, as 37% felt that these changes might service the industry better than the clients themselves. Financial advice firms appear to be increasingly using paraplanners for a broader range of responsibilities beyond writing SoAs. Some 41% aspire to ...

Wealth firm awards CFS Edge mandate

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... its own AFSL. ICS offers asset management, portfolio management, digital tools, and fixed income solutions to other advice firms. In line with the launch of ICS, Viridian has also launched individually managed accounts (IMAs).

Will HNW firms re-enter retail advice?

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
Two major high-net-worth financial advice firms laud the Quality of Advice Review's promises of drastically reduced scrutiny and red tape but have stopped short of saying that they will re-enter the retail client space. JBWere Australia began exiting ...

High-performing firms reveal strategies behind success

KARREN VERGARA  |  FRIDAY, 27 OCT 2023
The success behind high-performing financial advice firms is largely driven by their ability to operate strategically with discipline and help advisers focus on servicing clients' needs, a new analysis shows. A study by Macquarie Business Banking and ...