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Showing 61 - 70 of 296 results for "New clients"

Citi scores custody mandate

KARREN VERGARA  |  MONDAY, 8 NOV 2021
... parent company Royal Bank of Canada's decision in 2019. Citi's custody and fund services business added 24 new clients in the past 18 months, the majority of which are clients transferring from the Royal Bank of Canada. Head of markets and securities ...

FSC advice reforms slash time, costs by 30%

KARREN VERGARA  |  TUESDAY, 12 OCT 2021
... the Letter of Advice would help reduce overall costs by 17%. Further, adopting the changes could potentially add 44 new clients to practices per year. The findings form part of the FSC's latest research the White paper on financial advice. The FSC ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... number of funds it administered grew from 1078 in FY20 to 1416 in FY21. Some smaller funds exited but were offset by new clients, the firm said. Its total global clients now stand at 380, an increase of 350 from FY20. Majority of the $65.6 million revenue ...

Walsh Capital signs four fund managers

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... Future Generation chief executive Louise Walsh, who started her own fund marketing business last month, has signed four new clients. Walsh Capital will raise funds and manage investor engagement for five new funds: Contact Asset Management's Australian ...

Netwealth boosts profit

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
... Netwealth expects net inflows to reach $10 billion in FY22 based on its current pipeline, existing clients and growth in new clients. "The major banks are exiting or have exited financial advice and the largest platforms have experienced prolonged and ...

Six Park lowers minimum investment to $2k

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 AUG 2021
... under $5000 will pay $6.25 in fees per month. Six Park is also offering three months without management fees to all new clients, including clients of partners, until October 31. Six Park chief executive Pat Garrett said he wants to see those with smaller ...

Former Millennium3 representatives cop ban

KARREN VERGARA  |  TUESDAY, 3 AUG 2021
... and monitor the practice or had a proper due diligence process when purchasing NCFS's client book. When NCFS took on new clients in May 2015, ASIC found neither Parry nor Price took sufficient steps to identify the services these clients required. This ...

Perpetual AUM rises

ANNABELLE DICKSON  |  FRIDAY, 23 JUL 2021
... dropped 2% to $922.8 billion. "PCT continues to outperform expectations, winning new business from both existing and new clients in a dynamic market environment. PCT FUA fell marginally during the period due primarily to a drop in Bank RMBS issuance," ...

Mainstream bidding war over

ANNABELLE DICKSON  |  MONDAY, 28 JUN 2021
... from the previous quarter. The administrator currently has 348 clients and 1042 funds at March end, up 1% (five net new clients) and 13% (162 net new funds) respectively from the December quarter. Apex Group delivers a broad range of solutions to asset ...

SS&C hits back for Mainstream

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
... from the previous quarter. The administrator currently has 348 clients and 1042 funds at March end, up 1% (five net new clients) and 13% (162 net new funds) respectively from the December quarter. "We are delighted with this result. It is beyond our ...