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Showing 61 - 70 of 658 results for "Rainmaker information"

Morgans Financial crowned largest licensee

KARREN VERGARA  |  WEDNESDAY, 8 JAN 2025
... advisers at the end of 2024, while AMP FP had 426. On December 20, both AFSLs had 430 registered advisers, Rainmaker Information modelling of the ASIC Financial Advisers Register shows. Alliance Wealth's 367 advisers rounds up the top three largest ...

Growth performance of Australia's top investment managers

ANDREW MCKEAN  |  WEDNESDAY, 18 DEC 2024
... under management (FUM) perspective ($15.4 billion) - however, there's more to the picture. According to Rainmaker Information, measuring the growth of ETP managers depends on numerous factors, such as size, net flows, market returns, changes in fees ...

FAAA moves to combat adviser shortage with new partnership

ANDREW MCKEAN  |  TUESDAY, 5 NOV 2024
... has since experienced a dramatic collapse, casting doubt over its long-term sustainability. Last month, Rainmaker Information executive director of research Aman Ramrakha warned that without bold policy intervention, the industry may struggle to ever ...

Industry fund merger finalised; seven board exits confirmed

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
... retain their roles. Simon Reiter was named chief technology officer, joining from Cbus Property. According to Rainmaker Information, CareSuper's default balanced option has delivered a 7.3% annual return over the decade to September 30. Similarly, Spirit ...

Cbus implements senior redundancies

ANDREW MCKEAN  |  THURSDAY, 31 OCT 2024
... being said, Cbus' default growth option has performed reasonably well over the long term. According to Rainmaker Information, it has returned 7.7% per annum over the past 10 years to September 30.

Active managers find no saviour in dual access products

ANDREW MCKEAN  |  TUESDAY, 29 OCT 2024
... exchange-traded products (ETPs) will be a saviour - or at least a tailwind for their businesses - research from Rainmaker Information paints a far less promising picture. The research, which examined dual access products listed before June 2023, found ...

Medium-sized advice firms flourish: Research

KARREN VERGARA  |  THURSDAY, 24 OCT 2024
Financial advice firms with 51 to 100 advisers are the fastest-growing cohort in the past year, new Rainmaker Information research shows. This group saw adviser numbers increase in aggregate by 8% in the 12 months to September. Conversely, groups with ...

Mandate appointments sink to new lows

ANDREW MCKEAN  |  THURSDAY, 17 OCT 2024
... not-for-profit (NFP) super funds and investment managers has spiralled into freefall, according to the latest Rainmaker Information research. NFP super funds and investment managers made 76 mandate appointments in the year to June 2024, 51% fewer than ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... performance fee charged by some. In 2021, Australians paid over $32 billion in fees to super funds, according to Rainmaker Information. "Regulatory guidance exists for disclosure documents or a fund's MySuper dashboard, but when it comes to how fees ...

Australian investment market moves onward and upward

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
... its upward climb, reaching $3.4 trillion by the end of June, recording annual growth of 8.8%, according to Rainmaker Information. Consolidated assets, which represent headline funds under management (FUM) minus funds managed on a sub-advisory basis ...