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Showing 811 - 820 of 3401 results for "Revenue"

PEXA to IPO in June

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
... PEXA's transaction volumes grew 28% to 1.53 million compared to the prior corresponding period. PEXA made $99.3 million in revenue, up 27% year on year, which was due to the impact of the pandemic shifting conveyancing to the online platform.

Victoria Devine launches investing platform

ELIZABETH MCARTHUR  |  MONDAY, 24 MAY 2021
... to 0.4% up to $499,999 and 0.3% on balances over $500,000. Devine and She's on the Money will make a percentage of the revenue Six Park earns from the new branded platform. A spokesperson said they could not disclose that percentage. "We're very careful ...

Platform cuts fees

ELIZABETH MCARTHUR  |  MONDAY, 24 MAY 2021
... fees. Hence the newer investment platforms like WealthO2 that don't rely on cash fees, MER uplift or SMA fees for revenue, can lower the overall cost to the client even further," Bernasconi said.

Advisers filter clients via ethical lens

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... Financial Planning National Conference that some advisers are facing the dilemma of having to let go of clients and therefore revenue because values simply do not align. In some instances, clients were untruthful and would not be open and transparent ...

Aussie charities robust prior to COVID

KARREN VERGARA  |  WEDNESDAY, 19 MAY 2021
... government continues to be the biggest funder of charities, contributing nearly half (47%) or $78.1 billion to the sector's revenue. Donations mostly went to the general community in Australia via the work of religious charities. The next beneficiaries ...

Female CFPs more invested in financial planning

KARREN VERGARA  |  FRIDAY, 14 MAY 2021
... qualified CFPs (35%). "Female CFP professionals are as likely as their male colleagues to generate the majority of practice revenue (68%) from fee-based investment management. This investment management style indicates that they are primarily working ...

AMP loses default KiwiSaver mandate

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... provider. "Our current default portfolio represents less than 7% of our total assets under management and around 3.5% of total revenue so this decision doesn't have a major impact on our business or our commitment to KiwiSaver," he said. "We continue ...

AMP trims platform fees

KANIKA SOOD  |  THURSDAY, 6 MAY 2021
... $114 million in FY20, an increase from net outflows of $33 million in the previous financial year. However, the AUM-based revenue margin for the platform business came down from 61bps to 56bps in the two years. AMP said the margin drop of 5bps came from ...

CountPlus firm finalises merger

ANNABELLE DICKSON  |  THURSDAY, 6 MAY 2021
... 4Front. CountPlus will sell its Cooper Reeves shares in exchange for shares in 4Front. The new firm is expected to double revenue to $9 million as well as its staff base to 53 employees. 4Front partner Drue Schofield will be the managing director of ...

Advice group chief executive exits

KANIKA SOOD  |  FRIDAY, 30 APR 2021
... executive of Shadforth Financial Group, and a general manager at Perpetual. Centrepoint Alliance reported December half gross revenue of $70.6 million (up 15% over previous corresponding period) and net profit after tax of $1.6 million which was a slight ...