Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 71 - 80 of 356 results for "Wealth Management business"

UK wealth firm eyes Aussie expansion

JAMIE WILLIAMSON  |  THURSDAY, 13 JAN 2022
... markets, and the firm sees growth coming out of all of those areas," he said. "The reason we think the wealth management business is going to be faster growing than financial services overall is the growth of wealth coming from emerging market countr ...

AMP flags $325m performance hit

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... and related to legacy issues. In its September quarter update, the group reported mixed results. The wealth management business saw $1.4 billion in outflows while the North platform swelled by $1.7 billion. Wealth management assets under management stayed ...

Morningstar appoints head of business development

CHLOE WALKER  |  THURSDAY, 25 NOV 2021
... knowledge of advice and the needs of advisers. Prior to this role, Bryant held executive roles in the wealth management business at Commonwealth Bank and The Trust Company. Morningstar managing director Jamie Wickham said he was looking forward to Bryant ...

AMP reports mixed quarter

JAMIE WILLIAMSON  |  THURSDAY, 21 OCT 2021
AMP's wealth management business saw $1.4 billion in outflows last quarter and AMP Capital's assets dropped by $7 billion; however, its North platform swelled by $1.7 billion. Providing a quarterly update to the ASX this morning, AMP said improved ...

TPT Wealth builds out team

ANNABELLE DICKSON  |  MONDAY, 11 OCT 2021
The trustee and wealth management business of MyState Group appointed two senior managers as it aims to grow its funds under management. Joe Youssef joined as senior manager, wholesale and Trev McCallum has taken on the role of senior manager, wholesale ...

ClearView kicks off strategic review

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
... private label platform from Colonial First State to HUB24 as it looked to simplify and digitise its wealth management business.

ClearView offloads advice unit

KARREN VERGARA  |  WEDNESDAY, 25 AUG 2021
ClearView is divesting its financial advice business for $15.2 million to another ASX-listed firm. Centrepoint Alliance will acquire ClearView subsidiaries ClearView Financial Advice (CFA), Matrix Planning Solutions and LaVista Licensee Solutions. The ...

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... $1.08 yesterday and traded at $1.10 mid-morning upon the results announcement. AMP Capital and the wealth management business overshadowed the latest results, reporting underlying NPAT of $61 million (-19% yoy) and $58 million (-17% yoy) respectively. ...

NAB to buy Citigroup's Australian consumer banking business

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
... billion in unsecured lending) and deposits of about $9 billion. The transaction includes Citi's private wealth management business. "NAB has recently completed the sale of its MLC Wealth Business to IOOF with its retained wealth businesses focused on ...

Goldman Sachs hires for family office offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 AUG 2021
... ultra-high net worth individuals. Chris Kavanagh and Aaron Shirley have been appointed to lead private wealth management business for Goldman Sachs in Australia. Both are Australian but are returning home after careers overseas. Shirley has been with ...