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Showing 901 - 910 of 3363 results for "Wealth management"

Advice firm partners with mortgage aggregator

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... out businesses that look to lead the next generation of financial services and who embrace the combination of wealth management and mortgage broking," Loan Market chair Sam White said. "I believe Encore Advisory Group have the deepest experience in the ...

Wealth manager takes massive profit hit

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
... disruption due to COVID-19. The wealth manager reported an underlying profit for all businesses, including Australian wealth management, AMP Bank, AMP Capital and New Zealand wealth management, of $140-150 million. For the same corresponding period last ...

Super to lose $3tn by 2040

JAMIE WILLIAMSON  |  FRIDAY, 24 JUL 2020
... in proportional terms is a transition that could fundamentally reset Australia's superannuation sector, wealth management and financial advice marketplace," Dunnin said. "We are already seeing this playout with these sectors working hard to become ...

European robo-adviser eyes Australia, taps Westpac exec

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... automated reporting solution) and Robo Advisor offerings. With major structural shifts underway in the Australian wealth management industry, Smith believes the industry is ripe for (digital) disruption. "Clearly automated advice in Australia has been ...

PSK acquires wealth firm

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
Financial advice firm PSK Financial Services has acquired Sydney-based Socius Wealth Management as part of its growth plans. Socius founder and partner John D'Alessandri said that completing the acquisition amid COVID-19 was challenging. "What became ...

Almost 2000 advisers gone so far in 2020

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
... to 279, with 71 exiting in the last six months. Meanwhile, GWM lost 49 and Meritum lost 17. Yellow Brick Road Wealth Management, which was sold to Sequoia at the start of the year, and Elders, which is being wound down shed virtually all their advisers. ...

Six Park eyes advisers, appoints head

KANIKA SOOD  |  MONDAY, 20 JUL 2020
... AustralianSuper, BT Financial Group, Westpac and Mariner Funds Management. "More and more adviser groups and wealth management firms are seeking efficient ways to implement digital investment solutions, so the timing of Ms Ford's appointment is crucial," ...

FSC appoints four to board

ALLY SELBY  |  MONDAY, 20 JUL 2020
... managing director Elizabeth Hastilow have been appointed to the FSC board. The board is made up of the country's wealth management business leaders, including MLC Wealth chief executive Geoff Lloyd, Mercer chief executive David Bryant, TAL Group chief ...

Aussie banks set to underperform

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... unlikely that they'll need to come to the market." He also does not believe the big four's exit from wealth management will impact dividends in the future. "It's irrelevant; these businesses are tiny in terms of their profit contribution," ...

Optimism, resilience high on the recruitment checklist

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... recruiter Super Recruiters, who argue a second wave of COVID-19 will bring with it a raft of challenges for the wealth management industry. "As wealth management industry roles become increasingly scarce and sought after by a rising labour pool, the ...