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

Search Results

Showing 951 - 960 of 3401 results for "Revenue"

Clime partners with asset consultant

ANNABELLE DICKSON  |  THURSDAY, 8 OCT 2020
... acquired Madison Financial Group which has 100 advisers with $3 billion in funds under advice and around $34 million in gross revenue.

Superhero sets eyes on managed accounts

ALLY SELBY  |  WEDNESDAY, 7 OCT 2020
... that Superhero can absorb the marginal costs of the ETF brokerage fees across the business, with the platform deriving revenue from share trading brokerage and subscription fees instead. Currently, the platform's customers are enjoying the benefits ...

Super reforms modest negative for AMP, IOOF: Credit Suisse

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... members to accounts, to stop mushrooming of superannuation accounts. This will be a "net negative" for Link Group whose revenue is linked to number (and not balanced) of accounts as number of accounts shrink, Credit Suisse said. However, it will also ...

Frydenberg focusses on jobs, jobs, jobs

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... of the year. The economic response to COVID-19 was the most expensive item in the budget at $88.4 billion followed by revenue assistance to states and territories at $61 billion and then two social security measures - income support for seniors was estimated ...

Will Janus Henderson and Invesco merge?

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... according to Credit Suisse. Janus Henderson would account for 20% of the AUM but about 35% of the profit (as it has higher revenue margins) and about 40-45% of the merged market cap (as it has a higher P/E), Credit Suisse said. "The Janus and Henderson ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... believes the negative pressure on super inflows and margin compression will likely constrain the group's profitability and revenue generation going forward. "While AMP's transformation project should ultimately reduce costs and improve efficiency, the ...

Clime names new chair

ANNABELLE DICKSON  |  FRIDAY, 2 OCT 2020
... after 12 months. Madison has about 100 advisers with $3 billion in funds under advice and around $34 million in gross revenue.

Waislitz pokes holes in OneVue bid

KANIKA SOOD  |  THURSDAY, 1 OCT 2020
... retained franking credits which will be lost to existing investors. And the all-cash bid, which corners them out of potential revenue and cost saving synergies. "In Thorney's view, OneVue shareholders will be better off in the medium term by also voting ...

New boutique strikes partnership

KANIKA SOOD  |  THURSDAY, 1 OCT 2020
A boutique set up by a former Ellerston Capital investment analyst is teaming up with Sydney's LSL Partners under a revenue share arrangement. Coterie Capital was formed by Daniel Pi, who worked on Ellerston's investment team. It is starting with an ...

CountPlus member firm makes acquisition

ANNABELLE DICKSON  |  THURSDAY, 1 OCT 2020
CountPlus has continued its goal to generate scale with one of its member firms completing a tuck-in acquisition of a separate member firm. Brisbane-based Cooper Reeves has acquired the financial advice services of CBD Wealth Solutions. Key members ...