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Showing 1 - 10 of 935 results for "AFSL"

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI  |  FRIDAY, 5 JUN 2026
... closure of Count's restricted advice service, Merit Wealth, which operated under Count's Australian financial services licence (AFSL). As a result, Count no longer has restricted SMSF advisers. Financial Standard has reached out to Count for comment. ...

Otivo launches AI-powered financial advice

MATTHEW WAI  |  THURSDAY, 4 JUN 2026
... Australia's first licensed advice platform on mobile and operates under Otivo's Australian financial services licence (AFSL). It draws on the seven advice modules already available on its web version, Otivo said, delivering personalised advice ...

Centrepoint Alliance acquires two advice firms

KARREN VERGARA  |  MONDAY, 1 JUN 2026
... financial advice licence margin that Astute currently derives from Astute-aligned advisers operating under Centrepoint's AFSL. Centrepoint now operates five core business lines: licensee services, financial advice, investments, platforms and lending. ...

Marex Group expands structured products to HNWIs

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
... Group received approval by ASIC to distribute structured investment solutions to wholesale clients under its existing foreign AFSL earlier this month, in a move to fill the structured product adoption gap in Australia. While the group is not new to Australia ...

More advisers go self-licensed to avoid associative risks

MATTHEW WAI  |  THURSDAY, 28 MAY 2026
... utilisation of innovative solutions, he added. "The modern self-license firm is not simply a small business that happens to hold an AFSL... it is about building the right operating model, knowing what should sit inside the business and knowing what should ...

Bridgewest Ventures lands in Australia

KARREN VERGARA  |  MONDAY, 25 MAY 2026
Kiwi venture capital firm Bridgewest Ventures has scored an AFSL to expand in Australia, hoping to win over family offices, wealth advisers and institutional investors with a new fund. Founded in 2020, Bridgewest Venture invests in the sectors of life ...

Super fund-backed AFSL adviser numbers drop: Rainmaker

RIDDHIMA TALWANI  |  FRIDAY, 22 MAY 2026
Industry superannuation funds will continue to adopt a hybrid framework of advice, integrating digital and human channels, as the number of advisers under super funds owned AFSL's has declined progressively in the last five years. Rainmaker Information ...

ASIC bans property wealth coach operating without licence

RIDDHIMA TALWANI  |  MONDAY, 11 MAY 2026
... investment schemes (MIS) and carrying on a financial services business without an Australian financial services license (AFSL) for eight years. He invested the finances raised across 27 projects. Between November 2024 and August 2025, Giumelli was an ...

Fintech AUDC hires former UBS director, expands senior team

MICHELLE BALTAZAR  |  THURSDAY, 7 MAY 2026
... improve their services," said AUDC's chief executive officer, Effie Dimitropoulos. This year the group was granted an AFSL, which allows it to provide non-cash payment facilities and operate within Australia's financial regulatory framework. It said ...

Openmarkets makes private wealth play

JAMIE WILLIAMSON  |  TUESDAY, 5 MAY 2026
... Cahill Private Clients are some of the businesses now operating as corporate authorised representatives under the Openmarkets AFSL. The offering is described as a product-agnostic, turnkey AFSL solution and allows advisers to operate their own businesses ...
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