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Showing 1 - 10 of 3274 results for "Acquisition"

How to win in today's wealth management industry: EY

ANDREW MCKEAN  |  WEDNESDAY, 24 APR 2024
... personalisation." "Firms that can clear that bar and differentiate themselves strongly will benefit in terms of client acquisition, development, and retention," the report said. "The challenge is to deliver exceptional tailoring to high-net-worth clients ...

Sequoia chair steps down

KARREN VERGARA  |  FRIDAY, 19 APR 2024
... light of the claims Sequoia has raised against Mr McGowen." On February 6, Sequoia sued McGowen in relation to its acquisition of Informed Investor from the latter and others pursuant to a share purchase deed dated 29 March 2022. "Sequoia alleges that ...

Adviser numbers plateau

KARREN VERGARA  |  THURSDAY, 18 APR 2024
The number of financial advisers in Australia appears to be stabilising at 15,602, as Count and AMP Financial Planning continue to hold the lion's share. Rainmaker's analysis of the ASIC Financial Adviser Register (FAR) shows that the population ...

Praemium loses $700m due to adviser transitions

ELIZA BAVIN  |  THURSDAY, 18 APR 2024
... $53.3 billion and the addition of OneVue Platform FUA of $4.1 billion brought total Platform FUA to $28.4 billion. The acquisition of the OneVue Wealth Platform from Iress was completed on April 15. "The addition of this new FUA is underpinned by long-term ...

Government introduces company merger overhaul

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
Australia's merger rules will be reformed in a bid to boost competition and productivity in the economy. Treasurer Jim Chalmers and assistant minister for competition, charities, and treasury Andrew Leigh jointly stated that mergers will be approved ...

Regal shutters East Point AM

KARREN VERGARA  |  TUESDAY, 9 APR 2024
One year since post-acquisition, Regal Partners has shuttered East Point Asset Management (EPAM) following a period of "challenging performance" and the exit of a seed investor. Regal acquired the Hong Kong-based alternative fund manager last year. ...

Count completes Solutions Centric deal, reconsiders another

JAMIE WILLIAMSON  |  TUESDAY, 9 APR 2024
Count has finalised the acquisition of Solutions Centric, but flagged another of its recently announced deals isn't going to plan. The group's acquisition of 51% of Solutions Centric was effective on Friday, April 5. It first announced the deal on February ...

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... Australian Prudential Regulation Authority (APRA) and the Reserve Bank of New Zealand (RBNZ) for Heartland Bank's acquisition of Challenger Bank. Heartland said, subject to final regulatory approvals, it expects the acquisition to be complete on 30 April ...

Suncorp sells NZ life business to Resolution Life

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... group's commitment to the Australasian market and success in the region since its entry in 2020, citing the recent acquisition of AIA Australia's super and investments arm. "Our growth is predominantly through the acquisition of in-force portfolios of ...

Fund managers prepare for harsher penalties

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... had invested in new technology to help with their compliance, but 55% said they had decided against making a major acquisition or investment because of regulatory concerns, and 53% had closed a division or part of their business because of regulatory ...
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