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Showing 1 - 10 of 13 results for "Ferras Merhi"

Another former Venture Egg adviser slapped with four-year ban

MATTHEW WAI  |  TUESDAY, 31 MAR 2026
A Victorian financial adviser, who was supervised by Ferras Merhi of United Financial Advice and Ferras Merhi Pty Ltd (Venture Egg), has been banned for four years over inappropriate advice and deceptive conduct, including impersonating other advisers. ...

Interprac sued over Shield, First Guardian failures

JAMIE WILLIAMSON  |  THURSDAY, 13 NOV 2025
... $677 million into the Shield Master Fund and First Guardian Master Fund. Of these, Venture Egg and its principal Ferras Merhi advised 2930 clients to invest a total of $243 million in First Guardian and 2664 clients to invest a combined $173 million ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
Venture Egg financial adviser Ferras Merhi has been banned from working in financial services after ASIC successfully obtained interim restraining orders from the Federal Court. Yesterday, Justice Moshinsky restrained Merhi "through his servants, agents ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... financial advisers are within ASIC's crosshairs. For example, principal and financial adviser of Venture Egg, Ferras Merhi is under investigation after he and his advisers invested about $296 million of their clients' super into First Guardian ...

ASIC chair calls it quits

KARREN VERGARA  |  FRIDAY, 19 SEP 2025
... in investors' money. ASIC has since banned several financial advisers and frozen assets of directors, such as Ferras Merhi. "We have doubled the number of new financial advice-related investigations commenced since last year, and almost doubled the ...

InterPrac wants super funds' reserves to remediate Shield, First Guardian victims

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... every client that has been exposed to these investments," he added. Venture Egg Financial Services and its principal Ferras Merhi, and Reilly Financial were authorised representatives of InterPrac. Last week, ASIC added allegations against Merhi, claiming ...

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
ASIC has heaped more allegations against former financial adviser Ferras Merhi, claiming he engaged in "unconscionable conduct" related to the First Guardian Master Fund and Shield Master Fund that has put more than $520 million on the line. ASIC said ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... formed on the merits of any complaint," the firm said. In February, the Federal Court acted against Osama Saad and Ferras Merhi over their potential involvement. Financial adviser Merhi was licensed through InterPrac and is the director of Venture Egg ...

Sequoia resumes trading after ASX query

ELIZA BAVIN  |  WEDNESDAY, 30 JUL 2025
... ongoing investigations into the Shield and First Guardian funds as Venture Egg Financial Services and its principal Ferras Merhi were authorised representatives of InterPrac. ASIC said certain authorised representatives of Venture Egg provided personal ...

ASIC cancels Financial Services Group Australia's AFSL

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... FSGA's responsible manager (RM) Graham Holmes has also been permanently banned from working in the industry. Ferras Merhi was the sole director of FSGA from 10 February 2021 to 30 May 2025. He is also the director of Venture Egg Financial Services ...
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