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Showing 1 - 10 of 27 results for "Finfluencer"

ETFs dominate client portfolios: Study

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
Exchange-traded funds (ETFs) are dominating client portfolios as nine out of 10 financial advisers continue to recommend them to clients, a new study shows. The 2024 Trends in Investing report reveals that more than 60% of advisers will up clients' ...

Financial Conduct Authority cracks down on finfluencers, firms

KARREN VERGARA  |  THURSDAY, 28 MAR 2024
... balance and carry the right risk warnings for consumers to make well-informed financial decisions. The FCA defines a finfluencer as someone who is "promoting the services of a firm on a social media platform in a bid to acquire more views and attention ...

'ASX Wolf' Tyson Scholz bankrupt in ASIC crackdown

ANDREW MCKEAN  |  FRIDAY, 1 MAR 2024
ASIC has secured sequestration orders against finfluencer Tyson Scholz, the self-proclaimed 'ASX Wolf,' effectively declaring him bankrupt. The corporate regulator sought sequestration orders against Scholz for not paying Federal Court-mandated costs ...

Court finds Canna Campbell infringed trademark

KARREN VERGARA  |  MONDAY, 8 JAN 2024
Financial adviser and finfluencer Canna Campbell was found guilty of infringing the trademark "Financial Foreplay" in her podcasts. The Federal Circuit and Family Court of Australia determined that the founder of SugarMamma TV and SASS Financial used ...

ASIC takes action on EverBlu, director

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... EverBlu's personal dealing policy, to trade in Creso shares. This included lending Tyson Scholz or the ASX Wolf, a former finfluencer and EverBlu client, more than $7 million and another client more than $5 million. In April, the Federal Court permanently ...

Young investors fall prey to bad social media advice

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
Over one third (34%) of investors have acted on financial information seen online or on social media that ended up being misleading or factually incorrect, a new survey reveals. According to US insurance and financial services firm Nationwide, investors ...

ASX-listed firms partner for financial education

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
TIP Group and Clime Investment Management have joined forces to provide a financial education program that utilises the expertise of financial advisers. The two ASX-listed firms launched My Financial Fitness, which provides subscribers with online content ...

Finfluencers bridge financial advice gap

KARREN VERGARA  |  THURSDAY, 18 MAY 2023
... media?" As a result, content has become paramount to the firm's operations. "We can either amplify our content or [the finfluencer's] content. We collaborate in a sense that one plus one becomes three. [Recently,] in our studio, we had Queenie, Victoria ...

Young, millionaire investors challenge stereotypes: Data

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
New research shows young investors are buying and holdings stocks more than their older counterparts, despite the current environment. During the quarter, ending March 31, younger investors were the highest adopters of a buy-and-hold strategy compared ...

Finfluencer receives jail sentence

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
A finfluencer who used social media to manipulate the share price of 20 different listed stocks was handed jail time and a $40,000 fine. Gabriel Govinda, known online as Fibonarchery, received two and a half years imprisonment for market manipulation ...
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