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Showing 1 - 10 of 57 results for "Mark Bouris"

Advisers still unclear on referral rules

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
... start of the year has left many unclear on what kind of referrals are allowed. Amid news at the start of the year that Mark Bouris' Yellow Brick Road would exit wealth to focus on mortgages, a referral agreement that was part of the sale sparked debate. ...

YBR exits wealth, sells for $2.5 million

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
Mark Bouris' Yellow Brick Road is shuttering its wealth business to focus on mortgages, entering into a sale agreement for a sum of approximately $2.5 million. YBR Wealth's share of rights to the recurring revenue streams derived from its wealth advice ...

YBR to remediate wealth clients

KARREN VERGARA  |  FRIDAY, 30 AUG 2019
... FY19, the majority of which ($33.95m) came write downs of the wealth management and lending businesses. In May, chair Mark Bouris announced the wealth business restructure will result in job cuts; Frank Ganis stepped down as group chief executive to ...

Coolabah buys retail fund manager stake

KANIKA SOOD  |  THURSDAY, 11 JUL 2019
... plus, market-leading funds management business in their area of expertise in fixed interest," YBR executive chair Mark Bouris said. "However, given YBR's recent strategic pivot away from wealth management to focus on the mortgage market, it made sense ...

YBR overhauls wealth arm

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... Yellow Brick Road is restructuring its wealth business that will result in job cuts under the supervision of chair Mark Bouris. Its chief executive will also step down. YBR's board announced overnight it will commence to dispose, outsource or restructure ...

Ganis brings the changes at YBR

HARRISON WORLEY  |  MONDAY, 12 NOV 2018
... follow his appointment as YBR chief executive late last month. Commenting on Ganis' appointment, YBR executive chairman Mark Bouris said Ganis shares his vision around the firm launching its own securitised product. "I am very excited to have Frank Ganis ...

Wealth group announces new chief executive

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
... own self-funding securitisation program, which has been announced as a strategic objective from executive chairman Mark Bouris, YBR said. "I am very excited to have Frank Ganis join us as CEO. We are both great believers in the unrivalled quality of ...

YBR rejects 'opportunistic' takeover bid

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... bid to ASIC to acquire all ordinary shares of YBR for 9 cents per share. In a statement to the ASX, executive chair Mark Bouris responded saying the takeover bid is unsolicited and "materially undervalues the existing and future value of the company ...

YBR offloads legacy wealth subsidiary

JAMIE WILLIAMSON  |  TUESDAY, 26 JUN 2018
... upfront. The remainder is to be paid 12 months post-completion, adjusted depending on revenues. YBR executive chairman Mark Bouris said it is important that clients are provided with the best financial service possible, saying INPRO is in a better position ...

YBR appoints new general manager

ALEX BURKE  |  WEDNESDAY, 21 MAR 2018
... manager at Macquarie. His role at YBR will involve expanding on the group's franchisee network. YBR executive chair Mark Bouris said: "Our franchise network is the heart of the YBR brand, and we are committed to having great people driving it." "Glenn's ...
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