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Showing 1 - 10 of 23 results for "OpenInvest"

Pinnacle affiliates push FUM to $100bn

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... affiliates contributed $12.3 million to NPAT. Pinnacle also announced that it wrote down $3.4 million for its stake in OpenInvest. The current valuation is now only about $200,000. In 2021, Pinnacle made a $3 million cornerstone investment in OpenInvest. ...

Pinnacle collects large performance fees, writes down OpenInvest

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... $41.9 million in performance fees, Pinnacle Investment Management said several detractors, such as a write down of OpenInvest, could dampen its half-year results. In a 2024 half-year reporting update, the ASX-listed firm said it is owed about $12.3 million ...

hmh Advisory launches online platform

CASSANDRA BALDINI  |  FRIDAY, 8 SEP 2023
... investment committee, it said. Each portfolio requires a minimum of $5000 and is being launched in partnership with OpenInvest. The firm said the solution looks to meet the needs of two specific audiences. Firstly, accounting clients of the firm who ...

Life Sherpa rolls out investment solution

JAMIE WILLIAMSON  |  THURSDAY, 7 SEP 2023
Hybrid advice provider Life Sherpa is partnering with OpenInvest to offer a low-cost managed investment portfolio solution for clients with low balances. With a minimum investment of $5000, the offering comprises four diversified portfolios with a range ...

Dealer group adopts profit-for-purpose model

CHLOE WALKER  |  THURSDAY, 29 JUN 2023
... contributions to the common good." In April, Spark Financial Group launched a digital investing solution in conjunction with OpenInvest. At the time, Spark Financial Group chief executive and founder Arthur Kallos said all profits from its management ...

Pascoe Partners, OpenInvest launch online investing solution

CASSANDRA BALDINI  |  WEDNESDAY, 14 JUN 2023
... Pascoe Partners Invest allows this cohort to open their investing account in five minutes, directly from our website." OpenInvest head of distribution Ravi Verma commented that the platform is proud of the partnership, given the shrinking pool of financial ...

Spark Financial Group launches digital investing solution

CASSANDRA BALDINI  |  WEDNESDAY, 5 APR 2023
... Invest as an advised product." Spark Invest has been developed in conjunction with Melbourne-based investment platform, OpenInvest, its chief executive and co-founder Andrew Varlamos echoed Kallos' comments. "Passionate, mission-driven licensees like ...

Advice firm launches Sharia-compliant platform

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... The portfolio is managed by Lifespan Financial Planning's investment committee, while the solution is underpinned by OpenInvest. Meezan Wealth Management founding director Rokibul Islam explained the solution was established in response to demand from ...

Fintech predictions for 2023: Finura

CASSANDRA BALDINI  |  TUESDAY, 31 JAN 2023
... software providers will "double down" in this space to sure up broader superannuation fund tech partnerships. "In 2021, OpenInvest took on investment from Pinnacle Investment Management. In 2023, we expect to see emerging companies Ignition Advice, Six ...

AZ Sestante launches digital investing solution

CASSANDRA BALDINI  |  MONDAY, 15 AUG 2022
... investment to get started is only $25,000." Sestante Invest is underpinned by Melbourne-based fintech investment platform OpenInvest. The company's chief executive and co-founder Andrew Varlamos said the firm is proud to be partnering with the team at ...
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