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Showing 1 - 9 of 9 results for "Rhombus Advisory"

MLC Expand targets time savings with new AI capabilities

MATTHEW WAI  |  THURSDAY, 16 OCT 2025
... over recent months by several licensees, including Shadforth Financial Group, Bridges Financial Services, and Rhombus Advisory. We worked closely with these practices to test, learn, and refine the functionality. Shadforth Financial Group chief executive ...

Insignia Financial back in the black

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... underlying profits were up 73% to $27 million. Much of this was due to operating expenses dropping after the Rhombus Advisory separation, though the group said these savings were offset by increases in salaries and adviser incentives over the period. ...

Insignia offloads IOOF Alliances to Entireti

KARREN VERGARA  |  TUESDAY, 12 AUG 2025
... known as Akumin Financial Planning. Last July, Insignia separated from its self-employed advice licensee business Rhombus Advisory but retained a 37% ownership. Rainmaker Information's assessment of the ASIC Financial Advisers Register shows that ...

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... the wealth manager has taken on in recent times, including the migration of MLC Wrap to Expand, the creation of Rhombus Advisory, and the several asset sales it conducted including Millennium3 and Godfrey Pembroke. The remediation costs included $70 ...

Insignia Financial flags more remediation ahead

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... Insignia Financial celebrates the separation of its self-employed adviser channel, with the official commencement of Rhombus Advisory this month. It retains a 37% stake in the business. Meantime, a further $23 million has been set aside to remediate ...

Insignia research, retirement income head to depart

JAMIE WILLIAMSON  |  FRIDAY, 24 MAY 2024
... been impacted as part of this change." The planned changes announced in July 2023 included the introduction of Rhombus Advisory and the return of much of Insignia's stake in Godfrey Pembroke to its advisers. Olsen has been in the role since April ...

FSC expands financial advice membership

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... advice sector by adding six licensees to its network of members. Count, Fortnum Private Wealth, Infocus, Otivo, Rhombus Advisory, and WT Financial Group have joined FSC's new initiative. This new model of engagement will see the licensees contribute ...

Insignia details transformation progress

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... growth and our desire to complete the remediation programmes," he said. Insignia said the establishment of the new Rhombus Advisory is progressing, with adviser sentiment positive. It is on-track for profitability and separation this time next year ...

Insignia Financial touts strong start to FY24, simplification

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... its key initiatives, its new advice services partnership model, is progressing well, Insignia said. Known as Rhombus Advisory, the model is expected to be implemented by July with advisers reportedly embracing the equity participation idea. Though, Insignia ...
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