ClearView denies sale talk
ClearView Wealth Limited has denied a media report that it is currently exploring sales alterantives.
The company issued statement to the Australian Securities Exchange (ASX) yesterday in which its managing director, Simon Swanson said that while the company often engaged in "market and industry discussion with strategic parties as part of its overall business planning", it had not received a proposal from any potential parties.
He said the ClearView board would continue to keep shareholders informed.
Recommended for you
Sequoia Financial Group has announced it is selling off its Informed Investor subsidiary which it acquired in April 2022.
Wealth Data has examined which advice business model has seen the most growth since the start of the year including those that offer holistic advice.
Research conducted by Elixir Consulting and Lonsec has quantified the efficiency gains of using managed accounts in financial advice practices in hours per week saved.
With only one-quarter of advice practices actively seeking feedback from clients, the Financial Advice Association Australia has emphasised why this is a critical tool for client retention.
