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
Insignia Financial has issued a statement to the ASX regarding a potential bid from a third global private equity business to acquire the firm.
More than 30 advisers fell off the FAR during the Christmas and New Year period, according to Wealth Data, with half of these coming from licensee giant Entireti.
With next-generation heirs unlikely to retain their family’s financial advisers after receiving an inheritance, Capgemini has explored how firms can work with younger generations to maintain a relationship.
The use of technology and data analytics will be a way for advice firms to grow in 2025, according to Adviser Ratings, with those who are using it successfully reporting 10 per cent higher profit margins.
