Count formalises move on Lonsdale
Count Financial has moved to acquire Lonsdale Financial Group.
Count announced an indicative offer to acquire Lonsdale in an announcement released on the Australian Stock Exchange (ASX) today.
The ASX statement said that Count regarded Lonsdale as a quality, long-established and largely accounting-based group that would extend Count’s coverage of the independent accounting and financial planning profession.
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.