Investment platforms shift their focus
Investment platforms are shifting their focus away from consolidation towards developing and upgrading their products, particularly in relation to their technology infrastructure. Meanwhile, Shadforth Financial Service's Charles Badenach was named Money Management's Financial Planner of the Year at the Financial Planning Association national conference. This and more in the latest online edition of Money Management.
Recommended for you
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.
A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”.
Despite reporting strong quarterly results, Morningstar forecasts initial tailwinds benefiting the platform in recent years are likely to fall away for HUB24 in the next financial year.
