Federated Hermes makes Aussie distribution hire

Federated-Hermes/distribution/hires/APAC/

Federated Hermes has expanded its Australian and APAC distribution team with a newly created role.

AUTHOR

New advice entrants surpass 100 in FYTD

Wealth-Data/new-entrants/financial-advisers/amp/

More than 100 new entrants have joined the financial advice profession so far in FY25, according to Wealth Data analysis, while AMP’s exit from advice will create a licensee shake-up.

AUTHOR

Monthly outflows persist at Platinum

Platinum/Platinum-Asset-Management/Funds-management/

Platinum Asset Management has shared its latest monthly update amid its turnaround strategy, with outflows continuing to impact its FUM.

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The Principals’ Community joins forces with SuperConcepts

SuperConcepts/self-licensing/

The Principals’ Community has enhanced its value proposition by partnering with SuperConcepts, enabling its self-licensed advice practices to utilise the SMSF software.

AUTHOR

Expand platform doubles SMAs

mlc/insignia-financial/managed-accounts/

Wrap platform Expand has announced it has doubled the number of separately managed accounts available for advisers, with five new investment managers added.

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AMP’s George details historic decision to exit advice

amp/Alexis-George/amp-financial-planning/AMP-advice/M&A/

AMP chief executive Alexis George has detailed to Money Management how its exit from advice will change the industry, allow greater scale for advisers and a new role for advice executive Matt Lawler.

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Relative Return: Debunking index investing

Podcast/Relative-Return/Sponsored-by/

In this episode of Relative Return, host Laura Dew speaks with Michael Hunstad, deputy chief investment officer and chief investment officer of global equities at Northern Trust Asset Management, to debunk myths around index investing.

AUTHOR

AMP to sell off advice licensees for $10.2m

amp/licensees/AZ-NGA/fortnum-private-wealth/

AMP has announced it has concluded a 12-month process assessing alternative advice models and will be selling its advice licensees and self-licensed offering.

AUTHOR

Is self-licensing worth the cost?

self-licensed/self-licensing/licensees/financial-advice/

Two financial advice professionals examine the cost-effectiveness of running your own AFSL, and whether the upfront and ongoing expenses are worth the benefits it provides.

AUTHOR

Half of employees considering career change

salary/recruitment/hiring/retention/

With advice firms reporting challenges around staff retention and hiring, half of employees say they are willing to change careers in the next 12 months and pay isn’t always their primary driver.

AUTHOR

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