Investment consultant rebrands as ratings service launches

morningstar/ratings/

Insight Investment Consultants has rebranded as it launches a new research ratings service, led by a former Morningstar director with feedback from financial advisers and licensees.

AUTHOR

Will Platinum’s turnaround plans work?

Platinum-Asset-Management/Kerr-Neilson/Andrew-Clifford/

A benchmark unaware investment process and disruption in the adviser and platform market are among headwinds for Platinum as the 30-year-old firm announces a two-part turnaround strategy.

AUTHOR

From 100 to 0: NextGen loses final advisers

Wealth-Data/nextgen/AFSL/licence-cancellation/

NextGen Financial Group has bid farewell to its remaining financial advisers following ASIC’s cancellation of its AFSL, contrasting the firm’s peak of over 100 advisers in 2019.

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Culture is king: Retaining PY talent in advice

recruitment/professional-year/financial-advice/

Retaining new entrants in the advice industry as they complete their Professional Year is a key focus for advice firms in 2024, with younger generations increasingly valuing workplace culture more than ever.

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Platinum to embark on urgent turnaround strategy

Platinum/CEOs/financial-results/

Asset manager Platinum has announced to the ASX that a “turnaround is required and underway” as it battles with net outflows and declining revenue.

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IDR reports are in, but what’s next?

ASIC/internal-dispute-resolution/complaints/breaches/

All eyes are now on ASIC as licensees await how the regulator will use the internal dispute resolution regime data submitted as the deadline is reached.

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Money Management unveils inaugural Australian Wealth Management Summit

money-management/wealth-management/amp/T.-Rowe-Price/Future-Fund/American-century-investments/allianz-retire+/L1-Capital/

Money Management is pleased to launch a groundbreaking new conference that will set the stage for transformative change in wealth management.

AUTHOR

WT Financial turns to organic growth following M3 acquisition

WT-Financial-Group/millennium3/WT-Financial/financial-results/insignia/Keith-Cullen/

With three years of M&A activity under its belt, WT Financial reflects on its recent acquisition of Millennium3 from Insignia and says it is now well positioned to achieve organic growth.

AUTHOR

‘ASX Wolf’ finfluencer hit with bankruptcy orders

finfluencers/ASIC/federal-court/finfluencer/

ASIC has successfully obtained orders to bankrupt finfluencer Tyson Scholz for his failure to pay Federal Court costs of more than $450,000.

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