Prosperity Advisers Group exceeds $1bn FUM

FUM/funds-under-management/advice-firm/

Prosperity Advisers Group, a mid-tier advisory firm, has surpassed $1 billion in funds under management, hitting this milestone following a “sustained period of growth for the firm”.

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PAC sees statutory NPAT down 47%

financial-results/Pacific-Current-Group/

Statutory NPAT at Pacific Current has almost halved in FY25 to $58.2 million as the result of an investment restructure.

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PI misconceptions keeping advisers locked out of crypto, despite strong demand

crypto/PI-insurers/bitcoin/cryptocurrency/

While crypto continues to gain traction among investors globally, improving accessibility for financial advisers is key to helping them serve the demand from younger clients, but there are some barriers still hindering adoption.

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Retail investors valuing liquidity over returns

retail-investors/Federation-Asset-Management/liquidity/intergenerational-wealth/

Being able to provide certainty about redemptions is worth fund managers pursuing when targeting the retail market even if it means sacrificing returns, according to Federation Asset Management.

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Praemium sees solid FY24 growth amid high demand from HNW sector

praemium/full-year-results/HNW/

Investment platform Praemium has reported strong 2024–25 financial year results, with large increases across a range of business metrics, which it credits to the firm’s strategy and high-net-worth focus.

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Fitzpatricks eyes entrepreneurial networks with strategic alliance

fitzpatricks-private-wealth/partnerships/Fitzpatricks-Group/

Fitzpatricks Advice Partners has formed a strategic alliance with two chapters of a global business support and networking organisation, expanding its offering for the firm’s advisers.

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Regal Partners eyes offshore inflows for next growth phase

Regal-Partners-Limited/half-year-results/

| By Miranda Brownlee |

Alternative investment manager Regal Partners has set a target of doubling its offshore funds under management within three years amid strong inflows from offshore investors in the first half of 2025.

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FAR loophole found to help advisers dodge PY redo

education/far/professional-year/

As the deadline approaches for advisers to meet higher education requirements, the FAAA has shared an “obscure” loophole to help advisers avoid redoing a professional year.

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The fund selection consideration for real assets

UBS/State-Street/real-assets/real-estate/infrastructure/

Real asset commentators have shared what advisers should be considering when conducting their due diligence on the assets and how they can mitigate illiquidity for retail clients.

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Redemption pressures impact GQG flows in H1

ETFs/GQG-Partners/financial-results/

GQG Partners has announced net flows were down 28 per cent in the first half of 2025, with redemption pressure particularly hitting Australia.

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