‘Silver tsunami’ of business retirees to propel M&A surge

Pitcher-Partners/M&A/mergers-and-acquisitions/succession-plans/

| By Jasmine Siljic |

Australian dealmakers are expectant of deals in 2025 to come from a silver tsunami of retiring practice owners who are planning for their succession, with generational shifts in leadership described as a “game changer”.

AUTHOR

Jasmine Siljic

Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

GQG net flows double to US$20bn in 2024

GQG-Partners/gqg/private-markets/funds-management/

| By Jasmine Siljic |

Funds management

GQG Partners saw a twofold increase in net flows for 2024, as chief executive Tim Carver eyes a robust pipeline of potential deals for its private capital solutions business in the year ahead.

AUTHOR

Jasmine Siljic

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

Reach Alts appoints private wealth head

Alternatives/private-markets/appointment/

| By Laura Dew |

Financial planning

Reach Alternative Investments has appointed a head of private wealth following the firm’s strategic alliance with platform HUB24.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

Brookfield brings Oaktree private credit fund to Australia

private-markets/fund-launch/private-credit/

| By Jasmine Siljic |

Funds management

Brookfield, which recently entered the bidding war to acquire Insignia Financial, has launched a private credit strategy managed by Oaktree for Australian wholesale investors.

AUTHOR

Jasmine Siljic

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

Advisers urged to expedite retirement income discussions

allianz-retire+/retirement-income/financial-advisers/retirement-planning/

| By Jasmine Siljic |

Financial planning

Financial advisers are being encouraged to bring forward their retirement income planning conversations with clients, with an ideal “runway” of at least 10 years prior to retirement.

AUTHOR

Jasmine Siljic

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

AMP FY24 NPAT declines with advice sale

amp/financial-advice/Alexis-George/

| By Laura Dew |

Financial planning

Having sold off its advice division for a loss, AMP has reported a 43 per cent reduction in statutory net profit after tax in FY24, with the business now focusing on becoming a retirement specialist.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

Advice profession enjoys 5 weeks of consecutive growth

Wealth-Data/new-entrants/adviser-numbers/

| By Jasmine Siljic |

Financial planning

Financial adviser numbers are up by more than 200 for the financial year, according to Wealth Data, driven by five weeks of back-to-back growth.

AUTHOR

Jasmine Siljic

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

‘Rising tide lifts all boats’ for platforms amid advice boom

platforms/infocus/amp/HUB24/Recep-Peker/

| By Laura Dew |

Financial planning

Rather than competing on fees, platforms are aiming to stand out by helping advisers achieve scale and efficiency in their practices, offering an even greater range of services to clients.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

Refining tech crucial for advice M&A prep

intelliflo/advice-technology/technology/M&A/

| By Jasmine Siljic |

Financial planning

As financial advice continues to be a major target for M&A, intelliflo has encouraged practices to improve their processes and data management before prospective buyers come knocking.

AUTHOR

Jasmine Siljic

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

Clime IM appoints 2 to business

Clime-Investment-Management/Clime/hires/appointments/

| By Laura Dew |

Funds management

Clime Investment Management has appointed two to its operations team, focusing on managed funds, as it continues its cost-cutting process.

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura