AMP enjoys rise in adviser numbers

Wealth Data adviser numbers amp

Australia’s largest financial advice licensee has led adviser growth over the past week, while 15 new entrants joined the industry.

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Do consumers trust AI-generated advice?

artificial intelligence financial advice analyst chatgpt

A research paper has detailed whether individuals are more or less likely to change their investment decision when the advice is generated by human or by artificial intelligence, including any gender differences.

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Netwealth reports record quarterly FUA rise

netwealth matt heine technology CFO

The investment platform saw its highest-ever quarterly rise in funds under administration over the September quarter, as it also provides an M&A update.

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Platinum reports first FUM rise in 7 months

Platinum Asset Management FUM Regal Partners Limited Platinum

Platinum Asset Management has seen its first rise in funds under management in seven months, helped by positive investment performance.

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Investment Trends appoints head of sales

investment trends appointments financial advice

Research house Investment Trends has made a new hire to head up its Australian sales team.

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Sydney-based Sherlock Wealth goes self-licensed

AFSL self-licensed financial advice Sydney

Sydney-based financial advice firm Sherlock Wealth has announced it is now operating under its own AFSL, one week after Andrew Sherlock took over as its chief executive.

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Could DBFO simplify licensee switching?

licensees financial advisers quality of advice review statements of advice SOAs

A licensing head is hopeful that the DBFO legislation will make it easier for financial advisers to switch licensees, as extensive paperwork means they face a heavy burden currently.

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How is Iress progressing its transformation project?

iress appointments leadership

As Iress makes leadership changes, Money Management examines the progress of its transformation update which is scheduled to be completed by the end of the year.

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New defence ETFs hit the Aussie market

ETFs BetaShares global x Global X ETFs

Both Betashares and Global X have launched ETFs focused on the global defence sector, just weeks after VanEck also announced its own defence ETF.

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MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks 1 day ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

3 weeks 6 days ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

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Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

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Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

1 day 13 hours ago