DASH secures additional $10m for IPS acquisition

dash fintech technology platform

Financial advice software DASH Technology Group has received a further $10 million investment from Bailador Technology Investments to fund its acquisition of Integrated Portfolio Solutions.

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Relative Return Unplugged: Is the RBA’s independence being tested?

Podcast Relative Return

Welcome to the inaugural episode of Relative Return Unplugged, where we dive into one of the most pressing issue

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Sydney fund manager sees AFSL cancelled

ASIC fund manager AFSL

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator.

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How many AFSLs were cancelled in FY24?

ASIC AFSL cancellation

ASIC has shared data on its licensing activity during the 2023–24 financial year, including how many were cancelled or suspended.

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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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MARKET INSIGHTS

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

1 month ago

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

1 month 1 week ago

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

1 month 1 week ago

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

2 weeks 2 days ago

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

1 week 4 days ago

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 week 4 days ago