PictureWealth CEO on its burgeoning M&A appetite

mergers and acquisitions financial advice M&A

| By Jasmine Siljic |

With five acquisitions under its belt in the past month, PictureWealth’s CEO Allan Maitland says the advice and technology firm remains committed to partnering with like-minded businesses to provide more Australians with advice.

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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.

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Schroders appoints 2 execs to board

Schroders boards CIO

| By Laura Dew |

Funds management

Schroders has appointed two senior leaders to its board, having appointed a new global CEO earlier this month.

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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.

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Double advice acquisition propels adviser shift

Wealth Data adviser numbers mergers and acquisitions Colin Williams

| By Jasmine Siljic |

Financial planning

An acquisition of two advice practices by a national advice group has led to a shift in financial adviser numbers, with one losing 33 advisers as a result.

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Jasmine Siljic

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Former RBA governor Lowe joins Barrenjoey board

RBA Phil Lowe

| By Jasmine Siljic |

Funds management

Former RBA governor Philip Lowe has been appointed to the board of Barrenjoey as an independent non-executive director, six months after his first post-RBA move.

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Jasmine Siljic

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The higher revenue borne from strong tech usage

artificial intelligence netwealth technology fintech financial advice

| By Jasmine Siljic |

Financial planning

The vast majority of financial advice firms which are fully embracing and adopting new technologies are reporting an annual revenue north of $1 million, Netwealth reveals.

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Jasmine Siljic

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Qld-based paraplanning business acquired

paraplanning outsourcing M&A financial advice

| By Jasmine Siljic |

Financial planning

Contract Paraplanning Services, previously led by director Hayley Knight, has been acquired by two new owners looking to drive further growth in the business.

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Jasmine Siljic

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HUB24 takes stake in alternatives firm

HUB24 platforms Alternatives private markets Andrew Alcock

| By Laura Dew |

Financial planning

Platform HUB24 has taken a minority stake in an alternative investment company to design and offer a range of alternative products to financial advisers.

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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.

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Relative Return: The diversification benefits of real estate

Podcast Relative Return Sponsored by

| By Laura Dew |

Editorial

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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.

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Platinum board reaches unanimous verdict on Regal bid

Platinum Platinum Asset Management regal Regal Partners Limited M&A acquisition

| By Laura Dew |

Funds management

The board of Platinum Asset Management has reached a “unanimous conclusion” regarding a proposal from Regal Partners to acquire the company.

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.

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The 2 paths for licensees in implementing DBFO

financial advice morningstar quality of advice review licensees

| By Laura Dew |

Financial planning

With the Delivering Better Financial Outcomes legislation on the horizon next year, licensees need to decide whether they are going to take a hands-off approach or use it as an opportunity to pivot their business.

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.

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