Platinum NPAT declines 89% after $5.6bn in outflows
Platinum Asset Management’s NPAT has fallen by 89 per cent in FY25, with the firm confirming that it will be renamed as L1 Group following the expected completion of its merger with L1 Capital.
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Integro appoints advice manager to support national expansion
Perth financial advice firm Integro Private Wealth has promoted Emma Ross as advice and operations manager to lead the team as it eyes future growth opportunities.
AUTHOR
Shy-Ann Arkinstall
US wealth manager doubles down on Australian growth
US wealth manager Focus Financial Partners, which includes Australia’s Escala Partners, has appointed a chief strategy officer to fuel further Australian growth.
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.
Bancara: The Future of Wealth, Built for Those Who Live Without Limits
The definition of wealth has evolved.
AUTHOR
Bancara .
The First 90 Days as a Sole Trader: Setting Up For Long-Term Success
ASIC continues Shield-linked enforcement with banning and AFSL cancellation
ASIC has cancelled the Australian Financial Services Licence of MWL Financial Services and banned MWL’s director Nicholas Maikousis for 10 years over conduct in relation to the Shield Master Fund.
AUTHOR
Keith Ford
Bell’s 2-year transformation to a diverse wealth manager
Bell Financial Group co-chief executive, Arnie Selvarajah, believes regulation will make the provision of episodic advice easier for consumers and is pivoting the business over the next two years to focus on wealth management.
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.
Insignia v Entireti: Competing philosophies for building a business
While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the professional landscape.
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.
APAC clients to benefit from upgraded GBST platform
Financial planning technology provider GBST has completed a significant upgrade of its Composer platform for its APAC clients.
Prime Financial grows FUM by 58% amid M&A push
Asset and wealth manager Prime Financial Group is looking to M&A and technology for future growth after growing its FUM by 58 per cent in FY25.
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