Clime

Funds management

Clime IM appoints former adviser as portfolio manager

Clime Investment Management has appointed a portfolio manager on its Clime International Fund, who transitions from his role as a private bank financial adviser....

Funds management

Clime IM appoints 2 to business

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

Funds management

Clime IM makes ‘rapid return’ to profits following shareholder backlash

Clime Investment Management has declared a small profit in the December quarter following a statutory loss of $3.8 million in FY24 and subsequent shareholder backlash....

Funds management

Clime enacts urgent corrective actions after shareholder backlash

Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitabili...

Financial planning

Clime sets up new advice licensee post-Madison divestment

Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers....

Financial planning

Clime IM appoints 4 amid cost-cutting ‘scrutiny’

Clime IM has made four appointments amid a strict cost-cutting strategy to reduce executive overheads, following the resignation of three non-executive directors last wee...

Funds management

Clime IM suffers mass board exit

Clime Investment Management has announced that all three of its non-executive directors have resigned from the company’s board....

Funds management

Clime suffers $3.8m loss post-Madison divestment

Clime Investment Management has reported a statutory loss of $3.8 million for FY24 following a “challenging period” for the firm, however is on a “clear path to recovery”...

Funds management

Clime IM appoints acting MD after Donat’s exit

Clime Investment Management has appointed an acting managing director following the resignation of group chief executive Annick Donat....

Funds management

Clime IM’s wealth management M&A spree

As Annick Donat announces she will step down as group CEO from Clime Investment Management, Money Management takes a look back at the M&A moves made by the firm during he...

Financial planning

Clime to divest Madison in $2m sale

Clime has entered into a heads of agreement to divest Madison Financial Group to a rival licensee for $2 million....

Financial planning

Clime acquires Melbourne wealth manager

Clime Investment Management has acquired a Melbourne-based wealth management firm for $7 million after committing to increase its adviser network....

Financial planning

Clime NPAT rises 473% in FY21

Clime Investment Management has reported a net profit after tax of $2.2 million, a rise of 473% on the previous year, while the acquisition of Madison has helped it see a...

People & Products

Former chair ousted from Clime board

Shareholders at Clime Investment Management have voted to remove former chair Neil Schafer from his position as a director at the firm....

Financial planning

Clime facing shareholder pressure for director dismissal

Shareholders at Clime are calling for the dismissal of director Neil Schafer, who served as co-chief executive prior to the appointment of Annick Donat. ...