Fortnum

Financial planning

‘Like winning the Grand Final’: Entireti’s Younger on AMP deal completion

Entireti chief executive Neil Younger has shared the responsibility and privilege he feels as the head of Australia’s largest advice licensee, and how he aims to prevent ...

Financial planning

Entireti unveils leadership team as AMP divestment completes

AMP expects to make a $36 million loss from its advice divestment, while Entireti has announced a new senior leadership structure as the deal completes. ...

Financial planning

Two licensee heads appointed to FSC board

The heads of two financial advice licensees have joined the board of the Financial Services Council as it looks to deepen its engagement with the space and strengthen its...

Financial planning

Fortnum and PFS unify under parent company

Following its acquisition of Australian Unity’s advice business, Fortnum Private Wealth and Professional Financial Services have formed a new parent company with Fortnum ...

Financial planning

Fortnum CEO sharpens focus on organic adviser pipeline

Fortnum Private Wealth CEO, Neil Younger, says scale is becoming a necessity rather than a benefit for financial advice licensees as it focuses on organic growth via lice...

People & Products

Crunching the numbers on the tripartite Australian Unity deal

The tripartite deal between Fortnum and AZ Next Generation Advisory, announced earlier this week, to acquire the financial advice arm of Australian Unity is a “reasonable...

People & Products

Fortnum hires practice engagement manager

Fortnum Private Wealth has appointed former financial adviser Jason Gapps as practice engagement and growth manager to help the firm grow its relationships with the advic...

Financial planning

Advice firms need to turn attention to growing scale

Building scale will allow advice businesses to be in a stronger position to manage costs, meet their compliance obligations and keep fees steady than a small practice, ac...

Financial planning

Outflow continues but adviser numbers higher than last year

Although the industry continues to lose advisers, this week’s data from HFS Consulting has shown that the losses were lower compared year-on-year. ...

Financial planning

Key licensees hit back at FPA adviser registration proposal

The Financial Planning Association’s proposals to have adviser registration over-ride licensing has run into a backlash from key financial planning licensees who say they...

Funds management

Flinders’ fund chosen by Mercer and Evidentia

Flinders Investment Partners’ small cap fund has been rewarded allocations from consulting groups Mercer Investment Consulting and Evidentia Group....