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HUB24
People & Products
Class Limited’s chief executive and managing director, Andrew Russell, will step down from his role, effective 16 February....
Superannuation
The Supreme Court of New South Wales has approved HUB24’s acquisition of Class and its decision will be forwarded to the Australian Securities and Investments Commission ...
Funds management
The resolution to approve the scheme of arrangement under which HUB24 will acquire all shares in Class has been approved by Class shareholders....
Funds management
The platform provider’s total funds under administration is now at $68.3 billion as its proposal to acquire Class is to be voted on 31 January, 2022....
Financial planning
The pilot program aims to help understand the problems facing licensees and advisers in running their business....
Superannuation
HUB24 and Class have simplified the scheme consideration of the scheme implementation deed under which HUB24 agreed to acquire all Class shares....
Superannuation
The 100% acquisition is expected to accelerate HUB24’s platform strategy and consolidate the group’s position as a provider of integrated platforms, technology and data s...
Funds management
The platform has achieved inflows of $3 billion for the September quarter, while funds under administration has grown to $63.2 billion....
Financial planning
The difference between an adviser being able to implement portfolio changes immediately compared to six weeks has a material impact on client outcomes, according to model...
Top 100
Money Management’s 2021 TOP Financial Planning Groups survey has confirmed that the number of financial advisers operating under the umbrellas of the largest groups has d...
Financial planning
ClearView has announced underlying net profit after tax is up 54% to $22.7 million but operating earnings for its financial advice arm were down 58% as it sells it to Cen...
Funds management
The platform provider posted inflows of $8.9 billion, up 82%, and is targeting a funds under advice range of $63 billion to $70 billion by 30 June, 2023....
Financial planning
Funds under administration on the HUB24 platform grew 141% to $41.4 billion in the last financial year as the firm saw 48% growth in adviser users. ...
People & Products
The platform provider has appointed Darren Stevens to the newly-created role where he will lead strategic product development initiatives....
People & Products
Catherine Kovacs will serve as a member of the audit, risk and compliance committee on the platform provider’s board....
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MARKET INSIGHTS
Podcast
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...
increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...