WEALTH MANAGEMENT DIVISION

Funds management

Nine months into a two-year recovery strategy, Tower Limited is back in the black having posted a $4.87 million profit for the six months ended September, 2003....

Editorial

The announcement of a healthy 15.6 per cent growth in funds under administration for St George-owned Sealcorp over the past twelve months today has significantly boosted ...

Funds management

The Commonwealth Bank is anticipating the growth in its wealth management division to exceed that within its traditional banking divisions going forward, providing justif...

Financial planning

Online platform provider Netwealth has appointed JDV as its in-house broker platform for their wrap and superannuation products, following the announcement that the manag...

Financial planning

Despite moving away from funds management and returning to its risk-based roots, Tower Australia is forging ahead in forming its newly created asset management group, app...

People & Products

The Commonwealth Bank of Australia’s head of marketing, Graham Ford left the group acrimoniously late last week following what is understood to be a rift between himself ...

Financial planning

Perpetual Trustees head of marketing Michael Young has stepped away from the group, ending his seven year relationship with the company....

Funds management

Suncorp Metway’s wealth management business, with a 29.3 per cent decline in profit, has tarnished what is otherwise an impressive year’s performance for the 12 months en...

Editorial

The Commonwealth Bank has posted a net profit after tax of $2.012 billion, a drop of 24 per cent from last year, with funds management doing little to boost the bank’s re...

Financial planning

Perpetual Personal Financial Services, the wealth management division of Perpetual Trustees, has retrenched 51 staff including a small number of advisers in what it says ...

Funds management

National Australia Bank's wealth management division, which includes MLC, has completed a major shake-up of its senior executive ranks....

Funds management

The St George Bank group has made significant changes to its wealth management division, impacting both the investment management arm of Advance Funds Management and rese...

People & Products

Deutsche Bank Australia has appointed former Invesco Australia chief executive officer Michael Parsons as managing director and head of its private wealth management busi...

Financial planning

Listed financial services group Hartleys Limited will close its wealth management division, sell its margin lending book and transfer selected Hartley advisers and client...

Financial planning

Investor Group has made the first moves in the acquisition of Stockford businesses, purchasing the Stockford Collins Street accounting and financial planning business....

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MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks 5 days ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 3 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

6 days 5 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

5 days 9 hours ago