4+ day, 5+ hour ago   (419+ words) Aperio Financial Services has been advising families, business owners and young professionals for roughly 40 years. Employing three staff in its financial planning division, Aperio offers services in tax matters, mortgage broking and loans. Matt Lawler, chief executive of Akumin, a…...

5+ day, 5+ hour ago   (458+ words) Findings from CFS’s 10x program, which partners with advisers to “help them identify opportunities to improve performance, drive growth and better meet evolving client needs”, the top 20 per cent of advice firms serve an average of approximately 190 clients per adviser, compared…...

6+ day, 4+ hour ago   (448+ words) With the merger also comes with the creation of a specialist risk division within its broader suite of wealth management solutions. The firm added that it will support its growth strategy, which involves expanding its national footprint and deepen “its…...

6+ day, 9+ hour ago   (511+ words) Michael Marr, Sean Carroll, Seamus Quick, Stephen Cabot and Patrick Armitage join LGT as partners and senior investment advisers, bringing more than two decades of experience across private banking and wealth management, according to the wealth management firm. Michael Marr…...

1+ week, 4+ day ago   (440+ words) This comes at a time when ASIC continues to warn of dangers of the bad, unofficial online and digital advice and casts its regulatory spotlight on ‘finfluencers.’ The issue remains, however, that financial literacy needs lifting, especially as Australia enters…...

1+ week, 5+ day ago   (349+ words) On 29 June, ASIC moved to cancel Capital Guard’s Australian financial services (AFS) license and later applied to the Supreme Court of New South Wales to wind up Capital Guard AU Ltd and seek the appointment of an independent liquidator to…...

2+ week, 4+ hour ago   (420+ words) The 60/40 portfolio or allocating a client’s funds 60 per cent to growth assets and 40 per cent to defensive, fixed income assets like bonds, has long been a classic, generally reliable strategy. However, recent trends have indicated that fixed income, such as…...

2+ week, 3+ day ago   (335+ words) Overall, Generation Life saw a 35 per cent uptick in funds under management (FUM) up to $5.95 billion and annual gross sales surpassing $1.5 billion. Of particular note for Generation Development Group was the growing interest in investment bonds from advisers. “Demand for…...

3+ week, 4+ hour ago   (377+ words) According to an ASX announcement on 21 August, the proposed sale would be paid for by way of a scheme of arrangement at an indicative price of $24.75 cash per share, less any dividends are declared or paid. Founded in 2017, BGH is…...

3+ week, 3+ day ago   (592+ words) The deal, which was initially announced back in February, has officially been actioned via a members’ scheme of arrangement valued at around $416.8 million. ClearView shareholders will receive a cash consideration of $0.60 per share in addition to a fully franked dividend…...