The proportion of advisers working at a privately owned licensee rose to 78 per cent in the fourth quarter of 2024 as over 1,000 advisers switched from a diversified firm. According to the Q4 Adviser ...

Pinnacle Investment Management has reported a 151 per cent rise in net profit after tax (NPAT) in its half-year results, helped by overseas expansion and affiliate performance fees. In its results for ...

FundBase Group is set to launch a new platform for Australian retail investors looking to enter the private markets universe. The investment fund infrastructure provider said the platform will enable ...

Wealth management leaders are being encouraged to maximise the value of new and existing talent through continuous upskilling, as one-quarter of Australian employees seek greater professional ...

The firm was founded in 2022 as an absolute return global equities manager by Lev Margolin, a former portfolio manager at L1 Capital, and is based in Melbourne. Fidante has taken a substantial ...

Apt Wealth Partners has expanded its range of services with the introduction of its own legal services offering to meet clients’ evolving needs. The financial advice business – which has offices in ...

Findings from Morningstar show over 250 sustainable funds globally changed their names or dropped key ESG terms during 2024 amid regulatory greenwashing fears. In the research house’s Global ESG Flows ...

Milford Asset Management is set to terminate its Diversified Income Fund due to the “current small investment scale” of the product. Equity Trustees, the responsible entity for Milford’s investment ...

The emergence of DeepSeek, a Chinese artificial intelligence (AI) start-up that claims to have built an advanced large language model in just two months for under US$6 million, sent shockwaves through ...

The Financial Services and Credit Panel (FSCP) has given a relevant provider a written direction for additional retirement planning continuing professional education ...

A former Perth financial adviser has pleaded guilty in court to stealing $1 million from his clients for his own benefit. Anthony Paul Torre appeared in the District Court of Western Australia on 28 ...

Selfwealth has received a third non-binding indicative proposal from a new bidder valuing the company at $65 million. In an ASX announcement on 3 February, the firm announced it has received a ...