Macquarie Asset Management (MAM) has indicated its desire to commit to the fast-growing wealth business in Australia by divesting its North American and European public investment business. The firm ...

Insignia Financial has experienced total net outflows of $1.8 billion in the most recent quarter as a result of client rebalancing. In its quarterly results for the three months to 31 March, it said ...

Prime Financial has flagged larger transactions will become a hallmark of its M&A strategy moving forward, as it seeks to step away from its “sleeping giant” reputation. Earlier this week, the firm ...

Financial advice firm DOD Bookkeeping has been penalised in the Federal Court for providing ‘cookie cutter advice’ to clients. DOD, formerly known as Equiti Financial Services, was penalised over $11 ...

Pinnacle Investment Management affiliate Langdon Equity Partners has expanded its reach with the opening of an office in London. The Canadian firm became an affiliate of Pinnacle in 2021 and invests ...

Recruitment firm Kapital Consulting, which specialises in recruiting technology roles for financial services firms including investment and asset managers, has detailed salaries for technology roles.

Rose Partners, which has a strategic partnership with AZ NGA, has purchased an advisory and accounting business based in Queensland. The Melbourne-based accounting and advisory firm announced the ...

Australia’s “sophisticated” financial services industry is a magnet for offshore fund managers, according to a global firm. Financial advisers are increasingly looking to ETFs as an investment vehicle ...

Prime Financial Group has entered into a binding agreement to acquire investment research and fund management business Lincoln Indicators. The advice and asset manager firm will acquire the ...

The financial advice industry has enjoyed another week of strong new entrant numbers, totalling nearly 40 for the past fortnight. Wealth Data analysis of the Financial Advisers Register (FAR) ...

Selfwealth’s acquirer, Syfe Group, has said the firm is hopeful of opportunities from the mass affluent population as it believes a gap exists between DIY brokerage and financial advisers. Selfwealth ...

Investment information firm Equity Story has signed a binding heads of agreement to acquire South Australian financial advisory and stockbroker Baker Young. The firm said the acquisition will enhance ...