Fortnum CEO sharpens focus on organic adviser pipeline; Further adviser losses seen at two major licensees

Money Management Breaking News

If you are unable to see the message below, click here to view online

12 Apr 2024

Latest News Financial Planning Fortnum CEO sharpens focus on organic adviser pipeline Fortnum Private Wealth CEO, Neil Younger, says scale is becoming a necessity rather than a benefit for financial advice licensees as it focuses on organic growth via licensee switching. Read More Financial Planning Further adviser losses seen at two major licensees Two of Australia's largest financial advice licensees, Count Financial and AMP Group, have each lost five advisers this week, while Sequoia has "bounced back" after recent losses. Read More Funds Management Advisers propel bulk of ETF net flows in 2024 Advised money is the largest source of net ETF flows this year to date, according to Betashares' estimates, underlining significant adviser demand for these solutions. Read More Financial Planning The challenges faced by ESG after a 'euphoric' period Ahead of the Responsible Investment Association Australasia annual conference in May, Zenith Investment Partners' Dugald Higgins shares his thoughts on the evolving sector and the challenges it faces after a period of strong performance. Read More Financial Planning 'Licensee for hire' Lanterne receives Federal Court penalty The Federal Court has issued a seven-figure penalty against Lanterne Fund Services, a wholesale licensee which operated as a "licensee for hire". Read More Funds Management Asset managers expand wealth distribution teams Schroders Australia, ClearBridge and GAM have all made new hires in their distribution teams, focusing on wealth and financial advisers. Read More Podcast Editorial Relative Return: Solving the super technology problem In this episode of Relative Return, host Maja Garaca Djurdjevic speaks with Riley James, founder and chief executive of fintech SuperAPI, about creating a superannuation ecosystem and potential changes from the Quality of Advice Review. Read More

© 2024 Money Management. All Rights Reserved. You have received this email because you have subscribed to Money Management or a Momentum Media publication. This email has been sent automatically and you cannot reply to it. If you have any questions please contact us directly. You are subscribed to our Bulletin service with this email almirkardas.money@blogger.com. The contents of this newsletter are purely for your information. Click here to read our disclaimer. Click here to update your email receiving preferences. Click here to remove yourself from this list or call us on 02 9922 3300.