Fortnum, PFS creates new parent brand in its Entireti
22 April 2024 by Chris Dastoor, Professional Planner
After acquiring Australian Unity’s financial advice business, Fortnum Private Wealth will create a new parent company called Entireti to cover both brands. Scale was the catalyst for the PFS acquisition, with Younger describing scale as “...
The financial benefits of a specialised client base
18 April 2024 by Laura Dew, Money Management
Those financial advisers with client specialisation are likely to manage funds which are 15 per cent larger than those generalists, according to Adviser Ratings. Data from the research house showed 45 per cent of advisers surveyed said th...
The state seeing 37% financial adviser pay rises
11 April 2024 by Laura Dew, Money Management
Financial advisers in NSW are among the lucky few who have experienced a salary rise of more than a third in 2024, according to recruitment firm Robert Walters. In February, Adviser Ratings found over 60 per cent of financial advice pract...
Adviser Ratings and Zenith appoint senior hires
10 April 2024 by Jasmine Siljic, Money Management
Adviser Ratings has appointed a new product director to its ranks, while Zenith Investment Partners welcomes back a former partner and senior investment consultant. Andrew Page will commence as product director at Adviser Ratings on 5 Jul...
Adviser Ratings appoints product director
9 April 2024 by Professional Planner
Adviser Ratings has appointed Andrew Page as product director. The appointment came on the back of Adviser Ratings’ recent acquisitions of life insurance data company, Beddoes Institute, and portfolio construction tool, Product Rex. Las...
BT appoints chief product officer from Macquarie
4 April 2024 by Laura Dew, Money Management
BT has appointed Annabelle Kline as its new chief product officer, joining from Macquarie Bank. According to the latest Adviser Ratings’ Landscape Report, BT Panorama has the highest penetration among advisers followed by CFS FirstChoice...
How can advisers avoid a PI claim?
22 March 2024 by Jasmine Silijic, Money Management
A complex series of factors can cause financial advisers to get caught up in professional indemnity (PI) insurance claims – Numerisk’s Richard Silberman shares how to avoid such events.
Managed accounts approach $100bn with strong H2 gains
13 March 2024 by Laura Dew, Money Management
Data from the Institute of Managed Account Professionals (IMAP) has seen funds under management (FUM) in managed accounts approach $100 billion. Money Management previously covered how there has been a 50 per cent rise in advisers’ usage...
New PI insurance targets advisers
11 March 2024 by Insurance News
A Lloyd’s-backed professional indemnity cover designed for financial advisers has launched under a partnership between Adviser Ratings and insurtech Numerisk. The partners say the product will deliver improvements for advisers and insurer...