Financial services group buys 35% stake in Aussie wealth firm
Deal involves an initial cash consideration of A$740,000
Asia
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PEOPLE MOVES: Value Partners, Nutmeg, Brooks Macdonald Int’l
Asset manager names chief executive, as CEO steps down from digital wealth firm
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Mismatch between ESG values and action for Singapore investors
Investors are reluctant to invest sustainably despite recognising its importance
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Australian financial planning trade bodies merge
Partnership will ‘give us an even stronger voice in what continue to be challenging times for advisers’
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FNZ invests in cash management and savings fintech
It is ‘more important than ever for the wealth industry to be focused on delivering great consumer outcomes’
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Aussie advice firms merge
Deal could take up to a year to complete
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PEOPLE MOVES: Jupiter, Sun Life, HSBC
Fund manager CEO retires, while insurer names Hong Kong general manager for life and health
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Global wealth firm unveils adviser buy out programme
It targets those with mid-to-large size client books
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UK financial planning firm buys The Fry Group
Deal increases its assets under management to more than £5.5bn
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Aussie regulator freezes assets of director and his four firms
They allegedly obtained A$2.5m by misleading investors
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PEOPLE MOVES: Edmond de Rothschild, Bravura, AJ Bell
Financial services giant makes c-suite change, as wealth tech solution provider names CEO
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Advice firm unveils portfolio management service
It will feature a mix of active and passive funds