A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC. Anthony Del Vecchio was sentenced on 16 April at the County ...

Less than one week after imposing an interim stop order on the La Trobe Australian Credit Fund, the order has been lifted. The order was imposed on 18 September by ASIC after concerns that the target ...

With new entrants seeing 12 consecutive weeks of double-digit growth, Padua Wealth Data has broken down which business models are making the most new adviser appointments. Adviser numbers have reached ...

There may be growing interest in private markets, but a survey by advice firm Apt Wealth Partners has found even high-net-worth (HNW) investors lack sufficient knowledge of their complexities. The ...

Managed accounts saw net inflows of $16.7 billion in the six months to 30 June. In its biannual FUM census, the Institute of Managed Account Professionals (IMAP), in conjunction with Milliman, found ...

Financial advisers are demonstrating growing interest in crypto ETFs, with momentum pushing assets in these products past $800 million. According to Global X, there is a growing appetite for digital ...

Global X analysis has revealed the Australian ETF market has grown by more than a third in the past year, driven by net inflows, which are almost double the pace of 2024. As of 31 August, the ETF ...

The deal will provide a succession solution for MiQ’s retiring partners, a pathway for future leaders to become partners, and capital to fund the group’s expansion plans, it said. Established in 2015, ...

Ausbil has launched its first active ETF in response to adviser demand for a dual-access product offering regular monthly income. The Ausbil Active Dividend Income Fund – Active ETF (DIVI) holds ...

Licensee switching may be on the rise, but AFSLs are still finding ways to make the process difficult with small licensees identified as the biggest culprits. Last month, the Adviser Ratings ...

US wealth manager Focus Financial Partners, which includes Australia’s Escala Partners, has appointed a chief strategy officer to fuel further Australian growth. Travis Danysh has been promoted from ...

Intelliflo has been acquired by global investment firm Carlyle for $200 million. The software firm was first acquired by asset manager Invesco in June 2018 but it has now been announced it will sell ...