Tech adoption tops adviser numbers as leading growth indicator
Licensees used to be fixated on how fast they can increase adviser numbers as an indicator of their health. CoreData Research has uncovered other factors that are beginning to emerge that suggest it’s not how many advisers that matters, but how well they’re supported to grow.
July 11, 2023
Count CFO to depart 17 months after Rowe
Count chief financial officer Laurent Toussaint will depart the company at the end of September. Toussaint’s five-year stint at the company saw him step in as interim leader after the departure of Matthew Rowe early last year.
July 11, 2023
Managed funds experience $2.8b outflows
Managed equity funds have seen the worst quarter in five years, with outflows across all fund types totalling a net $2.80 billion in Q2, according to the latest Fund Flow Index from global funds network Calastone.
July 11, 2023
State Street appoints global sustainability head
State Street Corporation has appointed executive vice president Jessica Donohue as head of global investment insights, sustainability, and impact; replacing Rick Lacaille, who announced his retirement earlier this year.
July 11, 2023
Most super funds will be dragged to advice ‘kicking and screaming’
While some industry super funds are interested in expanding their advice offering post-QAR, many others are wary about meeting any potential further expectations to give advice and would rather steer clear of it.
July 10, 2023
The pitfalls of inconsistent leadership
Strong leadership involves making tough calls, writes Elixir Consulting senior consultant Lana Clark. The one detrimental issue commonly found among advice practice owners is the inability to make a decision and stick with it.
July 10, 2023
FAAA appoints marketing & communications manager
The Financial Advice Association has appointed Ben Rutherford as marketing and communications manager.
July 10, 2023
Adviser numbers down, but rate of decline slows
Adviser losses over the last financial year were still in the triple figures, but significantly lower than the years immediately following the Hayne Royal Commission, Wealth Data research shows.
July 07, 2023
Self-licenced practices – An alternative view on risks
It’s easy to view self-licensed advisers as the wild west of advice practices, but Paul Harding-Davis writes that any argument there is a systemic problem in the sector may be driven by those who have a vested interest in the status quo.
July 07, 2023
Platforms create ‘adviser alpha’ but can improve data game
Platforms contain a wealth of data to provide practices with insights on investment and adviser performance, but the CEOs of two leading providers admit they could better utilise this data in the market.
July 06, 2023
