HUB24 deal with Easton to forge advice tech experiment
Easton, including the Paragem advice licensee, we be an anchor client for HUB24 to deploy its specialist technology and data services under the terms of a deal announced on Wednesday in which the listed platform business also agreed to acquire Xplore Wealth.
October 28, 2020
Not what they used to be: Platforms cross over into client experience
The expectations advisers have of their platform providers has progressed, from consolidated reporting and access to wholesale pricing of managed funds, to enabling transparency and bringing an experiential element to client conversations.
October 27, 2020
Ethics uplift touted as key to regulatory reform
On the same day ASIC’s top executives resigned over expenses scandals, a report was released highlighting that an uplift in ethical behaviour could save $45 billion and unravel some of the regulatory knots weighing industries like advice down.
October 26, 2020
Neil Heriot: Trading a car for a golf buggy on the daily commute
These days the Ord Minnett founder runs his Boston Private Wealth advisory from the sunny clime of Sanctuary Cove. In the ultimate lifestyle play, he's swapped out the traditional urban commute for a 3-minute golf buggy cruise.
October 23, 2020
Financial services roles up 21.2pc as jobs rate ticks back
Most industries are starting to claw their way back this quarter after Q2’s pandemic-induced nadir, with financial services and education leading the recovery according to Sunsuper’s latest jobs index.
October 23, 2020
No time for investors to be heroic: MLC
The range of forecastable economic outcomes is as wide as its ever been, says MLC Asset Management portfolio manager Myooran Mahalingham. Tread lightly on the hunt for alpha, and keep the fundamentals front of mind.
October 22, 2020
Simple vs complex advice model raises concerns
FPA chief Dante De Gori and Paragem CEO Nathan Jacobsen expressed reservations about Rice Warner’s Future of Advice report, which suggests separating personal advice into ‘simple’ and ‘complex’ categories.
October 20, 2020
From survival to growth mode: Navigating advice post-pandemic
The crucial part of navigating change is doubling down on your strengths, knowing who your clients are, how you articulate value and whether it works for those clients or not - Simon Hoyle and Lena Ridley discuss transformation in the first episode of The Shape of Advice.
October 20, 2020
Government working to unravel ‘Gordian knot’ of advice regulation: Hume
The minister said the Treasurer and her department are working together with ASIC and industry bodies – who she praised for presenting a united voice – to make the “tortuous journey” of reform easier for advisers.
October 20, 2020
Licensees stifling practice acquisitions over compliance concerns
Advice firms looking to build scale are being told to involve their licensees early when acquiring businesses, as tighter compliance benchmarks make it harder to get deals across the line.
October 19, 2020
The ability to understand: Elston’s Dean Ireland
“Our industry is filled with jargon and constantly changing legislation," says Dean Ireland. The Elston Private Wealth adviser reckons clearly articulated, flexible plans are the key to keeping clients on board and engaged.
October 16, 2020
