Sequoia appoints Mike Ryan as chair
Sequoia Financial Group has appointed Mike Ryan as chair, effective immediately.
August 07, 2024
Union director and former AIST president joins REST board
REST has named Catherine Bolger as a new employee-nominated board director, replacing Julia Fox who retired in May 2024.
August 07, 2024
Outside of Dixon, CSLR covers disparate group of firms
While the advice profession has justifiably been outraged by the amount of claims it has to pay related to Dixon Advisory, another 300 claims expected to go through the Compensation Scheme of Last Resort will be from 31 other firms.
August 06, 2024
Global X CEO steps down
Global X chief executive officer Evan Metcalf has stepped down from his role, having spent a decade at the firm including almost two years as CEO.
August 06, 2024
Sick of advice being ignored, this adviser will run for Parliament
An adviser who lives and works on Sydney’s northern beaches, James Walker-Powell will run against incumbent Zali Steggall in the seat of Warringah in the upcoming federal election. While he will run for a minor party, the advice veteran hopes the campaign will draw attention to the industry's plight.
August 06, 2024
Cbus names head of portfolio construction
Cbus Super has appointed former Victorian Funds Management Corporation chief investment officer Justin Pascoe as head of portfolio construction.
August 06, 2024
FSC pushes back on YFYS expansion
The peak body for product manufacturers has argued the Your Future Your Super performance test should stick to monitoring simpler products. For complex Choice products, the council argued the role of financial advisers making individually directed decisions should be respected.
August 05, 2024
Succession Matters appoints Luke Towers as partner
Insurance advice business Succession Matters has appointed Luke Towers as partner.
August 05, 2024
LGT Crestone adds Escala co-founders
LGT Crestone has hired Steve Collins and Mason Allamby as partners and investment advisers. They will lead a team providing advice to high-net worth clients, family offices and non-profit organisations.
August 05, 2024
Planting seeds for the future for Sequoia
Off the back of failed takeover bid, Sequoia CEO Garry Crole remains focused on progressing the firm’s restructure with its headcount reduction near completion. While there might be re-think of some of the firm’s assets, like it’s media business, he still has a positive outlook towards further adviser growth for the licensee businesses.
August 02, 2024
Private wealth licensees team up in scale play
Wilsons Advisory has acquired Statton Partners, with the firm telling Professional Planner it will continue to take a “dual-track process” of growth via recruitment and M&A activity as it continues to expand its private wealth business.
August 02, 2024
