Latest Financial Advice News

Netwealth will acquire AI advice platform Paradino for up to $29 million and invest a further $10 million to scale the business. The deal extends Netwealth beyond platform administration into advice production, while Paradino remains loss-making and separately reported.

Centrepoint Alliance has completed its acquisition of a 51% controlling interest in SEQ Advice Group, initiating a phased ownership with deferred payments linked to future earnings.

WT Financial Group (ASX: WTL) has agreed to acquire a 70% stake in TNT Advisor Solutions, a premium Australian paraplanning provider, marking a strategic expansion of its adviser ecosystem. The $2.43 million deal aims to boost TNT's growth while preserving its leadership and service quality.

WT Financial Group (ASX: WTL) posted six consecutive years of growth in FY2026, with net revenue rising 15.6% to $33.1 million and EBITDA up 19.5% to $8.2 million, underpinned by its adviser network expansion and capital partnerships.

Count Limited (ASX:CUP) reported a 71% jump in net profit to $15.2 million for FY2026, driven by strong organic growth and strategic acquisitions including the completion of Oracle Group. The company declared a fully franked final dividend of 3 cents, lifting total dividends to 5 cents per share.

Centrepoint Alliance has acquired a 51% controlling interest in SEQ Advice Group, targeting an initial $0.6 million EBITDA boost and a path to $1.9 million by FY31 through increased ownership.

Centrepoint Alliance reported a 24% jump in net profit to $6.4 million for FY26, underpinned by a 16% rise in EBITDA and advances in artificial intelligence initiatives. The company declared a steady fully franked dividend of 1.75 cents per share and expanded its salaried advice business through acquisitions.

WT Financial Group (ASX: WTL) delivered its sixth consecutive year of growth in FY2026, with net profit before tax up 19% to $6.55 million and a fully franked final dividend declared at 0.75 cents per share. The company also completed a strategic disposal of its B2C subsidiaries, advancing its Hubco investment model.

InvestSMART Group Limited swung to a net loss of $575,633 in FY26, marking a sharp reversal from the prior year’s profit, amid a strategic pivot including a pending $16 million sale of its Intelligent Investor business.

Bailador Technology Investments (ASX:BTI) posted a 64% drop in net profit to $6.9 million for FY26, amid a 55% fall in gains on financial assets. Despite this, the fund declared a fully franked 3.5 cent dividend and highlighted strong AI adoption and growth across its private tech portfolio.

Sena & Co, already holding 75.9% of 2 Cheap Cars, proposes a full takeover at NZ$0.80 per share, aiming to delist the company and compulsorily acquire remaining shares.

WT Financial Group reports a 20% rise in net profit before tax for FY2026, underpinned by its scalable adviser network and strategic Hubco platform expansion.