Latest Wealth Management News

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WT Financial Group and its joint venture Investco have incorporated two new 'Hubcos' to consolidate advisory firms and pursue strategic acquisitions, marking a significant expansion in their financial advice platform.
Claire Turing
Claire Turing
7 Aug 2025
AMP Limited reported a modest increase in underlying net profit after tax to $236 million for the first half of 2025, supported by steady revenues and disciplined cost management across its key business units.
Claire Turing
Claire Turing
7 Aug 2025
AMP Limited reported a 9.2% rise in underlying NPAT to $131 million for the first half of 2025, driven by growth in wealth management cashflows and cost efficiencies. The company declared a 2.0 cents per share interim dividend and reaffirmed its full-year guidance amid ongoing digital banking expansion and AI integration.
Claire Turing
Claire Turing
7 Aug 2025
AMP reported a 9.2% increase in underlying net profit after tax to $131 million for the first half of 2025, driven by robust cashflow growth and steady performances across its wealth and banking divisions. The company also declared a 2.0 cents per share interim dividend, maintaining disciplined cost control amid ongoing strategic investments.
Claire Turing
Claire Turing
7 Aug 2025
AMP Limited reported a 9.2% rise in underlying net profit after tax for the first half of 2025, alongside a declared interim dividend, while navigating fresh legal challenges.
Claire Turing
Claire Turing
7 Aug 2025
WT Financial Group has reported a strong 21% increase in underlying net profit before tax for FY2025, driven by robust revenue growth and improved operational efficiency. The company also announced a new joint venture aimed at fueling future expansion.
Claire Turing
Claire Turing
4 Aug 2025
Equity Story Group has secured a transformative deal to acquire Baker Young Limited, significantly expanding its wealth advisory footprint and boosting revenue projections by over 400%. Meanwhile, its Growth Fund outperforms benchmarks and a new litigation funding vehicle launches.
Claire Turing
Claire Turing
31 July 2025
HALO Technologies reports $3.54 million in Q2 revenue with rising subscription income, progressing UK expansion pending FCA approval, and a $6.75 million capital raise nearing completion.
Claire Turing
Claire Turing
31 July 2025
Raiz Invest Limited reported robust growth in Q4 FY25, with active customers and funds under management hitting new highs, supported by a strategic partnership with Drip Invest and ongoing product innovation.
Claire Turing
Claire Turing
28 July 2025
Generation Development Group reports a transformative FY25 with record Investment Bond sales and successful integration of Evidentia and Lonsec managed accounts, setting the stage for strong growth in FY26.
Claire Turing
Claire Turing
23 July 2025
Perpetual Limited reported a 2.5% increase in assets under management to A$226.8 billion for Q4 FY25, driven by strong market performance and inflows. The company reaffirmed its expense guidance and continues to pursue the sale of its Wealth Management business.
Claire Turing
Claire Turing
22 July 2025
Praemium Limited reports a 2.2% increase in funds under administration for Q4 FY25, driven by strong gains in Spectrum and SMA platforms, alongside operational upgrades including AI-driven initiatives. However, OneVue platform experiences a significant decline.
Claire Turing
Claire Turing
22 July 2025