Singapore and Sydney-based wealth firm Aura Group has acquired financial advice licensee Australian Capital Financial Planning (ACFP).
Under the terms of the deal, ACFP’s 27 authorised representatives will now join a dealer group with almost 100 advisers.
Aura funds and wealth management managing director Craig Mowll said financial advisers in the group now have access to services covering funds management, legal, accounting, property, lending and wealth management".
Aura acquired a majority stake in boutique firm Accountable Financial Group (AFG) in June 2015.
As the time, Aura managing director Calvin Ng said his firm was attracted to AFG's $1 billion in funds under advice and access to SMSF investors.
BetaShares has established what it calls the first UK-focused ETF on the ASX, tracking Britain’s sharemarket benchmark, the FTSE 100. ...
The regulatory landscape has fundamentally changed since the Hayne royal commission and entities must engage with regulators in new ways in ...
Perpetual Investment has recorded net outflows of $1.1 billion for the fourth quarter of 2019, while its funds under management fell by $300...
Get notifications in real-time for staying up to date with content that matters to you.
