December 2024
- Opinion
- Opinion
Six ways to get ahead financially in 2025
Start with the end in mind by deciding where you want to be financially in a year’s time.
- Lindzi Caputo
Your financial adviser could soon be an avatar
In the face of rising costs and dwindling personnel numbers, is this the future of the industry? Some certainly think so.
- Michelle Bowes
- Opinion
- Opinion
What to do in each decade of life to build wealth
It can be difficult to know what to do to get ahead financially as you age and your circumstances change. Here’s a quick guide.
- Rob Pizzichetta
Adviser Charlie Viola hires NRL star; eyes growth via M&A
Charlie Viola has hired NRL star Cooper Cronk as he shoots for up to $12 billion in assets in five years, after a $2.5 billion management buyout in September.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Nine private wealth advisers defect from Perpetual
Street Talk understands nine advisers resigned from the 138-year-old investment group on Friday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
November 2024
The start-ups challenging big banks on loans and payments
These top 5 fintechs on the Fast Starters list have found gaps in the market where the big banks fear to tread.
- Amelia McGuire
Michelle Levy backs big super, Labor in financial advice fee fight
The Quality of Advice Review chairwoman has backed big super funds and Labor’s bid to allow funds to share the cost of financial advice across their membership bases.
- Updated
- Hannah Wootton
London’s Pantheon eyes Australians with new fund
If it can retain its track record of 16 per cent annual returns, the Pantheon fund would beat PE funds launched by KKR, Apollo and HarbourVest in Australia.
- Sarah Thompson, Kanika Sood and Emma Rapaport
These three scenarios show how HECS debt hits your borrowing capacity
Instead of paying his student loan down faster with extra repayments, this 26-year-old chose to divert his savings to build a house deposit. It paid off.
- Updated
- Bianca Hartge-Hazelman and Lucy Dean
Frozen Perth fund made a big bet on a German cannabis stock
Accounts for the $70-odd million vehicle show more than a third of its FUM is held in a single unlisted medicinal company.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Meet the new owner of CBA’s ultra high net worth business
All of CBA’s advisers and support staff have been offered roles at LGT Crestone, sources said.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Financial planners
A family road trip upended my thinking about how we advise retirees
Spending 130 hours in the car with my wife and daughters made me realise how easily we lose sight of what truly matters.
- Renato Mota
Case closed: Escala loses bid to restrict defecting partners
Paul Sealey and Jonathan Vickers‑Willis defected to rival LGT Crestone in 2023 amid a spate of departures.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- AI
AI science won the Nobel Prize, but can it fix your finances?
Artificial intelligence could help younger people grow their wealth, but there’s a risk it could also result in “quirky” – if not risky – portfolios.
- Tim Mackay
October 2024
Ex-Goldies duo sign US merchant bank for private credit push
Street Talk can reveal McMurdo and Walsh’s Privatus Capital Partners has signed an agreement with New York’s BDT & MSD Partners.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Financial advice just got cheaper. But there’s a catch
A change in the tax deductibility rules should mean Australians pay less the first time they use an adviser. But what is the downside?
- Michelle Bowes
KKR’s Colonial First State wants to buy up ‘sub-scale’ super funds
The wealth management giant said it had identified 60 smaller potential acquisition targets amid a broader consolidation of the retirement savings sector.
- Jonathan Shapiro
Bidder field narrows for CBA’s UHNW sale
Sources said those still in the running include Morgan Stanley Wealth Management, which last year pivoted towards the richest of the rich clients.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Financial advice is expensive – is it tax-deductible?
A change from the ATO has broadened the tax-deductibility of some financial advice fees, which should make seeing an adviser for the first time a bit cheaper.
- Penny Wise
- Opinion
- Governance
How David Evans’ wealth vision went horribly wrong
The top stockbroker wanted to create a firm based on old world trust and integrity. But now its best chance of success lies in a retreat from life as a listed company.
- Jonathan Shapiro