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Financial planning

This Month

Grant Hackett says the managed account market could hit $1 trillion.

GDG storms ‘trillion-dollar’ planner wealth market with Evidentia buy

Olympic gold medallist Grant Hackett is turbocharging the group’s expansion into managed accounts and into the sharemarket’s top 200.

  • Jonathan Shapiro

Mutual Trust loses its $500m Mann in Sydney

Mann had overseen about $500 million in client assets and nearly $1.8 million in annual revenues at Mutual Trust.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

January

Six easy steps to retirement readiness (and one hard one)

There are no courses on how to plan for retirement, so we have done some of the work for you.

  • Andrew Hobbs
Tim Eustace is both an accomplished businessman and property investor.

Lightning strikes twice for star financial adviser; $30m sale afoot

The co-owner of Baz Luhrmann and Catherine Martin’s historic Sydney mansion Iona, Tim Eustace, is close to selling his business for $30 million.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

December 2024

Get ahead financially.

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
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You could soon be getting financial advice from a made-to-order avatar.

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
While many in their 30s may not realise at the time, this decade presents significant wealth-building opportunities.

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
Star financial adviser Charlie Viola is betting on NRL player Cooper Cronk to bring in new clients after a management buyout.

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
Perpetual Chairman Tony D’Aloisio with Perpetual CEO Bernard Reilly prior to the Perpetual AGM.

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

JustFund came fifth in the Australian Financial Review’s Fast Starters list for 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 recommended a shake-up of the financial advice sector.

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
Pantheon Ventures’ Jeff Miller and Charlotte Morris in Melbourne, ahead of the new fund.

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
More than a third of the Merchant Opportunities fund is held in an unlisted German cannabis company.

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
CBA boss Matt Comyn doesn’t see a future in advising HNW clients.

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
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The highlight was 130 hours spent in the car with my wife and daughters.

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
Escala has been hit by a spate of departures amid concerns over its pay structure.

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
AI can be useful in financial advice, but caution is needed says Tim Mackay.

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

James McMurdo in his Goldman Sachs days.

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
A change in tax treatment will lower the cost of upfront financial advice.

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

Original URL: https://www.afr.com/topic/financial-planning-hz8