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Morgans

May 2024

Adriatic Metals’s flagship project is the Vares silver mine.

Dual-listed Adriatic Metals prepares equity raising; Orion in selldown

Major shareholder Orion – owner of 8.2 per cent – plans to cash out of at least half of its shareholding. 

  • Sarah Thompson, Kanika Sood and Emma Rapaport

April 2024

Broking bad: ASIC ‘threat’ fears about Morgans revealed

The corporate cop dealt with problems brewing at leading stockbroker Morgans for three years before a public crackdown. New documents detail the scale of its concern.

  • Liam Walsh

October 2023

Philip Lee, who was Morgans executive director in its corporate advisory arm, appears at the hearing on Wednesday.

Morgans denies voting breach in failed dental-chain spat

The national stockbroking chain rejected allegations that investor shares in Smiles Inclusive were voted without authorisation.

  • Liam Walsh

April 2023

Michael Mansfield, a little sun-kissed after watching the F1 Grand Prix with sons Max, 14, and Jai, 12, moved into the business world after playing AFL.

The Disneyland trip that guided this AFL player to wealth management

Michael Mansfield has forged a successful career in financial advice after playing in three AFL grand finals for Geelong and surviving two open-heart surgeries.

  • Gus McCubbing

July 2022

Morgans has been under the microscope about advice.

Morgans tries to fend off AFCA probes into ex-adviser

Is a complaint too old? National stockbroker Morgans is taking on a federal complaints authority about its jurisdiction.

  • Liam Walsh
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March 2022

Paradigm Biopharmaceuticals chair Paul Rennie bought the dip.

Paradigm Biopharmaceuticals blues with Morgans

Any Morgans clients who moved quickly on the retail broker’s advice to dump Paradigm Biopharmaceuticals must be ruing their timing.

  • Myriam Robin

August 2021

Jamie Pherous of Corporate Travel.

Corporate Travel: Sydney lockdown smashing local sector

The company says its big growth prospects are overseas, but warns that government packages are needed in Australia.

  • Liam Walsh

May 2021

Morgans were targeted over advice at its former Springwood branch in southeast Queensland.

Rogue branch lawsuit prompts Morgans payout offer

Internal probes had raised alarms about the branch at one of Australia’s biggest retail stockbrokers.

  • Liam Walsh
Street Talk.

Ord Minnett taps ex-Morgans banker for corporate finance

Stockbroker Ord Minnett has hired former Morgans banker Michael Johnston as a managing director for its corporate finance team in Sydney. 

  • Sarah Thompson, Anthony Macdonald and Tim Boyd

February 2021

Michael Gu's iProsperity Group tapped money from significant investor visas.

The dark edge of Australia’s ‘golden ticket’ visa

Australia’s significant investor visa scheme has raked in $12 billion from people flocking to our shores. Occasionally, things go wrong.

  • Liam Walsh

July 2020

'Make real money': Client sues over 'sophisticated' investor tag

A woman who says she lost hundreds of thousands of dollars investing in Blue Sky claims she was wrongly steered to class herself as a “sophisticated” investor.

  • Liam Walsh

June 2020

Morgans senior analyst Ivor Ries is retiring.

Morgans senior tech and media analyst retires

There's a changing of the guard at stockbroker Morgans' research team. 

  • Sarah Thompson, Anthony Macdonald and Tim Boyd

May 2020

FoI documents from ASIC reveal a branch of Morgans was involved in "concerning" breaches.

Breaches uncovered at under-fire Morgans branch

The former branch of the wealth management-stockbroking giant had already been targeted in lawsuits claiming bad advice.

  • Liam Walsh

April 2020

The Blue Sky fund for the Coral Cay motel in Mackay was among those cited in the case.

'Not personal advice': Morgans defends Blue Sky tip

The national stockbroker and a Mackay branch manager say an investor had signed up as a sophisticated investor.

  • Liam Walsh

March 2020

Jamie Pherous of Corporate Travel Management.

Corporate Travel has enough money... today

Corporate Travel refuses to simply say how much cash it’s got left, which means not very much.

  • Joe Aston
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February 2020

Enviropacific specialises in land remediation.

Tony Shepherd-chaired environmental services business seeks listing

The turmoil at Transurban's $6.7b West Gate Tunnel project could be an opportunity for ASX aspirant Enviropacific.

  • Sarah Thompson, Anthony Macdonald and Tim Boyd

January 2020

Mike Timoney. formerly Smiles Inclusive chief executive.

Morgans' corporate arm role in dental spat revealed

The divide between a stockbroker's client advisers and corporate-fundraising arms is in the spotlight.

  • Liam Walsh
Morgans is looking at trading for an adviser later permanently banned by ASIC.

Leading stockbroker launches secret review of rogue traders

The stockbroker is looking at compensation - but limitations worry some.

  • Liam Walsh
Morgans executive chairman Brian Sheahan says LICs and LITs are used as part of a broader portfolio construction and allow brokers to give their clients diversity.

ASIC targets brokers over 'poor' funds

The corporate regulator will audit stockbrokers being paid commissions by fund managers and investigate misselling of poor performing listed investment funds to retail investors.

  • John Kehoe

December 2019

1ST Group was raising on Wednesday morning.

Morgans raising for 1stGroup

Healthcare and corporate online search and appointment booking service 1stGroup was rattling the tin for $4.5 million on Wednesday morning. 

  • Sarah Thompson, Anthony Macdonald and Tim Boyd

Original URL: https://www.afr.com/topic/morgans-financial-limited-1n69