Advice profession slips below 15.6k adviser mark
With a weekly loss of 14 advisers led by declines at Count Financial, the financial advice industry has fallen below the 15,600 line.
Source: moneymanagement.com.au
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Which licensee has seen the highest adviser losses FYTD?
Wealth Data has revealed which financial advice licensee has lost the greatest number of advisers this financial year-to-date, with the firm declining by 59 advisers over the period.
Source: moneymanagement.com.au
CBA results at a glance
Commonwealth Bank reported a net profit of A$4.8 billion for the six months to December 2023 – a fall of 8 per cent compared with the previous corresponding period.
Source: bankingday.com
Count announces its first acquisition of 2024
The financial advisory business has made its first acquisition of the year, with one of its Victorian subsidiary firms purchasing an accounting practice.
Source: moneymanagement.com.au
CBA's Matt Comyn loses his right-hand man, the meticulous David Cohen
Over 15 years at CBA, David Cohen has seen it all. On his retirement, he provides a potted history of the bank’s numerous troubles and its transformation.
Source: afr.com