Perth financial planners and former Test cricketers John "Sam" Gannon and Craig Serjeant are set to be two of the big winners from a $670 million takeover deal that will create Australia's third largest wealth manager.
PERTH company Plan B Financial Services has had four ownership models over the past 20 years, but new boss Terry Dillon argues the latest is the best yet.
THREE trends stand out when the salary packages of newly appointed chief executives at Western Australian companies are examined.First,the bigger the company the higher the salary.
Perth-based financial adviser Plan B Holdings has taken a 33 per cent stake in financial planning dealership My Adviser for $980,000 as part of a full takeover of the Queensland-based company over the next two years.
Perth-based wealth management firm Plan B Group Holdings has moved to full ownership of Melbourne based advisory business Strategic Financial Management.
Financial planning firm Plan B Group Holdings is optimistic about the remainder of the current financial year after it today reported a 31.8 per cent lift in its first-half net profit.
Microcap fund manager Acorn Capital has increased its stake in listed Perth-based financial planning firm Plan B Group Holdings to control almost 10 per cent of the voting power.
The general improvement in investment markets has lifted Perth-based Plan B Group Holdings' funds under management, administration or advice by 12.5 per cent in the September quarter.
The state's only listed financial planning firm, Plan B Group Holdings, suffered a tough year as falling equity markets eroded profits right across the financial services sector.
LISTED Perth-based financial planning firm Plan B Group Holdings is finalising the purchase of Aspire Finance's $240 million mortgage book in its second transaction of the calendar year.
A business acquisition has boosted Plan B Group Holding's funds under management, administration or advice by more than 18 per cent during the March quarter.
Wealth management company Plan B Group Holdings has paid some $7 million in cash and scrip to acquire a majority interest in Melbourne-based wealth advisory business, Strategic Financial Management.
An impairment charge to its New Zealand business and reduced levels in funds under management, administration or advice has impacted Plan B Group's earnings, which fell 52 per cent.
Further declines in world investment markets have affected wealth management company Plan B Group Holding's funds under management, administration or advice.
The decline in world investment markets has dented Perth-based wealth management company Plan B Group Ltd's funds under management, administration or advice.
Plan B Group Holdings Ltd says it is on track to achieve its existing profit forecast, after reporting that its funds under management increased by just 1.1 per cent last financial year.
Perth-based wealth management business Plan B Group Holdings Ltd expects its result for FY2008 will be 10% to 15% below the directors' forecast, assuming a continuation of present market conditions for the remainder of this financial year.
Perth-based boutique wealth management firm Plan B Group Holdings Ltd has announced a $4.3 million net profit, over the $4.2 million forecast in the company's recent initial public offer.
The initial public offer of Perth-based wealth management company Plan B Group Holdings Ltd has closed oversubscribed, having raised the maximum amount of $30 million.
Perth financial services company, Plan B, has substantially expanded its presence in New Zealand with the acquisition of a wealth management firm and a financial planning firm.
