The wealth management technology provider has recruited former Iress chief executive Andrew Walsh as chairman as it gears up for an initial public offering.
Research house Lonsec will acquire investment consultancy Implemented Portolios to create a $5 billion player in the rapidly growing market for so-called managed accounts.
SYDNEY: Westpac Banking Corp has started inviting bids for its wealth management unit BT Panorama, according to people familiar with the matter, kicking off a sale of the country’s largest investment platform that has been a year and a half in the making.