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Privately licensed universe now makes up two-thirds of licensees

The growing privately licensed universe now makes up almost two-thirds of licensees. According to Adviser Ratings, in the last five years, there have been numerous changes to the makeup of the advice

UIL Ltd takes majority stake in West Hamilton

Bermudian-based West Hamilton Holdings Limited, the BSX-listed property holding company, has a new major shareholder. The change comes after a transaction between Somers Limited, a financial services .

Advice firms are warming up to provisional advisers, data suggests

Advice firms appear to be more comfortable taking on new advisers, new research has revealed. The latest statistics from Wealth Data have revealed an ongoing, strong growth in provisional advisers

Acquisitions underpin WT Financial Group results

WT Financial Group (WTL) EBITDA jumped to $3.92 million for FY22 from just $36,000 in FY21, driven by its recent acquisitions.

Significant revenue boost for WTFG after Synchron acquisition

WT Financial Group’s acquisition of Synchron and Sentry Group has created over $100 million in revenue in FY22. Synchron contributed around a third of the total despite only being in the company 10 weeks of the financial year.

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