News

Number of news items returned: 41 to 60 records of 439

"PictureWealth actively seeks Australia-wide financial services acquisitions - MD"

07 June 2018

(4354 views)

  "PictureWealth actively seeks Australia-wide financial services acquisitions - MD   PictureWealth, a private Perth, Australia-based integrated technology and financial advisory company, is ...

Mark's Presentation from our Queensland Small Business Week 2018 Breakfast

01 June 2018

(5951 views)

Mark's Presentation from our Queensland Small Business Week 2018 Breakfast   Thank you to those who were able to attend our informal ...

Presentations, Events and News - Funding Strategies Connect May 2018

01 June 2018

(4990 views)

  Presentations, Events and News - Funding Strategies Connect May 2018   Dear Readers, Welcome to the May 2018 edition of Funding Strategies Connect! This ...

"Walker Capital’s Investment Strategy Shows Excellent Gain"

28 May 2018

(5874 views)

  "Walker Capital’s Investment Strategy Shows Excellent Gain On behalf of Walker Capital, I am delighted to announce that our High ...

PictureWealth keynotes at CPA Public Practice Conference

22 May 2018

(5523 views)

"PictureWealth keynotes at CPA Public Practice Conference I am very pleased to announce PictureWealth’s participation in the upcoming CPA Pubic Practice ...

Market Review: Dealer Trade vs TradeRev

14 May 2018

(5458 views)

  "Market Review: Dealer Trade vs TradeRev   A key question which we are always asked is: How do we quantify the value ...

"Guarda Group has buyer interest but is focused on boosting revenue - CEO"

11 May 2018

(6112 views)

  "Guarda Group has buyer interest but is focused on boosting revenue - CEO   Guarda Group, a Perth-based Australian manufacturer of concrete-cutting ...

Director Briefing with Craig Penty, Guarda Group Holdings

10 May 2018

(6192 views)

    Director Briefing with Craig Penty, Guarda Group Holdings   In this Director Briefing, Craig Penty, Managing Director of Guarda Group Holdings Pty ...

Guarda's Enviro Chasing Services update

09 May 2018

(6175 views)

Guarda Group Holdings' MD, Craig, Penty, provides this update: "We have been lobbying government in WA for a number of years ...

Dealer Trade goes from strength to strength

30 April 2018

(6947 views)

  Dealer Trade Holdings announced that its subsidiary CarRecord has entered into a partnership with Gumtree. Since the integration in late ...

Breakfast Invitation, Lessons and News - Funding Strategies Connect April 2018

30 April 2018

(6584 views)

  Breakfast Invitation, Lessons and News - Funding Strategies Connect April 2018   Dear Readers, Welcome to the April 2018 edition of Funding Strategies ...

Mark's lessons on capital raising

27 April 2018

(7033 views)

  Mark's lessons on capital raising: Make sure material arrangements are supported by appropriate documentation; Be flexible on how the investment might be ...

Guarda Group signs up major clients

26 April 2018

(7038 views)

  "Guarda Group signs up major clients   On behalf of Guarda Group Holdings, I am delighted to announce that our Perth based ...

Queensland Small Business Week 2018 - Breakfast

19 April 2018

(7095 views)

Queensland Small Business Week 2018 - Breakfast As part of Queensland Small Business Week 2018, Dr Mark Rainbird and his team ...

OpenPort Announces the Launch of the OEL Foundation to Promote Blockchain Innovation within the Supply Chain Industry

19 April 2018

(6722 views)

"OpenPort Announces the Launch of the OEL Foundation to Promote Blockchain Innovation within the Supply Chain Industry   Hong Kong – April 19, ...

"OpenPort actively seeking investors for blockchain transport technology reverse takeover - CEO"

12 April 2018

(7505 views)

  "OpenPort actively seeking investors for blockchain transport technology reverse takeover - CEO OpenPort, a Hong Kong-based global blockchain transport management technology ...

AqMB Holdings - Director Briefing with Darren Szczepanski

10 April 2018

(7846 views)

  In this Director Briefing, Darren Szczepanski, Managing Director of AqMB Holdings Pty Ltd (AqMB Holdings, the Company) discusses: Innovative water treatment ...

"Cyber Research turns down buyers to build more value ahead of potential exit - CEO"

10 April 2018

(7553 views)

  "Cyber Research turns down buyers to build more value ahead of potential exit - CEO Cyber Research, a private Brisbane, Australia-based ...

"Copper supply crunch earlier than predicted — experts"

10 April 2018

(2192 views)

"Copper supply crunch earlier than predicted — experts   Copper demand will surpass supply earlier than expected, with the first clear ...

"Copper pipeline lowest in a century"

06 April 2018

(2153 views)

"Copper pipeline lowest in a century   Appetite for copper-mining assets is picking up after prices climbed in 2017 to the highest ...

A Perfect Storm for PictureWealth

21 June 18

 

A Perfect Storm for PictureWealth

 

"PictureWealth’s capital raise is off to a good start with the company having successfully banked $645k, in addition to the $1.2m already raised, with current momentum indicating early investment is key as PictureWealth takes the lead in this space.[...]

Recent media about the challenges in the financial services industry has highlighted a perfect storm for PictureWealth. Three key events that prove a compelling case for the business model are:

  1. The mass financial adviser exodus meaning that $900 billion will be looking for a new home within the next 5 years as the reality of tougher educational standards sets in. These orphaned clients are well placed to be serviced by the digital financial advice platform that PictureWealth has built;
  2. The Banking Royal Commission has decimated the reputation of some the largest financial institutions with key assets now available for purchase. Moreover, one of the big financial services licensees has been wound up triggering advisers and clients alike to find a new home; and
  3. The Open Banking regime has been earmarked for mid-2019, leaving PictureWealth well ahead of the curve as a FinTech that can interact with, and act on the data that we will be available to access.

PictureWealth’s goal is aligned with this disruption in moving the old world of finance into the new, and creating some great outcomes for the people that they service. Moreover, it creates sizable opportunity for the partners that they collaborate with."

 

David Pettit, Managing Director & Founder, Picture Wealth Pty Ltd, 21 June 2018.

Please read the full announcement via the link below.

Additional Documents

20180621_PictureWealth_Raises_Capital_Announcement1