logo
Bell Potter trying to escape stockbroking ‘boom and bust' cycle

Bell Potter trying to escape stockbroking ‘boom and bust' cycle

Bell Financial, the ASX-listed owner of one of the country's most storied stockbroking firms, says it is accelerating its expansion into wealth management in the hope of diversifying away from an industry prone to booms and busts and one that is rapidly becoming more difficult.
The company was founded by stockbroker Colin Bell in 1970 and was listed on the ASX in 2007. It is best known for Bell Potter, which has grown from broking into corporate advisory and other services.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Fundies go bargain hunting on the ASX with these beaten down stocks
Fundies go bargain hunting on the ASX with these beaten down stocks

AU Financial Review

time2 hours ago

  • AU Financial Review

Fundies go bargain hunting on the ASX with these beaten down stocks

Four years ago, IDP Education shares were on their way to nearly $40. Now, the ASX-listed student placement and language testing business trades for less than $5, after enduring a long post-pandemic sell off and getting caught in a global clampdown on international student enrolments as governments in Australia, Canada and the United Kingdom set tough limits. Despite the steep share price decline, IDP remains one of the most heavily shorted stocks on the market. But not everyone is so pessimistic.

Live updates: Wall Street rally hit by profit taking, ASX set to slip ahead of key results, Qantas fine looms
Live updates: Wall Street rally hit by profit taking, ASX set to slip ahead of key results, Qantas fine looms

ABC News

time4 hours ago

  • ABC News

Live updates: Wall Street rally hit by profit taking, ASX set to slip ahead of key results, Qantas fine looms

Wall Street has eased from record highs as investors took some profits off the table, a sentiment that looks likely to be repeated on the ASX this morning. While results season rolls on, the big news of the day is likely to be the potentially massive fine in the Federal Court that Qantas faces for the illegal sacking of 1,800 workers during the pandemic. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store