IOOF Holdings Ltd

Overview

IOOF Holdings Ltd (IOOF) is a provider of financial advisory service, investment management, superannuation, retirement planning, and trustee services. The company’s offerings comprise general, single issue and comprehensive advices on investments, insurance and financial planning. Its investment solutions consist of multi manager funds, single asset investments, diversified funds, term deposits, short term money market funds, wealth building funds, and listed securities. IOOF provides superannuation and retirement solutions in the form of personal, employer and insurance solutions. In addition, the company offers trustee services that comprise of wills and estate planning, philanthropic services, custody services, debt funding, and estate administration. IOOF provides its services across Australia under Bridges, Australian Executor Trustees, Consultum, and Shadforth brands. IOOF is headquartered in Melbourne, Victoria, Australia.
Key Stats
Address
L 6 161 Collins St, MELBOURNE, Victoria
Headquarters

Australia

Contact

61 3 86144400

Website
www.ioof.com.au
No of Employees

1,300

Industry

Financial Services

Ticker Symbol & Exchange​

IFL [ASX]

Revenue (2021)

$927 m

22.4% (2021 vs 2020)
Net Income (2021)

$-99 m

-201.9% (2021 vs 2020)
Net Profit Margin

-11 %

-183% (2021 vs 2020)
Market Cap *

$2,212 m

EPS *

$-0.2

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters IOOF Holdings LtdChallenger LtdMagellan Financial Group LtdPerpetual Ltd
Key Information
Headquarters Australia Australia Australia Australia
Headquarter City MELBOURNE SYDNEY SYDNEY SYDNEY
Headquarter State/Province Victoria New South Wales New South Wales New South Wales
No. of Employees 1,300 738 139 1,166
Entity Type Public Public Public Public

Products & Services

IOOF is a provider of a range of wealth management solutions. Key products and services that are offered by the company include:

Products
  • Investment Management IOOF WealthBuilder
  • IOOF Pursuit
  • IOOF Pursuit Core
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Services
  • Estate Planning
  • Trustee Services
  • Financial Partnership Portfolio Service
  • Etiam Rutrum Elit
Brands
  • Bridges
  • Consultum
  • Lonsdale
  • Rutrum Elit
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  • Rutrum Elit
  • Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Lawrence Hastings Chief Legal Officer Senior Management 2020 - Mr. Lawrence Hastings has been the Chief Legal Officer of the company since January 2020. Prior to this, he served...
Frank Lombardo Chief Operating Officer Senior Management 2020 - Mr. Frank Lombardo has been the Chief Operating Officer of the company since March 2020. Prior to this, he served...
David Chalmers Chief Financial Officer Senior Management 2020 - Mr. David Chalmers has been the Chief Financial Officer of the company since March 2020. Prior to this, he served...
Allan Griffiths Chairman Executive Board 2019 - Mr. Allan Griffiths has been the Chairman of the company since April 2019. Prior to this, he served as the...
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History

Year Event Description
2021 Acquisitions/Mergers/Takeovers In June, the company completed the acquisition of MLC Wealth from National Australia Bank (NAB).
2021 Regulatory Approval In May, the company secured approval from The Australian Prudential Regulation Authority (APRA) to acquire…
2020 Others In December, the company terminated its 10-year master relationship agreement with Westpac Banking Corp.
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2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2018 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


RI Advice Group Pty., Ltd.

Address

242 Pitt St L 23, Sydney
Australia

Telephone

61 2 92621111

Website

www.riadvice.com.au
Lonsdale Financial Group Limited

Address

Level 41, 120 Collins Street, Melbourne
Australia

Telephone

61 3 9916 6300

Website

www.lonsdale.com.au
DKN Financial Group Limited

Address

Level 10, 30 Collins Street, Melbourne
Australia

Telephone

61 3 96670700

Oasis Asset Management Limited

Address

280 Keira Street, Wollongong
Australia

Telephone

61 2 42241000

Website

www.oasisasset.com.au
Bridges Financial Services Pty Ltd

Address

Level 22, 207 Kent Street, Sydney
Australia

Telephone

1800 645 303

Website

www.bridges.com.au
SFG Australia Limited

Address

Level 18, 50 Bridge Street
Australia

Telephone

61 02 92501500

Ord Minnett Ltd

Address

Level 8, NAB House, 255 George Street, Sydney
Australia

Telephone

61 02 82166300

Website

www.ords.com.au
Shadforth Financial Group Limited

Address

Level 17, 100 Pacific Highway, North Sydney
Australia

Telephone

61 2 9919 8888

Website

www.sfg.com.au

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
01 Sep 2020 IOOF Holdings Raises USD208.2 Million in Rights Offering of Shares Equity Offering IOOF Holdings Ltd
31 Aug 2020 IOOF Holdings to Raise USD332.84 Million in Private Placement of Shares Equity Offering IOOF Holdings Ltd
31 Aug 2020 IOOF Holdings Acquires MLC from National Australia Bank Acquisition IOOF Holdings Ltd MLC Wealth Management Limited
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07 Aug 2020 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
11 Oct 2019 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

50

Active Jobs

49

Posted

56

Closed

Job Trends

Latest Jobs

Job title Company Country
Senior Manager | Risk & Compliance IOOF Holdings Ltd Australia
Customer Solutions Specialist IOOF Holdings Ltd Australia
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
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