Insignia Financial Management

Management criteria checks 3/4

Insignia Financial's CEO is Scott Hartley, appointed in Mar 2024, has a tenure of less than a year. total yearly compensation is A$1.09M, comprised of 39.1% salary and 60.9% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth A$172.36K. The average tenure of the management team and the board of directors is 2.2 years and 5.1 years respectively.

Key information

Scott Hartley

Chief executive officer

AU$1.1m

Total compensation

CEO salary percentage	39.1%
CEO tenure	less than a year
CEO ownership	0.008%
Management average tenure	2.2yrs
Board average tenure	5.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Scott Hartley's remuneration changed compared to Insignia Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$1m	AU$426k	-AU$185m

Compensation vs Market: Scott's total compensation ($USD703.24K) is below average for companies of similar size in the Australian market ($USD1.45M).

Compensation vs Earnings: Insufficient data to compare Scott's compensation with company performance.

CEO

Scott Hartley

less than a year

Tenure

AU$1,089,245

Compensation

Mr. Scott Hartley, BBus, GAICD, serves as Chief Executive Officer and Executive Director at Insignia Financial Ltd. since March 01, 2024. He served as Chief Executive Officer of Australia Wealth Management...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Scott Hartley	CEO & Executive Director	less than a year	AU$1.09m	0.0079% A$ 172.4k
David Chalmers	Chief Financial Officer	4.7yrs	AU$1.39m	0.011% A$ 233.6k
Frank Lombardo	Acting Chief Technology Officer	2.8yrs	AU$1.06m	0.029% A$ 630.4k
Garry Mulcahy	CEO of MLC Asset Management	less than a year	AU$1.33m	no data
Anvij Saxena	Chief Risk Officer	1.7yrs	AU$1.60m	no data
Jason Sommer	Chief Operating Officer	less than a year	no data	no data
Lawrence Hastings	Chief Legal Officer	4.8yrs	no data	no data
Melissa Walls	Chief People Officer	no data	no data	no data
Martin Breckon	Head of Technical Services	no data	no data	no data
Andrew Ehlich	General Manager of Capital Markets	no data	no data	no data
Gideon Lipman	Head of Product	2.2yrs	no data	no data
Kenneth Ghi	Head of Insurance	2.2yrs	no data	no data

2.2yrs

Average Tenure

Experienced Management: IFL's management team is considered experienced (2.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Scott Hartley	CEO & Executive Director	less than a year	AU$1.09m	0.0079% A$ 172.4k
Elizabeth Flynn	Independent Non-Executive Director	9.2yrs	AU$265.26k	0.0073% A$ 159.3k
Allan Griffiths	Independent Non-Executive Chairman	10.3yrs	AU$396.98k	0.030% A$ 649.9k
Gai McGrath	Independent Non-Executive Director	less than a year	AU$69.19k	0.0026% A$ 56.9k
Michelle Somerville	Independent Non-Executive Director	5.1yrs	AU$262.86k	0.0048% A$ 104.4k
John Selak	Independent Non Executive Director	8.1yrs	AU$258.12k	0.023% A$ 504.7k
Jodie Hampshire	Independent Non-Executive Director	less than a year	AU$35.00k	0.0060% A$ 130.0k
Andrew Bloore	Independent Non-Executive Director	5.2yrs	AU$222.82k	0.0088% A$ 189.9k

5.1yrs

Average Tenure

Experienced Board: IFL's board of directors are considered experienced (5.1 years average tenure).

Insignia Financial Management

Management criteria checks 3/4

Key information

Recent management updates

Insignia Financial Ltd. Announces Resignation of William Linehan as Company Secretary

Independent Non-Executive Chairman recently bought AU$232k worth of stock

Insignia Financial Ltd. Appoints Joseph Volpe as Company Secretary

Insignia Financial Ltd. Announces CEO Changes

Insignia Financial Ltd., Annual General Meeting, Nov 21, 2024

Insignia Financial Ltd. Announces Executive Changes

Recent updates

AMP Reportedly May Look to Do Deal with Insignia Once Business Settles Down

Insignia Financial Ltd. Announces Resignation of William Linehan as Company Secretary

Independent Non-Executive Chairman recently bought AU$232k worth of stock

Full year 2024 earnings released: AU$0.28 loss per share (vs AU$0.007 profit in FY 2023)

Insignia Financial Ltd. Appoints Joseph Volpe as Company Secretary

Upcoming dividend of AU$0.093 per share

First half dividend of AU$0.093 announced

First half 2024 earnings released: AU$0.075 loss per share (vs AU$0.005 loss in 1H 2023)

Insignia Financial Ltd. Announces CEO Changes

Insignia Financial Ltd., Annual General Meeting, Nov 21, 2024

WT Financial Group Limited (ASX:WTL) executed a share sale agreement to acquire Millennium3 Financial Services Pty Ltd from Insignia Financial Ltd. (ASX:IFL) for AUD 2 million.

Insignia Financial Ltd. Announces Executive Changes

Insignia Financial Ltd. Announces Renato Mota Steps Down as CEO

Upcoming dividend of AU$0.093 per share at 7.2% yield

Insignia Financial Ltd. Announces Fully Franked Final Ordinary Dividend for Six Month Ended June 30, 2023, Payable on October 3, 2023

New minor risk - Profit margin trend

Australian Unity Limited entered into an agreement to acquire IOOF Ltd. from Insignia Financial Ltd. (ASX:IFL) for AUD 40 million.

Australian Unity Limited entered into an agreement to acquire IOOF Ltd. from Insignia Financial Ltd. (ASX:IFL) for AUD 40 million.

Now 20% undervalued

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Upcoming dividend of AU$0.10 per share at 7.4% yield

First half 2023 earnings released: AU$0.005 loss per share (vs AU$0.056 profit in 1H 2022)

Senior management team of JANA Investment Advisers Pty Ltd entered into a a binding Share Sale Agreement to acquire 45% stake in JANA Investment Advisers Pty Ltd from Insignia Financial Ltd. (ASX:IFL).

Insignia Financial Ltd. to Report Q2, 2023 Results on Jan 25, 2023

EQT Holdings Limited (ASX:EQT) acquired Australian Executor Trustees Limited from Insignia Financial Ltd. (ASX:IFL).

Insufficient new directors

Prospective Buyers Reportedly Eye Off Embattled Bravura

Insufficient new directors

Insignia Financial Ltd. Announces Executive Appointments

Insignia Financial Ltd. Announces Executive Appointments

Upcoming dividend of AU$0.12 per share

Full year 2022 earnings released: EPS: AU$0.042 (vs AU$0.26 loss in FY 2021)

Insignia Financial Ltd. Announces Second Half 2022 Fully Franked Final Ordinary Dividend, Payable on 29 September 2022

EQT Holdings Limited (ASX:EQT) agreed to acquire Australian Executor Trustees Limited from Insignia Financial Ltd. (ASX:IFL) for AUD 135 million.

Upcoming dividend of AU$0.12 per share

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Insignia Financial Ltd. Declares Interim Dividend for the Six Months Ended 31 December 2021, Payable on April 1, 2022

Upcoming dividend of AU$0.12 per share

Full year 2021 earnings released: AU$0.24 loss per share (vs AU$0.16 profit in FY 2020)

IOFF Confirms No Sale Process for Antares Capital or Intermede Investment Partners

IOOF Holdings Ltd (ASX:IFL) completed the acquisition of MLC Wealth Management Limited from National Australia Bank Limited (ASX:NAB) for AUD 1.4 billion.

IOOF Likely to Divest Antares as it Assesses MLC Assets

IOOF Holdings Ltd to Report First Half, 2021 Results on Feb 24, 2021

New 90-day low: AU$3.14

Investor sentiment deteriorated over the past week

IOOF Announces Changes to External Platform Arrangements

New 90-day high: AU$3.89

New 90-day low: AU$3.04

Independent Non Executive Director recently bought AU$141k worth of stock

IOOF Holdings Ltd (ASX:IFL) entered into an agreement to acquire MLC Wealth Management Limited from National Australia Bank Limited (ASX:NAB) for AUD 1.4 billion.

IOOF Holdings Ltd has completed a Follow-on Equity Offering in the amount of AUD 1.04 billion.

New 90-day low - AU$3.27

New 90-day low - AU$4.37

New 90-day high - AU$5.43

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure