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DKN Background

DKN Financial Group Limited (DKN) is a leading financial services solutions provider to financial planning practices.

DKN acts as a buying group, using its scale to negotiate a range of quality products and services that financial advisers need to run a successful and profitable practice. These include;

Platform Solutions
Acquisition & Succession Solutions
Practice Management Solutions
Product Solutions

Listed on the Australian Stock Exchange, DKN Financial Group derives its core profits through recurring margins on funds under administration (FUA) in platforms and product, and profit contributions through DKN’s equity positions in a growing portfolio of financial planning practices.

DKN has a core client base of 150 quality practices that choose to remain non-aligned to the major financial institutions. These practices leverage off the scale of DKN while retaining choice, flexibility and autonomy.

DKN has added proven value to shareholders and financial planning practices, and is positioned to further enhance and create value in this market sector.

Latest News

FY2008 Results - DKN in good shape (25 August 2008)

DKN announced a strong profit improvement in our full year results for FY2008 to the market yesterday.

Due to your support, we performed very satisfactorily under extreme market difficulties since incorporating Wrap and Lonsdale as part of the consolidated group last year. The business was able to maintain strong net inflows despite challenging market conditions.

For more information please click here.

Latest Research Reports from Tolhurst, Austock & Ord Minnett (1 May 2008)

Research houses Tolhurst, Austock & Ord Minnett have released the latest research reports on DKN reducing 2H'08 underlying NPAT guidance to $5.3m vs a forecasted $5.6m and previous guidance of $5.9m.

Click links to access reports <Tolhurst report>, <Austock report>, <Ord Minnett report>.

DKN Performance Remains Robust in Volatile Market (30 April 2008)

<Click here> to access ASX announcement.