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Showing 31 - 40 of 421 results for "Netwealth"

Adviser sentenced over accessing client accounts

CHLOE WALKER  |  FRIDAY, 3 FEB 2023
... financial adviser John Wertheimer has been convicted and sentenced for making unauthorised client transactions on the Netwealth platform. Specifically, Wertheimer was convicted on one count of providing a financial service on behalf of a person who carries ...

Netwealth rolls out platform enhancements

CASSANDRA BALDINI  |  FRIDAY, 3 FEB 2023
Netwealth has advanced its client account notification and task-tracking tool available on its platform. The upgrade and release of "Activities" will allow advisers and clients to track and respond to tasks, such as corporate actions and account notifications ...

Fintech predictions for 2023: Finura

CASSANDRA BALDINI  |  TUESDAY, 31 JAN 2023
... platforms, Finura said data suggests the platform space is emerging as a "three-horse race" for growth between HUB24, Netwealth and Macquarie. "We will still believe Praemium is likely to be involved in a merger and acquisition (M&A) transaction at some ...

Netwealth reports FUA increase

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
Netwealth's funds under administration (FUA) increased by $4.3 billion in the December quarter, bringing the total to $62.4 billion. Netwealth said its FUA increased a total of $5.8 billion in the 12 months to December, representing a growth of 10.2%. ...

4.3m Australians invest responsibly: Report

CASSANDRA BALDINI  |  MONDAY, 24 OCT 2022
... Australians over the age of 18 hold responsible investments in their portfolio, representing approximately 4.3 million people. Netwealth's Investing for good report shows that 22% of Australians are investing responsibly and the figure is set to rise ...

Netwealth FUA sits at $58bn

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
... expected to launch in Q2 of FY2023. It added that the interest it's received so far in the offering is very strong. Netwealth also said it won a "large institutional client" during the quarter, with $570 million transitioned. It added that its pipeline ...

Advice technologies seeing adoption boom

CASSANDRA BALDINI  |  WEDNESDAY, 28 SEP 2022
... highlighted several technologies that are experiencing high year-on-year growth and adoption by financial advice firms. Netwealth's 2022 AdviceTech Report identified niche technologies and those growing in popularity by AdviceTech Stars and firms overall. ...

Former financial adviser pleads guilty

CASSANDRA BALDINI  |  TUESDAY, 20 SEP 2022
... Wealth Advisory Pty Ltd to service a group of clients. ASIC said in May 2020 he made 48 unauthorised transactions on the Netwealth trading accounts belonging to 36 clients of Picture Wealth. Those transactions were processed without the knowledge or ...

Chant West launches platform rankings

CASSANDRA BALDINI  |  TUESDAY, 30 AUG 2022
... ratings are a new service, Chant West has already rated five of the market's key platform providers. AMP's MyNorth, Netwealth Accelerator and BT Panorama all received five apples, while Colonial First State FirstWrap Plus and Macquarie Consolidator II ...

Michael Heine steps back at Netwealth

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2022
Effective October 1, Matt Heine will become the sole managing director of Netwealth, as his father steps back from day-to-day management. The news came as part of Netwealth's results announcement this morning, with Netwealth saying Michael Heine ...