HUB24 sees $4bn net inflows, advances HTFS takeover

HUB24 has reported strong Q3 results delivering platform net inflows of $4 billion, up 9% on the prior corresponding period (pcp) when excluding large migrations.

Platform funds under administration (FUA) as at March 31 was $127.8 billion, up 25% on pcp. However, strong net inflows were offset by negative market movements of $4.1 billion.

"This record March quarter of net inflows was the result of a strong year-on-year growth in retail net inflows, with institutional flows impacted by a one-off outflow from an institutional client in March," HUB24 said.

During the quarter, 37 new licensee agreements were signed and the total number of advisers using the platform increased by 272 to 5549, up 11% on pcp.

"In the context of market volatility, the business remains resilient with ongoing momentum in net inflows reflecting our innovative market-leading products and solutions, customer service excellence and the strength of our relationships," HUB24 said.

"Operating in structurally growing markets driven by demographic trends, compulsory superannuation, and a strong pipeline of opportunities from new and existing relationships, HUB24 is well positioned for sustained growth."

In addition to the strong results, HUB24 said it will advance its acquisition of HTFS Nominees.

HTFS Nominees became trustee of HUB24 Super in 2020, replacing Diversa Trustees.

Following the announcement in January 2026 that HUB24 intended to transition the role of the trustee for the HUB24 super fund into the HUB24 group, due diligence has now been completed.

HUB24 said it has exercised the call option to acquire HTFS Nominees, the trustee for the HUB24 super fund and a subsidiary of EQT Holdings.

"The consideration to be paid to EQT for the acquisition of HTFS is nominal. On completion of the transition, the integration of HTFS is not anticipated to have a material financial impact on HUB24's EBITDA in FY27 and beyond," HUB24 said.

The acquisition is subject to APRA and other regulatory approvals and is expected to be complete by the end of 2026. HTFS will continue to provide trustee services to the HUB24 super fund until the acquisition is complete.

"HUB24 is well-positioned to continue to support the best interests of HUB24 super fund members and will collaborate with EQT throughout the transition period to fulfill ongoing regulatory obligations and adhere to best practice governance principles," HUB24 said.