Search Results | Showing 1 - 10 of 110 results for "Powerwrap" |
| | | ... $3.6 billion, raking in $1.4 billion of new business gross inflows since launching in October 2024. "Praemium SMA and Powerwrap platforms both had strong net inflows for the half year and recovered from the high level of past adviser exits which had ... |
| | | | ... where he led the investment governance team responsible for appointing and monitoring all securities on the Praemium and Powerwrap platforms. It is understood his role will be filled by investment analyst Elisha Cheah, a former Mercer staffer. Before ... |
| | | | ... due diligence before allowing its members to invest and failing to conduct adequate ongoing monitoring. Members of the Powerwrap Fund, Praemium Fund, and MAP Master Superannuation Plan together with its sub-plans, YourChoice Super and AusPrac, were exposed ... |
| | | | ... FUA. Praemium SMA also recorded net inflows of $237 million over the same period, lifting FUA to $13.6 billion, while Powerwrap delivered $131 million of net inflows with FUA now reaching $14 billion, "reflecting renewed adviser engagement and stabilisation ... |
| | | | ... delivering 14% growth to $12.9bn in FUA this year," Praemium chief executive Anthony Wamsteker said. "The acquisition of Powerwrap in 2020 added IDPS functionality, deepening our support for investor choice. This evolution culminated in the launch of ... |
| | | | ... product gap which we believe was preventing us from achieving the full potential of our high-quality technology offering." Powerwrap experienced the highest new outflows for the quarter of $700 million due to transitioning advisers. "The rate of outflow ... |
| | | | ... executive Anthony Wamsteker said. Meantime, separately managed accounts gained 10% with FUA coming in at $12.3 billion, and Powerwrap's FUA grew marginally to $13.3 billion, up 2%, but also had net outflows of $66 million. A further $32.3 billion is ... |
| | | | ... realisation, technology and product transition and transitional services," Wamsteker said. Despite the mostly positive result, Powerwrap's gross outflows from transitioning advisers were around $1 billion for the financial year and continued in the September ... |
| | | | ... Praemium is feeling the pressure from financial advisers moving advice groups and transitioning their clients away from Powerwrap. In its March quarterly update, Praemium chief executive Anthony Wamsteker said the Powerwrap scheme experienced $53 million ... |
| | | | Praemium's platform dedicated to the high-net-worth segment, Powerwrap, has lost $334 million in funds under administration (FUA) after a small number of financial advisers switched advice groups. The ASX-listed firm said the exit of advisers in the ... |
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