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Showing 1 - 10 of 292 results for "Praemium"

Iress sells mortgages arm to Bain Capital

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
... be completed by the middle of the year. The transaction follows Iress offloading its platform business last month to Praemium for $1 million cash and additional $20 million over 18 months if certain milestones are met. Last year, Iress also sold its ...

Managed account FUM closes in on $200bn milestone

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... organisations, including BT Panorama, Clime Asset Management, DASH, Elston, HUB24, Insignia Financial, Macquarie, and Praemium.

Iress share price jumps on takeover rumours

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... superannuation. It is currently divesting the mortgages business in the UK and recently sold the OneVue Platform Business to Praemium, while SS&C scooped up the managed funds administration business for $52 million. Shortly after Price was appointed ...

Centrepoint Alliance targets further growth with new platform

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
... added that the platform will complement the 12 platforms already available on its approved product list, including AMP, Praemium, HUB24 and Netwealth, in line with its position as an open architecture provider. "The pending launch of the IconiQ Platform ...

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
Iress has offloaded its platform business with $4 billion in funds under advice (FUA) to another ASX-listed firm. Praemium will soon be the new owner of Iress's OneVue Platform Business (IOPB), agreeing to pay $1 million in cash and an additional ...

Investment Trends ranks top five platforms

ANDREW MCKEAN  |  THURSDAY, 15 FEB 2024
... Netwealth. In the report's analysis of platform developments aimed at supporting the provision of advice to clients, Praemium, BT Panorama, and Mason Stevens were also recognised for superior platform functionality. However, the report underscored that ...

Centric hires chief client officer

CHLOE WALKER  |  MONDAY, 12 FEB 2024
... Morris joins from Sequoia, which he joined in August 2023 as chief operating officer. Prior, he spent seven years at Praemium as chief distribution officer before departing following a strategic review. Centric stated that Morris's extensive experience ...

Powerwrap bleeds $334m in outflows

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
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 ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... the previous financial year to 0.25% in the current period, chiefly because of lower trading volumes and cash balances. Praemium chief executive Anthony Wamsteker spooked markets, saying that the duration of the "relatively subdued activity" remains ...

Praemium partners for adviser insights

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
A new strategic partnership between Praemium and researcher CoreData aims to deliver research-driven product enhancements, client education initiatives, and thought leadership from the industry. Firstly, in using CoreData's research capabilities ...
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