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Showing 31 - 40 of 117 results for "platform market"

HUB24 posts record inflows

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... portfolios. HUB24 is now used by 2280 advisers. It has the second rank in net annual inflows, and 2.3% share of the platform market, according to Strategic Insights. Xplore Wealth acquisition, which is scheduled for February 12 shareholder vote, will ...

Powerwrap delists, Praemium takes over

ANNABELLE DICKSON  |  MONDAY, 12 OCT 2020
... incumbent platforms. The merged group will have a number of important differentiators from those in the Australian platform market including being the only adviser platform that operates in Australia, the United Kingdom and various other offshore markets. ...

Netwealth reports $43.8m in FY20 profits

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... translated into an NPAT of $43.8 million and total income of $123.9 million. It has the seventh-largest share of the platform market by FUA at 3.6% but received the largest net flows at $9.1 billion, according to Strategic Insight, March 2020. In the ...

Platforms reveal merger details

ANNABELLE DICKSON  |  FRIDAY, 31 JUL 2020
... offer will enable the merged group to have a number of important differentiators from those in the Australian platform market including being the only adviser platform that operates in Australia, the United Kingdom and various other offshore markets. ...

Beware adviser conflicts of interest: Lonsec

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
... conflicts of interest and conflicted remuneration for advisers. According to Rainmaker data, 29% of the investment platform market in Australia is in managed accounts already and that number is growing every year. According to Lonsec head of wealth management ...

Rush of advisers sign up before FASEA deadline

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... under advice was down for the December 2018 quarter. BT Financial Group remains the largest ownership group in the platform market with $139 billion in funds under advice, which accounts for 20% of the market. AMP is in second place with $111 billion ...

Smaller platforms continue to excel

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
... prowess, ranking first in the category. Investment Trends senior analyst King Loong Choi said Australia's platform market continued to innovate and develop new functionality in the last year despite facing difficult regulatory conditions. "Many platforms ...

Netwealth to benefit from RC fallout

HARRISON WORLEY  |  MONDAY, 18 FEB 2019
... market of its half-yearly financial performance this morning, the platform provider said strong flows towards the platform market were a key opportunity, but noted it could be expected to perform even better off the back of the Royal Commission. With ...

Praemium to upgrade platform

KANIKA SOOD  |  WEDNESDAY, 16 JAN 2019
... Michael Ohanessian said the new platform will allow the company to serve a much bigger part of the addressable platform market. "Clients will be able to choose Praemium as their primary platform, utilising our unique blend of superior reporting and rebalancing ...

AMP hires from MLC

KANIKA SOOD  |  THURSDAY, 1 NOV 2018
... investments Rod Finch. "Shaun is a highly experienced financial services executive, with extensive knowledge of the wrap platform market and wealth product management," Finch said. He starts in the role on November 19. Keating has already commenced as ...