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Showing 41 - 50 of 499 results for "netwealth"

Netwealth separates itself from First Guardian: 'A case of fraud'

ELIZA BAVIN  |  THURSDAY, 9 OCT 2025
Netwealth has continued to separate itself from the collapse of First Guardian, saying it was a "case of fraud". In its September quarterly business update, Netwealth said it was working cooperatively with industry bodies and regulators in relation ...

Full automation key for business success, but not investments

MATTHEW WAI  |  WEDNESDAY, 8 OCT 2025
... may result in compliance breaches. By shifting to automated data flows and calculations, firms reduce human error." Netwealth found that among AdviceTech Stars, automation is now embedded across core advice steps. AdviceTech Stars are advice firms that ...

Local custody assets hit record $5.6tn

JAMIE WILLIAMSON  |  FRIDAY, 22 AUG 2025
... achieving double-digit growth was Apex Group, which saw its overall assets under custody rise 14.1% to $40.6 billion and Netwealth, which jumped 11% to $112 billion. For both, almost all their assets are held in Australia. J.P. Morgan remains at the ...

Netwealth reports record FY25 results

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
Netwealth Group has delivered its results for the financial year ending June 30, recording "exceptional growth" across all key metrics. Netwealth recorded funds under administration (FUA) of $112.8 billion, which was a 28.2% surge from FY24, while total ...

HUB24 recruits Vanguard sales manager

MATTHEW WAI  |  THURSDAY, 31 JUL 2025
... The platform is currently on track to overtake Insignia Financial as one of the largest platform operators, alongside Netwealth, according to Morningstar. The firm predicts that both platforms will reach a 15% market share each by FY30.

HUB24, Netwealth projected to overtake Insignia: Morningstar

MATTHEW WAI  |  TUESDAY, 29 JUL 2025
Morningstar has revised its forecasts for HUB24 and Netwealth, with continued strong performance from the pair pushing their valuations higher. Total shareholder returns for HUB24 and Netwealth since the start of the year to 24 July 2025 were around ...

Netwealth sees $15.8bn in net flows

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
Netwealth has reported a $24.8 billion increase in total funds under administration (FUA), including a record $15.8 billion in FUA net flows. Total FUA at 30 June 2025 was at $112.8 billion, and increase of $8.7 billion for the quarter, including $3.8 ...

iCapital hires Insignia exec to open office

ELIZABETH FRY  |  THURSDAY, 5 JUN 2025
... for iCapital as it targets Asia-Pacific markets. In 2023, the platform partnered with Australian investment platform NetWealth to distribute global private market and hedge fund investments to financial advisers and their wholesale clients. The company's ...

Netwealth chair to retire, successor appointed

ANDREW MCKEAN  |  THURSDAY, 5 JUN 2025
Netwealth chair Tim Antonie, who's served as chair of the wealth management platform since February 2021, will retire from the board at the end of August. Antonie's successor is a former Future Fund board member who was appointed as an independent non-executive ...

Coller Capital hires from L1 Capital

KARREN VERGARA  |  TUESDAY, 22 APR 2025
... Investment Management as head of distribution. He's also held senior distribution roles at J.P. Morgan Asset Management, Netwealth and Credit Suisse. Last year, Coller Capital launched its first Australian-domiciled private equity secondaries fund. ...