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Showing 51 - 60 of 396 results for "FUA"

Netwealth celebrates $100bn amid 25th anniversary

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2024
Netwealth has marked 25 years in business by crossing $100 billion in funds under administration (FUA) on its platform. On November 28, Netwealth achieved FUA of $100 billion, comprised of $99.5 billion in custodial FUA and $0.7 billion non-custodial. ...

Bell Financial Group bids $51m for SelfWealth

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... November 12 closing share price of 12 cents. SelfWealth has nearly 130,000 active portfolios and funds under administration (FUA) of about $11 billion. The transaction will see BFG's FUA rise to $94 billion. At the end of June, SelfWealth had 128,700 ...

Institutional outflows ensure mixed quarter for Insignia Financial

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... inflows of $60 million. The Advised channel was the strongest contributor at $447 million into the MasterKey products. Wrap FUA was $98 billion, up $3.5 billion in the quarter. This was again attributed to strong markets, however net inflows of $231 ...

Praemium FUA up 33% to $60bn

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
... service, and virtually every growth metric has improved from the previous quarter," Wamsteker said. "The strong growth in FUA and portfolios on Scope and Scope+ highlights our market leading capability and represent a significant opportunity for Praemium. ...

HUB24 share price, FUA skyrocket

KARREN VERGARA  |  TUESDAY, 15 OCT 2024
HUB24's funds under administration (FUA) hit $113 billion at the end of September while its share price jumped 400% in the last five years. Inflows and the current bull market continue to bolster the platforms business. It recorded net inflows of $4 ...

Netwealth FUA soars, names new chief financial officer

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
Netwealth has reported a record quarterly increase in funds under administration (FUA) of $7.4 billion bringing total FUA to $95.4 billion thanks to new inflows and positive market movements. Total funds under management (FUM) also rose an impressive ...

Pitcher Partners executives launch advice firm

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
... aligning the service with its private business and family advisory (PBFA) practice. It currently has more than $1.2 billion in FUA and will be led by existing partners Martin Fowler and Jordan Kennedy, and principal Andrew Wilson. Pitcher Partners managing ...

E&P free of legacy issues, FUA jumps 26%

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... continue to struggle to access recourse. The ASX-listed wealth firm boasted it oversaw $29.4 billion in funds under advice (FUA) at the end of financial year 2024 for clients, whose numbers remained steady compared to the prior period. The wealth business ...

Sequoia ends FY24 with 350 advisers

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... a competitor," chief executive and managing director Garry Crole said. Advisers oversaw $12 billion in funds under advice (FUA) at the end of the period. Despite a challenging year for Sequoia at an industry level and in-fighting within its management ...

Praemium revenue grows to $85m

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... capability and resilience. "The second half of the year showed a significant improvement in revenue with higher margins, higher FUA and higher portfolio numbers," it said. Praemium chief executive Anthony Wamsteker said the company is entering 2025 with ...