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Showing 61 - 70 of 495 results for "netwealth"

HUB24 share price, FUA skyrocket

KARREN VERGARA  |  TUESDAY, 15 OCT 2024
... recorded net inflows of $4 billion in the quarter to September and $3.1 billion of positive market movements. Competitor Netwealth is not far behind, reporting a total FUA to $95.4 billion. HUB24 has a total of 4720 advisers using its platform. Retail ...

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 ...

Former industry fund chief in new role

ELIZABETH FRY  |  FRIDAY, 13 SEP 2024
... difference, including the small-cap Prime Value Emerging Opportunities Fund, which is available via platforms including Netwealth, uXchange, Mason Stevens, Hub24 and BT Panorama, Praemium and AMP North," he said. "I have watched with interest as the ...

Netwealth FUA nears $90bn

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... held $583,000, driven by high-net-worth (HNW) and private clients. Nearly 3800 financial intermediaries are using the Netwealth platform. Netwealth's client base is made up of 61% retail investors, 22% are HNWs, 10.2% are ultra HNWs and family offices ...

'Unrealistic overconfidence' major issue for new advice clients

ELIZA BAVIN  |  FRIDAY, 2 AUG 2024
... has identified how financial advice firms can bridge the value gap for prospective clients to get them on their books. Netwealth's 2024 Advisable Australian research, conducted in partnership with The Lab Strategy, found the barriers to advice are not ...

SSGA expands risk-based ETF model portfolios

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
... High Growth investment option. The High Growth model will be available to financial advisers on the Praemium, HUB24 and Netwealth platforms this month. It will complement SSGA's three existing risk-based portfolios - Moderate, Balanced and Growth - that ...

Smaller super funds eye AustralianSuper, ART dominance

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... FY23. In APRA's latest figures, the HUB24 Super Fund, with only 136,260 members, had $32.1 billion in assets. The Netwealth Superannuation Master Fund had 96,670 members and $28.8 billion. New entrant to the super sector, Vanguard Super, had 12,850 ...

Market pessimism over Insignia 'overblown'

ELIZA BAVIN  |  WEDNESDAY, 29 MAY 2024
... operating margins stabilise, debt serviceability should improve," the analysis found. "Comparable peers like HUB24 and Netwealth have achieved higher profitability despite having less funds under administration, or FUA, than Insignia." Ler said he still ...

T. Rowe Price hires to strengthen adviser relationships

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
... T. Rowe Price head of intermediaries for Australia and New Zealand Jonathon Ross. Banasiak joins T. Rowe Price from Netwealth where she worked as a training and relationship manager and then as business development manager covering NSW and ACT. Prior ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... with giants like AustralianSuper and Australian Retirement Trust included alongside smaller players like AMG Super, Netwealth and Praemium. Despite her comments on scale, Constant said there was no evidence found to suggest that the size of funds influenced ...