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Showing 1 - 10 of 100+ results for "FUA"

BT Panorama sees SMSF growth

CHLOE WALKER  |  WEDNESDAY, 20 APR 2022
BT has seen the SMSF funds under administration on its Panorama platform soar. According to its latest update, SMSF FUA on the platform sits at $26 billion as of March end. It's more than doubled year on year, having sat at $11.93 billion in March 2021. ...

IOOF reveals first results as Insignia

ELIZABETH MCARTHUR  |  THURSDAY, 24 FEB 2022
... period also saw Insignia undertake a simplification strategy for its platform, the Evolve21 program migrated $22.1 billion of FUA and 93,000 client accounts to Insignia's proprietary, platform Evolve. Evolve now administers $42 billion of client funds ...

HUB24 continues growth trajectory

ELIZABETH MCARTHUR  |  TUESDAY, 22 FEB 2022
... under administration for HUB24 grew to $68.3 billion, with $50 billion of that on the platform. It is significant platform FUA growth on the previous year, with $50 billion representing an increase of 128%. The platform had net inflows in the period ...

Mixed results for Netwealth

CHLOE WALKER  |  THURSDAY, 17 FEB 2022
... in employee benefit spend, mostly resulting from Netwealth adding more than 80 staff members. Funds under administration (FUA) grew by 46% to $56.7 billion The platform also enjoyed record inflows of $7.6 billion, a 71% increase. Netwealth boosted its ...

Managed accounts demand surges: BTFG

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
... managed accounts continues to rise," he said. There are about 6060 active advisers using Panorama, which has $108 billion in FUA in aggregate. Panorama was unusable for a week in early August 2021, leaving many advisers infuriated. Rady said having recently ...

Record FUA, revenue for Praemium

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... failed to make a profit in the half-year to December. The platform's revenue increased by 25% to $39.2 million, while total FUA increased by 43% to $49 billion. The rise in FUA was largely driven by the Australian platform business and virtually ...

Praemium reports key milestone achievement for 2021

CHLOE WALKER  |  MONDAY, 17 JAN 2022
... inflows of $937 million for the Australian platform, and net inflows of $311 million Internationally. Funds under management (FUA) achieved a record high of $4.9 billion, an increase of 43% in the past 12 months from new milestones in all global segments ...

Fiducian adds $38m FUA to network

KARREN VERGARA  |  FRIDAY, 8 OCT 2021
In a bid to expand nationally, Fiducian has helped one of its practices acquire clients with $38 million in funds under advice. Fiducian said it assisted the unnamed practice based in the Albury/Wodonga area by providing support services worth $360,000. ...

Praemium rejigs executive team

ANNABELLE DICKSON  |  TUESDAY, 7 SEP 2021
... with Australian revenue up 37% to $53.1 million and international revenue jumped 6% to $12.5 million. The Australian platform FUA recorded 223% growth to $18.38 billion which is attributed to the Powerwrap acquisition. Inflows were up 149% at $2.6 billion. ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... million break fee to SS&C. It ended FY21 with $287 billion in funds under administration (up 46%). The $91 billion increase in FUA came from net inflows (78% of the total) and market movements (22%). During the period, Mainstream onboarded a fund manager ...
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