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Showing 1 - 10 of 34 results for "Michael Heine"

Netwealth chair to retire, successor appointed

ANDREW MCKEAN  |  THURSDAY, 5 JUN 2025
... I transition my responsibilities to him..." he said. Meantime, reflecting on Antonie's tenure, Netwealth founder Michael Heine noted that since his appointment as a director, the firm's funds under administration had grown from $7 billion to $104.1 billion ...

Netwealth celebrates $100bn amid 25th anniversary

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2024
... Commenting on the anniversary, Heine said: "Twenty-five years ago, Netwealth was incorporated by our founder and director Michael Heine, with a vision to create an innovative online wealth management platform." "In 2007, eight years later, thanks to ...

Netwealth's share price rises following strong inflows

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
... with a new business pipeline and strong conversion rates across all segments. The group also flagged that founder Michael Heine, who stepped back from day-to-day management in October 2022 to become an executive director will now transition to a non-executive ...

Netwealth FUA sits at $58bn

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
... segments, including several "large endowment funds and trusts transitioning." In August, Netwealth announced that Michael Heine would be stepping back from day-to-day management of the business, making Matt Heine sole managing director. The news came ...

Michael Heine steps back at Netwealth

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2022
... day-to-day management. The news came as part of Netwealth's results announcement this morning, with Netwealth saying Michael Heine will continue as an executive director. The decision is in line with the company's succession plan, Netwealth said. ...

Heine family sells Netwealth shares

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
... holding. The sale of 5.5 million shares was across two private investment companies - Heine Brothers Pty Ltd, where Michael Heine and his two sons are the shareholders, and Leslie Heine Pty Ltd where Leslie Heine is the only shareholder. The family still ...

Netwealth FUA, adviser numbers rise

KARREN VERGARA  |  MONDAY, 19 AUG 2019
... to increase. About 75% of net inflows came from existing adviser clients. Joint managing directors Matt Heine and Michael Heine flagged that the firm is focused on expanding its whole-of-wealth solution to affluent, high-net-worth and wholesale clients. ...

Netwealth doubles market share

DARREN SNYDER  |  MONDAY, 3 SEP 2018
... doubled its market share from 1% in March 2015 to 2% or $16 billon in March 2018. Netwealth joint managing director Michael Heine said the firm was pleased with its first full-year results which reflect a strategy focused on being the "leading platform ...

Financial services executives in the money

JAMIE WILLIAMSON  |  FRIDAY, 13 JUL 2018
... Executives List 2018, ranking 8th and 16th respectively. The list, which comprises executives across the ASX300, sees Michael Heine valued at $681.8 million, while Matt Heine is worth $239.2 million. The duo's inclusion on the list corresponds with news ...

Netwealth boosts class action involvement

JAMIE WILLIAMSON  |  TUESDAY, 5 JUN 2018
... as historic details of class actions the platform provider has participated in. Netwealth joint managing director Michael Heine described the addition as a valuable facility, telling Financial Standard it is another step in Netwealth's ongoing work ...
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