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Showing 1 - 10 of 37 results for "Netwealth platform"

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

ELIZA BAVIN  |  THURSDAY, 9 OCT 2025
... cooperatively with industry bodies and regulators in relation to members who invested in First Guardian via the Netwealth platform. "Our position remains that the First Guardian matter is a case of fraud and that Netwealth has complied with all relevant ...

Netwealth FUA nears $90bn

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... $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 ...

SSGA expands risk-based ETF model portfolios

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
State Street Global Advisors (SSGA) has announced the expansion of its State Street risk-based ETF model portfolios to include a new High Growth investment option. The High Growth model will be available to financial advisers on the Praemium, HUB24 ...

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
... advisers to do business with us," he said. Finally, Challenger officially launched its fixed term annuities on the Netwealth platform in September. It said this provides advisers and their clients with a seamless and contemporary experience to access ...

ASIC permanently bans former financial adviser

CASSANDRA BALDINI  |  TUESDAY, 27 JUN 2023
... Former financial adviser John Wertheimer has been banned by the regulator after he was convicted of using the Netwealth platform to access client accounts and make unauthorised transactions. In May 2020, Wertheimer made 48 unauthorised transactions on ...

Adviser sentenced over accessing client accounts

CHLOE WALKER  |  FRIDAY, 3 FEB 2023
... adviser John Wertheimer has been convicted and sentenced for making unauthorised client transactions on the Netwealth platform. Specifically, Wertheimer was convicted on one count of providing a financial service on behalf of a person who carries on ...

Netwealth integrates with fintech

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
... with Netwealth will make it even easier for our users to complete rebalance recommendations when using the Netwealth platform and will remove almost all the data entry involved in calculating their fees and asset allocation for use in their SoAs," he ...

New global funds added to HUB24, Netwealth

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
Neuberger Berman has had two of its global strategy funds added to both HUB24 and Netwealth platforms. The Neuberger Berman Emerging Markets Equity Select Fund and Neuberger Berman Strategic Income Fund were launched in Australia 12 months ago, with ...

Challenger expands distribution reach

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
... launching its annuities on a fifth platform. Challenger fixed-term and lifetime annuities will launch on the netwealth platform. It follows an announcement in August that saw products made available on BT Panorama. Challenger also plans to distribute ...

Absolute returns core to building wealth: ARCO chair

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
Investors aiming to build wealth should ignore market performance indices for at least a portion of their portfolio, according to ARCO chairman Bruce Loveday. "If you want to build wealth reliably over time, I would say that any alternative to having ...
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