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Showing 1 - 10 of 54 results for "Xplore Wealth"

Sequoia chief learns his fate at EGM

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... director Kevin Pattison as directors and replace them with head of professional services Brent Jones and former Xplore Wealth chair Peter Brook. Those resolutions failed to gain the necessary votes at the EGM. Back in April, Crole said he was "disappointed" ...

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... want to replace them with Sequoia head of professional services Brent Jones, who is also Jones' son, and former Xplore Wealth chair Peter Brook. Crole and Pattison also told the Takeovers Panel that the shareholders purchased additional Sequoia shares ...

Sequoia chief's job at stake in upcoming EGM

ANDREW MCKEAN  |  FRIDAY, 26 APR 2024
... director Kevin Pattison as directors, replacing them with head of professional services Brent Jones, and former Xplore Wealth chair Peter Brook. "The objective of this process is to focus on streamlining the current business with a focus on reviewing ...

HUB24 hits $100bn milestone

KARREN VERGARA  |  TUESDAY, 16 APR 2024
HUB24, which owns Xplore Wealth, Class, and myprosperity, surpassed the $100 billion milestone at the end of March. Some $79.7 billion in FUA, up 34% year on year, came directly from the platform. Its Portfolio Administration and Reporting Services' ...

BNP Paribas reappointed as custodian for wealth platform

ANDREW MCKEAN  |  FRIDAY, 15 SEP 2023
... Securities Services division has supported HUB24 during its period of strong growth, including providing custody for Xplore Wealth products that transitioned to its platform in 2020. Notably, HUB24 acquired Xplore Wealth to add complementary expertise ...

AMG Super hires to distribution team

CHLOE WALKER  |  THURSDAY, 5 MAY 2022
... Tasmania. He joins from Bell Direct platform Desktop Broker. Prior to Bell Direct, Carr was distribution manager at Xplore Wealth and also served as head of distribution at Powerwrap. Powerwrap was acquired by Praemium in 2020. Terry Constable, head ...

HUB24 continues growth trajectory

ELIZABETH MCARTHUR  |  TUESDAY, 22 FEB 2022
... 2021. Group underlying EBITDA also improved, up 80% to $29.7 million. During the period, HUB24's acquisitions of Xplore Wealth, Class and Ord Minnett PARS progressed. The company announced a full franked half-year dividend of 7.5 cents per share, an ...

Record inflows for HUB24

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JAN 2022
... $1.1 billion. HUB24 reported that 28 new distribution agreements were signed during the quarter. The integration of Xplore Wealth is on track, the company said, with superannuation funds under administration from Xplore to be completely transferred to ...

HUB24 profits, inflows rise

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
... recorded significant growth in its underlying net profit as inflows continued to rise following the acquisition of Xplore Wealth and Ord Minnett's Portfolio Administration and Reporting Service (PARS). In its full-year results, HUB24 reported an underlying ...

Platform FUM grows

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
... recorded 223.7% growth to $16.9 billion and HUB24 was up 135.7% to $35.6bn a result of their mergers with Powerwrap and Xplore Wealth respectively. Despite the strong growth, the platform industry recorded net outflows of $55.1 billion compared to $41.4 ...
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