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Showing 1 - 10 of 514 results for "netwealth"

Netwealth to defend First Guardian class action

RIDDHIMA TALWANI  |  FRIDAY, 25 SEP 2026
Netwealth will defend a class action brought against it by Keily McCrosson, a boutique law firm based in Melbourne, around the collapse of First Guardian. Netwealth said it subsidiaries Netwealth Investments and Netwealth Superannuation Services have ...

Prime Value Opportunities Fund winds up

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2026
... investment of $20,000 from direct investors. Class B, meanwhile, was available to financial advisers on platforms like Netwealth and BT Wrap. Following a strategic review of the funds' size, investor demand and long-term sustainability, Prime Value Asset ...

Netwealth faces potential class action over First Guardian failure

RIDDHIMA TALWANI  |  MONDAY, 21 SEP 2026
Netwealth Group has received letters of potential class action, alleging it breached duties while offering and monitoring certain First Guardian investment options available through the Netwealth Superannuation Master Fund. No proceedings have yet been ...

Netwealth buys Paradino for $20m

VINNY VUCAGO  |  TUESDAY, 15 SEP 2026
Netwealth has agreed to acquire Australian advice technology provider Paradino for $20 million upfront in a bid to expand its offering beyond platform administration and into artificial intelligence-enabled advice workflows and automation. The deal ...

Netwealth recruits AI expert to boost in-house advice tech

RIDDHIMA TALWANI  |  THURSDAY, 10 SEP 2026
Netwealth has appointed data intelligence expert and technologist Silvio Giorgio as general manager of data and artificial intelligence (AI). An immediate focus for Giorgio will be to aggregate multiple sources of data for advisers, helping organise ...

'Easy peasy, done': Senate rips Equity Trustees' checklist governance

RIDDHIMA TALWANI  |  THURSDAY, 10 SEP 2026
... third-party research houses responsible for the failure, and has denied paying back members on the losses. Macquarie and Netwealth on the other hand have paid members losses incurred due to the failures. Equity Trustees recently decided to exit from ...

Inquiry rips into Diversa: 'All profit, no responsibility'

KARREN VERGARA  |  MONDAY, 7 SEP 2026
... he said. Committee chair Deborah O'Neill criticised Diversa for not being in the same position as Macquarie and Netwealth, which have already admitted to being "part of the equation of failure and have replaced lost funds immediately." "It seems ...

FEATURE | Managed accounts | Industrialising advice

RIDDHIMA TALWANI  |  MONDAY, 31 AUG 2026
... Managed accounts technology solves exactly that. A managed account is a structure that sits on platforms such as HUB24 or Netwealth, where model portfolios are available. An adviser can pick ready-made portfolios or choose to work with an investment ...

Netwealth profit hit by First Guardian costs

VINNY VUCAGO  |  WEDNESDAY, 26 AUG 2026
Netwealth reported record underlying earnings and funds under administration in FY26, though its statutory result was weighed down by $74 million in after-tax costs related to the First Guardian Master Fund collapse. The platform provider incurred a ...

Phil Anderson to retire at the upcoming FAAA Congress

MATTHEW WAI  |  WEDNESDAY, 26 AUG 2026
... 2023 to form the FAAA. Prior to that, Anderson served in senior roles at AMP, NAB, Perpetual, Colonial First State, and Netwealth earlier in his career. Commenting, FAAA chief executive Sarah Abood thanked Anderson for his dedication and service to the ...
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