HUB24 adds four clients
Investment platform Hub 24, a subsidiary of Investorfirst, has picked up four new clients bringing in more than $500 million in funds under management, Investorfirst has announced.
The clients are DFS Portfolio Solutions, Equiti Private Wealth, Oxbrey Financial Group, and Mandalay Wealth Management.
Investorfirst's chief executive Darren Pettiona said there would be another major release for the platform in May this year representing a "generational leap".
The upgrades would include more flexible model portfolio and direct equity trading capabilities, an enhanced user interface, direct fixed interest capability, and exchange traded options within separately managed accounts, Pettiona said.
The group would be announcing further account wins in the near future, he said.
AUTHOR
Chris Kennedy
Recommended for you
A new advice licensee set up by former WT Financial advisers has helped financial adviser numbers return above the 15,600 mark this week.
Two separate studies have discovered the majority of advised clients prefer to pay a flat fee for financial advice, while unearthing how much they are willing to pay for the service.
Financial services software Iress and digital community platform Ensombl have partnered up to strengthen the technology skills of financial advisers and paraplanners through a new initiative.
The corporate regulator has commenced “urgent” Federal Court proceedings against a Brisbane-based financial adviser in connection to financial advice and activities on client trading accounts.
