Inflows build Count
Count Financial continues to benefit from strong inflows, reporting a 36.6 per cent increase in flows into its recommended platforms over the past 12 months to $2.08 billion.
In an announcement released today, Count reported that flows into its recommended low cost/low margin BT Platform for portfolios over $750,000 now stood at $800 million, a growth of 86.8 per cent over the past 12 months, with total funds in BT/Westpac administration platforms now totalling $5.17 billion, up 38.5 per cent.
It said funds in Skandia now totalled $1.65 billion, up 30.2 per cent.
The dealer group said funds under advice (FUA), excluding direct property but including direct shares, grew by 26.6 per cent over the last 12 months to total $14.78 billion.
AUTHOR
Mike Taylor
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