Praemium introduces mobile facility
Platform provider Praemium has launched a mobile delivery capability for its V-Wrap online portfolio administration platform.
V-Wrap Mobile makes it easier for advisers and clients to access services on their mobile phones, and will allow authorised users to place orders for equities directly to market using their phone, according to Praemium Group chief executive Arthur Naoumidis.
There is no charge for using V-Wrap Mobile with 20-minute delayed data, Praemium stated.
“This latest development is a fully integrated component of Praemium’s V-Wrap system, reflecting the evolution of our services and ensuring the latest technology is available to better serve the needs of our clients and their individual investors,” Naoumidis said.
Recommended for you
Adviser Ratings’ latest financial landscape report finds there is a demographic of advice practices achieving an average revenue of $5 million, with only 3 per cent of practices overall seeing a revenue decline.
The FAAA is calling for regulators to take a partnership approach with financial advisers regarding incoming legislation, rather than treating the industry as “guinea pigs”.
There have been strong numbers of returning advisers this year so far, according to Wealth Data, already surpassing the same period for 2024.
Less than one-third of Australian business owners have an ongoing advice relationship, according to NAB Private Wealth, highlighting an unmet opportunity for the advice profession to target.
