Netwealth pilots multi-channel integrated service

21 October 2015
| By Daniel Paperny |
image
image
expand image

Non-institutional platform provider Netwealth announced it is piloting a new integrated automation service, allowing advisers to establish new accounts using electronic signatures across desktop, tablet and mobile devices.

The integrated service comes on the back of a slew of new initiatives rolled out by Netwealth including enhanced reporting options, online international trading across 11 global exchanges, and further functional improvements to its managed account service geared at driving efficiency.

Netwealth joint managing director, Matt Heine, said the integrated service will provide automation between an adviser's office and the platform, thereby helping advisers better engage with their clients through a multi-channel approach to portfolio management.

"Today's release, and our ongoing development roadmap, is fundamentally based on feedback from our clients, market conditions and global trends in portfolio and client management," he said.

The announcement follows the release of Netwealth's results for the last quarter, recording strong growth across the group with net flows in excess of $350 million and establishing its third private label managed account.

With total funds under management in the group now at $7.73 billion, Heine said it was important for the group to respond to the changing expectations of customers and deliver "quantum efficiency gains" through its platform services.

"We believe our client feedback loop, and ability to prioritise items in an agile environment enables us to constantly deploy features that are market-leading but more importantly useful and beneficial for our clients," Heine said.

"As a result we also have a number of other really exciting initiatives due by year end."

Read more about:

AUTHOR

COMMENTS

Recommended for you

subscribe

Stay up to date with Australia’s top news and information source for the wealth management industry

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Remus_au

Absolutely agree with you on this Les. That's how I see it too. The client facing "new" SOA document might shrink down a...

2 days 5 hours ago
Stephen Eedy

Most advisers are now degree-qualified with many years of actual practical industry experience, and are fully-qualified ...

2 days 5 hours ago
Dominic Widlake

This is all so ridiculous. I have 33 years experience, and have studied hard over the last 4 years to obtain the gov...

2 days 5 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

5 months ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

4 months 3 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

5 months ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND