Netwealth signs global fintech firm


Australian non-institutional platform, Netwealth, has entered into an exclusive partnership with global fintech firm, TipRanks, to allow advisers and clients to see buy, sell and hold recommendations for major US stocks.
TipRanks provides research on all major shares listed on US markets and helps track analyst recommendations as well as performance of source stock analysts, bloggers, hedge funds, or corporate insiders dating back to January 2009.
According to joint managing director at Netwealth Group, Matt Heine, clients would now be provided with a huge amount of information which was not generally available in Australia.
"This is an important step in building out our fintech ecosystem. We are partnering with highly relevant and technology smart companies to assist advisers and their clients make the most of their super and investments," he said.
Recommended for you
AUSIEX has announced it will acquire FIIG, a specialist fixed income provider with $4.5 billion in funds under advice.
Platinum Asset Management has announced it is in discussions with a global alternatives fund manager regarding a possible merger to create an $18 billion firm.
JP Morgan Asset Management has appointed an ETF specialist from Vanguard as it seeks to expand its ETF range.
The alternative asset manager has expanded its Singapore office with a head of Asian distribution, representing a “critical step” for the Asian business, where it is seeking to launch new offerings.