The platform provider’s total funds under administration is now at $68.3 billion as its proposal to acquire Class is to be voted on 31 January, 2022....
Funds under administration has reached $52 billion in the most recent quarter, a 52.7% increase from a year ago....
The last quarter of the financial year saw the investment manager’s assets under management rise to $98.3 billion, and its funds under advice increase 6%....
Netwealth’s funds under administration net inflows increased 36.1% last year to $9.2 billion. ...
The investment and superannuation platform reported net inflows of $1.7 billion, representing a growth of 36.7% against the previous corresponding period. ...
The firm’s funds under administration was up 34% on FY19 and it has announced the appointment of its new chief financial officer....
Powerwrap has posted inflows for the June quarter despite expected net flows not occurring due to the COVID-19 pandemic. ...
Integrated Portfolio Solutions has announced its funds under administration have exceeded $5 billion thanks to strong flows from family offices and investment advisers....
OneVue is expecting the sale of the Madison Group to be completed in May and will look to select a preferred bidder by the end of this week....
The platform provider also experienced a decrease of $0.7 billion in funds under administration during the March quarter....
Platform provider Netwealth is asserting robust financial health in the face of COVID-19 and impacts on inflows....
The platform provider has posted a net loss despite a 20% increase in funds under administration during the first half of FY20....
ASX-listed Netwealth has reported a growth in funds under advice to $28.5 billion at the end of December, 2019....
HUB24 has posted record first half net inflows of $2.5 billion thanks to both new and existing adviser relationships....
Powerwrap has reported a record $8.1 billion in funds under administration, helped by a growing demand for independent platform support from breakaway adviser groups....
trustees are already requesting such confirmations when advisory fees (even via fixed term agreements) are deducted from...
CSLR should be broken down into 2 sub sectors, one for product manufacturers and one for financial advisers. Product ma...
We must stand up and show our opposition to both the ASIC Levy and CSLR as they both contribute to the high cost of advi...