HUB24

Funds management

The resolution to approve the scheme of arrangement under which HUB24 will acquire all shares in Class has been approved by Class shareholders....

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Funds management

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....

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Financial planning

The pilot program aims to help understand the problems facing licensees and advisers in running their business....

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Superannuation

HUB24 and Class have simplified the scheme consideration of the scheme implementation deed under which HUB24 agreed to acquire all Class shares....

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Superannuation

The 100% acquisition is expected to accelerate HUB24’s platform strategy and consolidate the group’s position as a provider of integrated platforms, technology and data s...

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Funds management

The platform has achieved inflows of $3 billion for the September quarter, while funds under administration has grown to $63.2 billion....

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Financial planning

The difference between an adviser being able to implement portfolio changes immediately compared to six weeks has a material impact on client outcomes, according to model...

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Top 100

Money Management’s 2021 TOP Financial Planning Groups survey has confirmed that the number of financial advisers operating under the umbrellas of the largest groups has d...

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Financial planning

ClearView has announced underlying net profit after tax is up 54% to $22.7 million but operating earnings for its financial advice arm were down 58% as it sells it to Cen...

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Funds management

The platform provider posted inflows of $8.9 billion, up 82%, and is targeting a funds under advice range of $63 billion to $70 billion by 30 June, 2023....

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Financial planning

Funds under administration on the HUB24 platform grew 141% to $41.4 billion in the last financial year as the firm saw 48% growth in adviser users. ...

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People & Products

The platform provider has appointed Darren Stevens to the newly-created role where he will lead strategic product development initiatives....

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People & Products

Catherine Kovacs will serve as a member of the audit, risk and compliance committee on the platform provider’s board....

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Funds management

HUB24 may have been criticised for its low level of female board representation this month, but this hasn’t stopped its share price rising by over 100% over the past year...

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Financial planning

Adviser-facing support services should be a focus area for platform improvement, according to Investment Trends. ...

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