POWERED BY MOMENTUM MEDIA
PRAEMIUM
Financial planning
Praemium has reported quarterly inflows to amount to $1.2 billion while total funds under administration achieved record $41.7 billion. ...
Financial planning
The managed account platform believes its international operations is at a scale disadvantage to its competitors and is looking to divest through a formal sale process....
People & Products
HUB24’s head of strategic sales, Shane Muscat, will join Praemium in the same role; while Dale Wright has been added to the southern region sales team....
Funds management
Exposure to the three leading wealth platform stocks has helped the Pengana Emerging Companies fund so far this year as smaller players outpace traditional bank-owned pla...
Funds management
Praemium has reported record growth in funds under advice to $34.3 billion for the half-year ending 31 December 2020. ...
People & Products
Anthony Wamsteker has been appointed as a non-executive director, while another non-executive director is being forced to step down due to an administrative error....
Financial planning
Onboarding time has been reduced, as well as the need for double entry of client information in statements of advice....
Financial planning
Praemium has taken control of the wealth management platform, following it’s off-market transfer which will be 100% completed by November....
Funds management
Praemium has reported a 42% increase in pre-tax profit from $5.4 million a year ago to $7.7 million in the FY2020 but a client transition meant funds under administration...
Funds management
US-based fund manager, GQG Partners, has announced it has been awarded a $20 million allocation from boutique investment advisory firm PlayfairTan to its global equity st...
Financial planning
Praemium has moved to acquire PowerWrap to create one of Australia’s largest independent specialist platform providers....
People & Products
Wealth manager JBWere has extended its virtual managed accounts agreement with Praemium for another two years. ...
Funds management
Lonsec has announced it has partnered with BT Financial Group and its full managed portfolio offering is now available on BT Panorama platform. ...
Funds management
Praemium has announced the addition of the Australian Ethical Australian Shares portfolio to its separately managed accounts and introduced a new ESG screening platform f...
Financial planning
The latest Investment Trends research suggests the days of the big banks dominating and leading the platform space have come to an end....
MARKET INSIGHTS
Never miss the latest news and developments in wealth management industry
Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...