Media and press
Read the latest news about Netwealth from the media and press.
Professional Planner - AdviceTech works, but only when it fits
AdviceTech will help advice practices become more efficient and grow, Netwealth’s Matt Heine believes, but the danger of building bloated, impractical tech stacks remains.
IFA - Clients want personalised, online service post-COVID
Expectations of client service have rapidly shifted since the pandemic’s onset, underlining a trend towards online interaction that was already in motion earlier in 2020.
IFA - Netwealth FUM continues to climb
Netwealth reported an 8 per cent increase in funds under management (FUM) during the September quarter.
Money Management - Netwealth partners with Xeppo
Netwealth has formed a strategic partnership with specialist fintech data solutions provider Xeppo.
Money Management - Netwealth launches new Magellan AM mandates
Netwealth has added two new mandated strategies from Magellan Asset Management to its global specialist series (GSS) investment range.
IFA - Advisers hamstrung by tech options
Netwealth's recently released AdviceTech Report reveals the challenges advisers have with optimising industry technology in their practices, prompting Netwealth to create 15-part AdviceTech demo series
Money Management - Netwealth sees 110% rise on managed account platform
Funds under management rose 110% for Netwealth’s managed accounts, a record year of net inflows, as the firm releases its results for FY2020.
Financial Standard - Netwealth reports $43.8m in FY20 profits
Netwealth, the ASX-listed platform business, grew total funds under advice by 35% to $31.5 billion. Net inflows for FUA doubled to $9.1 billion.
Financial Review - Virus volatility boosts Netwealth earnings
Netwealth has shrugged off the coronavirus downturn to grow profit by 22 per cent and managed funds by $8 billion.
Money Management - AdviceTech adoption driving advice practice dividends
The adoption of AdviceTech is paying significant dividends for practices, with the latest Netwealth AdviceTech Report revealing that it can generate an up to 20% advantage for the firms that do.
AdviserVoice - Milliman and Netwealth deliver a unique and affordable investment solution
Actuarial firm Milliman has formed a strategic alliance with Netwealth, in a move to widen the distribution of its range of managed accounts aiming to dampen the effects of market volatility.
Financial Standard - Netwealth booms amid pandemic
Specialist wealth management platform Netwealth has seen its share price soar, after it reported a 35% increase in funds under administration for the financial year.
Money Management - Advisers' platform loyalty wanes
Netwealth has emerged as the preferred investment platform for financial advisers. In terms of adviser platform satisfaction, the Investment Trends research once again placed Netwealth first.
IFA - Netwealth inks responsible entity deal
Netwealth has partnered with Ironbark to provide private label managed account managers with the option to use Ironbark as responsible entity for their portfolios.
Money Management - Netwealth launches remote education program for kids
With more students learning remotely due to COVID-19, Netwealth and financial literacy platform Banqer have launched a free education activities program for Australian kids.
The Australian - Netwealth lifted by solid full-year guidance
Netwealth shares have jumped more than 6 per cent after the wealth platform maintained its revenue and profit guidance for the year on the back of record funds under administration net inflows for the March quarter.
AdviserVoice - Platforms have improved to help advisers demonstrate value to clients
Investment Trends has released its 2019 Platform Benchmarking & Competitive Analysis Report and shows Netwealth continuing to lead the market for overall platform functionality.
Financial Standard - Netwealth to tap growing HNW demand
Netwealth is looking to take advantage of growing demand among high net-worth & private wealth investors for sophisticated platform offerings, with plans for the launch of a premium product.
Money Management - Netwealth's FUA reaches $28.5b
Netwealth has reported a record FUA of $28.5 billion at the end of the 2019, representing an increase of $3.2 billion for the quarter & $9.5 billion for the year to December 2019.
IFA - Amazon, Netflix and Facebook raise the bar for advisers
Financial advisers need to be aware that client expectations are being set by the service provided by digital giants like Netflix and Amazon, says Netwealth head of distribution Nick Mitchell.
Livewire - Netwealth, the company shaking up the investment software space
Through updated technologies, elegant user experience and by providing financial planners with the ability to manage their clients’ money, Netwealh is positioning itself as a welcome alternative to the big banks.
IFA - Netwealth releases open-source advice toolkit
Platform provider Netwealth has launched a new open-source toolkit for advice businesses that is focused purely on innovation.
InvestorDaily - Netwealth adds to senior distribution team
Sid Cavallaro joins Netwealth after nearly eight years at BT where he held the position of state manager for platforms in NSW.
Professional Planner - Advice clients expect friction-free service
Advice firms are increasingly being compared with big technology companies that are part of their clients’ lives and will need to start adopting technology that smooths out the friction points in their process for consumers, ...
Financial Review - Netwealth sees once in a lifetime shift in wealth management
The joint managing director of ASX-listed investment platform Netwealth says there is a "once in a lifetime shift" occurring in the wealth management industry, with a three-year window open for disruptive companies to steal ...
Swinburne University - Tackling the financial future of Australians through design
In an effort to encourage more Australians to think about their financial future, Swinburne is hosting a ‘design sprint’ with industry partners Netwealth and MASS.
Professional Planner - Netwealth leads upstarts in platform race
Netwealth, the 10th largest provider of platform solutions, is the leader of the second tier of service providers challenging the large incumbents, posting 48 per cent growth in 2018, new ...
Adviser Innovation - Managed accounts driving practice efficiency: Netwealth AdviceTech report
More than 70 per cent of advisers using managed accounts believe their businesses have become more efficient as a result, a new report from Netwealth has shown.
IFA - Report reveals advisers’ top industry disruptors
Research from Netwealth has identified specific technology services that advisers predict will disrupt the Australian financial advice sector over the next five years.
Adviser Innovation - AI no longer a buzzword for US companies, says Netwealth
The US financial services industry is bursting with new tech terms, but ‘artificial intelligence’ is no longer one of them, says Netwealth managing director Matt Heine.
Financial Review - Netwealth founders say AI, data mining to shape $750b platform market
The founders of financial planning platform Netwealth predict artificial intelligence and data mining will lead innovation in the fast-growing platform market.
Financial Observer - Zenith, Netwealth in portfolio partnership
Research house Zenith Investment Partners will manage a series of blended portfolios for Netwealth in the platform provider’s Super Accelerator and Wealth Accelerator investment options.
IFA - Netwealth hits $15bn FUMA
Netwealth has increased its funds under management and administration (FUMA), citing continuous growth among non-institutional and private clients and demand for its managed accounts offering.
Investor Daily - Netwealth adds liquid alternatives fund
Legg Mason’s liquid alternatives strategy has been added to Netwealth’s superannuation and investment platform.
IFA - Netwealth creates AdviceTech database
Netwealth has made its AdviceTech Research Report readily available to the public by creating a data suite that can be downloaded, shared and used by advisers.
Professional Planner - Netwealth expands range of SMA options
Netwealth has announced the expansion of its retail managed account menu with the appointment of two new managers, Elston Asset Management and Quilla Consulting.
IFA - Report reveals advisers’ top industry disruptors (1)
Research from Netwealth has identified specific technology services that advisers predict will disrupt the Australian financial advice sector over the next five years.
Financial Standard - Netwealth dominating platform sector
Platform providers are shifting their focus toward development of functionality after years of costly compliance work, with Netwealth leading the field. That is a key finding of Investment Trends' 2016 Platform Benchmarking ...
IFA - Netwealth announces partnership with financial literacy start-up
Netwealth has announced a new partnership with a financial literacy coaching start-up that will see the education of 15,000 students across Australia over the next 12 months.
Financial Observer - Netwealth embraces fintech to broaden reach
Netwealth will bolster its technology offering by partnering with a range of fintech groups in local and overseas markets...
Professional Planner - Netwealth and IRESS deliver straight-through processing
Netwealth and IRESS have teamed up to offer advisers ‘straight-through processing’ for new applications, reducing the need to re-key information, and significantly increasing back office efficiency.
Money Management - Netwealth platform tops list for functionality
Netwealth has emerged as the number one platform for functionality, according to the latest Investment Trends 2015 Platform Report with efficiently meeting and supporting adviser needs.
Money Management - Netwealth launches electronic signatures and more efficiency tools
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.
Professional Planner - Netwealth partners with global fintech firm
Netwealth has entered into an exclusive platform arrangement with global fintech firm TipRanks (www.tipranks.com) to provide research on all major shares listed on US markets making it easier to identify US opportunities and ...
Professional Planner- Netwealth posts record year of growth & launches first private label managed account
Netwealth, has reported their largest year of growth on record increasing Funds Under Management (FUM) by $1.96b for the last financial year, with current FUM at $7.6b, at the same time as announcing the launch of their first Private ...
Financial Observer - Netwealth attracts 100 accounts with SMA
Since Netwealth launched its managed account service less than two months ago, scores of accounts have been opened for clients, with a handful of advisers also opening personal accounts to test out the product offering, which was, ...
Fintech Business- Innovation key to industry longevity
As disruption cements itself as commonplace, financial services - and particularly financial advice - must innovate if it is going to survive, says Netwealth.
Investor Daily- Fixing the 'gaping holes' in advice innovation
Despite the current focus on fintech, financial planning firms should be focusing their energies on brand, marketing and service innovation, says Matt Heine, Joint Managing Director of Netwealth.
Financial Observer- Fluidity creates platform prosperity: Netwealth
Investment platforms had a positive future in the financial services market although that did not mean platform provider Netwealth, which was closing in on $8 billion in funds under management (FUM), would idly watch the world go ...
Financial Observer- Netwealth unveils managed account service
Speaking to financial observer yesterday, Netwealth Joint Managing Director Matt Heine said the company's fully integrated managed account service offering was expected to have a further positive impact on FUM across the group as ...
Financial Observer- Netwealth bolsters managed accounts offering
Financial services group netwealth will strengthen its managed accounts market position by the end of the calendar year, as its platform hit a record $6 billion in funds under management (FUM) mid-last week, the group’s executive ...
Becoming “Spock” to improve investment returns
Chris Inifer, head of retail at contrarian investor Allan Gray, discusses how considering human bias in investments, and thinking more like Star Trek’s cool-headed Mr. Spock, can safeguard you against market downturns.