Craig Lawrenson

HUB24 has added five new portfolio managers to its Discover offer, delivering broader choice to empower advisers with solutions to support their clients throughout their wealth accumulation and retirement journey.

Discover, launched in November 2023, complements HUB24’s Core and Choice offers providing a cost-effective platform and investment solution designed for those with less complex needs.

Advisers and their clients can now access a range of passive, active, and ESG managed portfolios from 13 portfolio managers, with new options from Dimensional, State Street, Russell, Infinity, and MLC, joining existing managers AZ Sestante, Betashares, Blackrock/iShares, Elston, Lonsec, Morningstar, Vanguard, and Zenith.

“Demographic trends, such as intergenerational wealth transfer and ageing populations, are providing opportunities for advisers to evolve their advice proposition to meet the needs of a diverse range of clients, said HUB24’s Chief Operating Officer Craig Lawrenson.

“Designed in conjunction with portfolio managers, Discover was developed in response to the growing demand from advisers seeking a cost-effective solution that offers choice and flexibility. Based on adviser feedback, we’ve now identified more opportunities to expand our range of managed portfolios to 66, nearly doubling the available options.”

Discover has been well-received by advisers providing access to all the benefits of HUB24’s market-leading platform capability and a streamlined selection of managed portfolios.

Orbit Wealth Principal Adviser Jacinta Martin said: “Discover is fantastic and a game-changer. It’s great for younger clients with simple needs who want the enhanced features of a wrap platform with unmatched choice and flexibility. It’s perfect for young accumulators who might have a smaller super and investment account.

“It’s also great for those clients who are either transitioning to retirement or in a semi-retirement phase and contributing to their superannuation account while holding an account-based pension.”

Gretel Chiswell from Gretel Financial said: “Discover is user-friendly and cost-efficient, providing excellent investment diversification and seamless client accessibility. The HUB24 platform offers portfolio performance tracking against multiple benchmarks, making it a highly efficient, transparent, and reliable solution for both advisers and investors.”

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