HUB24 expands distribution with key appointments to leverage growing market opportunity

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Leading platform provider HUB24 (ASX:HUB) has announced the creation of two new roles to expand its distribution capability and provide additional dedicated support to licensees and advisers. Shane Muscat, formerly Head of Institutional Sales at Colonial First State (CFS), has been appointed to the newly-created role of Head of Strategic Sales and will lead new […]

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Wholesale pricing offered to retail investors by Prodigy’s Flinders fund via HUB24

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In a major development for the industry, portfolio managers, financial advisers and their clients are able to access institutional pricing, thanks to an initiative between leading platform HUB24 and Flinders Investment Partners, part of Prodigy Investment Partners’ boutique group of funds. Steve Tucker, Prodigy’s Executive Chairman, officially launched the initiative today and said: “The Flinders […]

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HUB24 platform FUA now at $7bn after strong 2nd quarter

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Quarterly business update Highlights: Strong quarterly net inflows[1]  for Q2FY18 of $554m and gross inflows of $771m. Funds under Administration (FUA) of $6.9b at 31 December 2017 and now $7.0bn (up from $5.5b at 30 June 2017). 14 new licensees signed distribution agreements during the quarter representing significant growth opportunities. HUB24 and Agility’s joint development […]

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HUB24 launches integrated Records of Advice solution

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Leading platform provider HUB24 has announced its latest platform enhancements, including an integrated Records of Advice (ROA) solution for advisers and a super contributions tracker. The new ROA functionality allows licensees to upload their own template and store it in the system. Advisers can then generate an ROA from the platform when they trade on […]

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Outlook for wealth management advice business in 2018

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The Australian wealth management industry is expected to transform even more next year as the work-out from the Future of Financial Advice (FOFA) reform couples with the recent enforcement of the Best Interest Duty requirements. Some financial institutions are addressing this by severing their wealth businesses from their operations, as seen by ANZ’s sale of […]

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HUB24 announces platform enhancements

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Australia’s fastest growing platform , HUB24, continues to innovate and connect advisers, their clients and investment managers to solutions that create opportunities for business growth and wealth creation. The company continues to experience strong growth with the platform now reaching $6.6bn in Funds Under Administration (FUA) after achieving net inflows of $740m in the first […]

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Euroz Limited partners with HUB24 to launch new white label platform for advisers

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Euroz Limited (ASX: EZL) has partnered with leading investment and superannuation platform provider HUB24 (ASX: HUB) to deliver Encore, a new white label platform for their private wealth clients. The new platform substantially broadens the investment choices for Euroz’s clients, while also providing them with first class administration and reporting tools. Users of Encore will […]

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HUB24 records first full year profit

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Leading investment platform provider HUB24 (ASX: HUB) today announced its results reporting an underlying Net Profit After Tax (NPAT) of $3.9m (statutory NPAT of $18.9m) with an underlying EBITDA of $5.1m (statutory EBITDA of $4.7m) for the year ended 30 June 2017. Funds Under Administration (FUA) increased by 66% over the period growing from $2.2b […]

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Accountable partners with HUB24 to launch new Super and Investment solution

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Accountable Wealth Management, part of the Aura Group, has partnered with leading investment and superannuation platform provider HUB24 (ASX:HUB) to deliver a white label platform solution to their network of accountants and advisers. The partnership will provide accountants and advisers with access to their own tailored version of HUB24’s award-winning platform, offering a complete solution […]

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The future of advice lies in finding the right blend of technology and the personal touch: HUB24

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As the technology used in advice practices continues to mature to enhance bottom line results, the challenge for advisers is to find the blend that works best for their business and clients, according to a new whitepaper by CoreData and HUB24 entitled: The Modern face of advice. While technological tools are reshaping the wealth management […]

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