Praemium administration service grows to $6billion

From

Following its launch 18 months ago the Praemium non-custodial VMA Administration service, has grown to over $6 billion in funds under administration (FUA). The service was launched to supplement Praemium’s market-leading non-custodial Virtual Managed Account (VMA) solution, currently managing over $100 billion in assets. Morgan Stanley and Shaw & Partners signed up to the VMA […]

continue reading

Praemium AI innovation to enhance client adviser engagement

From

Praemium has developed new platform functionality that provides advisers with knowledge and insights designed to enhance client engagement and strengthen the adviser-client relationship. In a platform industry first, Praemium’s innovation uses data science and technology to examine certain client behavioural patterns that may indicate a need for additional advice or guidance. Whether the behaviour patterns […]

continue reading

Praemium signs new SMA partnership

From

Praemium is pleased to announce that it has entered into a partnership with Pitcher Partners Wealth Management Brisbane to utilise Praemium’s integrated Managed Account platform for Pitcher Partners’ Customised Portfolio Solution. This partnership provides the ultimate flexibility to create custodial and non-custodial managed account solutions for many of the firm’s current and future clients. David […]

continue reading

Morgan Stanley & Praemium extend partnership

From

Praemium is delighted to have extended its relationship with Morgan Stanley Wealth Management Australia, to transition 2,500 new portfolios to the Praemium platform, with an incremental contract value of approximately $1 million per annum. The Praemium integrated Managed Accounts Platform, launched earlier this year, offers adviser groups a one-stop-shop to operate multiple investment approaches, by […]

continue reading

Praemium releases major platform upgrade

From

Praemium is pleased to announce the launch of a major technology upgrade and new rebrand for its global investment platform. With this upgrade, our addressable market in Australia expands from the $62 billion Managed Accounts segment1 to the $860 billion overall platform market2. Praemium’s unique, integrated platform will deliver the ultimate Unified Managed Accounts (UMA) […]

continue reading

Praemium launches 3 new SMA partnerships

From

Leading Managed Accounts provider Praemium is pleased to announce three new SMA partnerships, Thornton Group, Advisory Partners and Providence Wealth. In addition to these new partnerships, Praemium has added a number of new model portfolios to the Praemium SMA. Alliance Bernstein, UBS, Nucleus, Pendal and Legg Mason have all had model portfolios added to the […]

continue reading

Hartleys transfers to Praemium’s investment platform

From

Praemium is pleased to announce that national financial services firm Hartleys has signed an agreement to use the Praemium reporting and administration platform to manage its client portfolios. This preeminent Western Australian broking and wealth management firm has in excess of 11,000 retail and wholesale clients with approximately $1.2 billion under management. Hartleys CEO Charlie […]

continue reading

Praemium signs 5-year contract with CMC Markets

From

Praemium has announced that it has signed a 5-year contract with CMC Markets Stockbroking Limited (CMC) to provide Tax Tools, Praemium’s advanced tax reporting solution. Praemium has been providing Tax Tools since 2008 to a key institutional client at a previous minimum contract value of $1 million per annum. Under the new Agreement, Praemium will […]

continue reading

Morgan Stanley chooses Praemium’s SMA solution

From

Praemium is pleased to advise that it has agreed terms with Morgan Stanley Wealth Management Australia to broaden its longstanding relationship to include Managed Accounts. Praemium’s market-leading SMA technology will provide a completely automated Managed Accounts investment solution, supplementing the existing performance and tax reporting services that Praemium has been providing Morgan Stanley since 2005. […]

continue reading

JBWere extends contract with Praemium

From

Praemium is pleased to announce that JBWere Limited has extended its agreement for Praemium to provide reporting solutions to their wealth management client portfolios for a further 2 years. The solution, based on Praemium’s portfolio administration and reporting software, has a current annual value in excess of $1 million. Building on its core functionality for […]

continue reading