Praemium integrates with Xplan

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Praemium has announced it has integrated with Iress to make it easy for advisers to seamlessly initiate new Praemium applications from within Xplan. Praemium’s existing paperless application with digital acceptance allows advisers to invite their clients to accept an application form online, speeding up the application and on-boarding process significantly. This process is now further

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Praemium takes control of Powerwrap

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Leading global platform Praemium has successfully taken control of Powerwrap following its off-market take-over. Payment of the 94% in acceptances received during the take-over was completed on 2 October 2020. The remaining 6% of Powerwrap shares are now being acquired under compulsory acquisition, with this process to be finalised in early November. Powerwrap Limited (ASX:

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Praemium’s takeover offer recommended by Powerwrap board

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Praemium Limited [ASX: PPS], a global provider of technology platforms for managed accounts, investment administration and financial planning, has announced the launch of a $55.6 million cash-and-scrip takeover offer for Australian wealth management platform Powerwrap Limited. Praemium’s off-market offer is for all the issued shares of Powerwrap that it does not already own. Praemium currently

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Praemium ESG options a platform industry first

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In response to growing investor and adviser demand, Praemium has significantly enhanced its approach to Environmental, Social and Governance (ESG) with new ESG screening and customisation platform functionality and the addition of the Australian Ethical Australian Shares Portfolio to the Praemium SMA. In a platform industry first, Praemium has partnered with leading ESG research house

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Praemium administration service grows to $6billion

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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

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Praemium AI innovation to enhance client adviser engagement

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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

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Praemium signs new SMA partnership

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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

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Morgan Stanley & Praemium extend partnership

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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

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Praemium releases major platform upgrade

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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)

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Praemium launches 3 new SMA partnerships

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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

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