James Edmonds

Praemium has strengthened its custodial offering by integrating Clearstream’s Vestima platform into Praemium Spectrum – delivering a new level of global fund access and operational efficiency for financial advisers.

Vestima is the world’s largest fund processing platform, supporting over 245,000 funds across 55 markets with nearly €4 trillion in assets under custody and a trusted global network of distribution partners. Its comprehensive suite of services—spanning order execution, settlement, safekeeping, and asset servicing—streamlines cross-border fund distribution and ensures the highest standards of asset safety.

For advisers using Spectrum, this provides access to a broader universe of investment options, including international funds that were previously out of reach. Vestima’s integration simplifies the administration of global assets, reduces operational friction, and enhances portfolio construction flexibility, allowing advisers to deliver more tailored, diversified solutions to their clients.

Initially, Vestima will support the transition of selected funds from the OneVue client migration. Praemium’s Investment Governance team is actively working to expand the approved product list, unlocking access to a wider range of global markets.

“This integration will provide a significant advantage for advisers seeking to differentiate their offering,” said James Edmonds, Praemium’s Chief Operating Officer. “Praemium is ahead of the curve as one of the only platforms in Australia to offer this capability through Vestima, and it reflects our commitment to innovation and delivering best-in-class solutions.”

Ravi Subramaniam, CEO Clearstream Australia Limited, added: “Vestima delivers secure, efficient execution and custody, backed by Clearstream’s trusted global infrastructure. Its integration into Praemium’s platform streamlines access to international funds for Australian advisors, reinforcing our commitment to supporting the growth of cross-border fund distribution and operational excellence.”

By incorporating Vestima, Praemium continues to deliver flexible, future-ready solutions that adapt to the evolving needs of advisers and their clients, empowering them to build portfolios with greater choice, efficiency, and confidence.

The post Praemium expands global fund access with Clearstream’s Vestima platform appeared first on AdviserVoice.

James Edmonds

Praemium a preeminent HNW wealth management platform and Stropro a leading alternative investment platform, have entered into a strategic partnership to expand financial advisers’ access to structured products.

This collaboration integrates Stropro’s structured product expertise into Praemium’s platform, enabling advisers to better meet the evolving needs of high-net-worth (HNW) clients.

Empowering financial advisers with new capabilities

This partnership equips financial advisers with advanced tools and resources, including:

• Access to structured product education: Comprehensive resources to improve understanding and application of structured products in client portfolios.
• Enhanced product design: Tailored investment solutions that align with specific client objectives.
• Seamless integration: Simplified management, reporting, and analytics for structured products through Praemium’s platform.

Strategic impact for advisers

By leveraging Stropro’s expertise and strong relationships with major investment banks, financial advisers gain:

• More effective tools to diversify and de-risk client portfolios.
• The ability to offer precise, customised investment solutions.
• Improved pricing and product outcomes via Stropro’s market leading panel of 10 global investment banks.
• Integrated functionality within Praemium’s platform to streamline operations.

“Structured products are an increasingly important tool for financial advisers to deliver customised solutions and meet the complex needs of HNW clients,” said James Edmonds, Chief Operating Officer at Praemium. “This partnership enhances our proposition by incorporating Stropro’s market-leading structured product capabilities within our new Spectrum product, enabling advisers to expand their offering and engage with their clients on new investment opportunities.

Ben Streater, COO of Stropro: “Praemium’s advisers will have the unique opportunity to work directly with Stropro’s Investment Desk. Our approach provides advisers with tailored education for themselves and their clients, enhanced product solutioning, competitive structured product pricing, and advanced reporting tools to support better decision-making and investment outcomes.”

This strategic collaboration highlights Praemium and Stropro’s commitment to innovation in financial services, delivering best-in-class solutions to empower advisers and help them drive superior outcomes for their clients.

The post Praemium and Stropro partner to elevate structured product offerings for advisers appeared first on AdviserVoice.

Wes Gillett has been appointed as Head of Sales, James Edmonds as Chief Operating Officer and Bruce MacDougall as Chief Financial Officer.

Powerwrap Chief Executive Officer Will Davidson said, “We are delighted that Powerwrap has added some of the best expertise in the platform business in Australia.

“These are high-quality industry leaders with extensive experience in growing and sustaining platform businesses in the wealth market.

“They will provide a substantial boost to our capability and enable us to drive our growth agenda.”

Wes Gillett was most recently Head of Marketing and Distribution at Hub24, during the period in which its funds under administration increased from $400 million to almost $6 billion. Bruce MacDougall was most recently Chief Financial Officer at the Netwealth Group, and James Edmonds was Executive Director at Morgan Stanley Wealth Management, overseeing the group’s platforms.

Mr Davidson said the appointments came at a crucial time for Powerwrap. “Powerwrap is aiming to become the largest unconstrained and most innovative institutional grade wealth management platform in the market.

“With the breakdown in the vertically-integrated banking model, Powerwrap is uniquely placed to offer financial planners and wealth advisers a non-bank-owned partner to conduct and grow their wealth businesses.

“Our track record in delivering bespoke turnkey solutions and breadth of product offering are perfectly suited to capture this market.”

Powerwrap Chairman Anthony Wamsteker said, “The Board is delighted that Will Davidson has attracted such high-calibre candidates to Powerwrap as it enters its next phase of growth.”

Powerwrap currently has approximately $6.9 billion in funds under administration and offers the broadest product range of any non-bank-owned platform through its open architecture technology

The post Powerwrap attracts top industry skills with new management appointments appeared first on AdviserVoice.