Netwealth Group Limited (ASX:NWL) Reaches $100 Billion FUA
Milestone Achievement
Netwealth Group Limited has announced it has surpassed $100 billion in Funds Under Administration (FUA) on its 25th anniversary. As of November 28, the total FUA comprised $99.5 billion of custodial FUA and $0.7 billion of non-custodial FUA.
The company reported a strong performance with total FUA net inflows of $6.6 billion for the financial year 2025, alongside a $5.6 billion increase from market movements. Netwealth’s flagship Managed Account has achieved notable success, surpassing $20.6 billion due to accelerating industry adoption.
New Online Experience
In alignment with this milestone, Netwealth has unveiled a new online platform for advisers and investors. This updated experience aims to deliver a modern, intuitive, and interactive interface to enhance user engagement.
CEO and Managing Director Matt Heine commented, “Today marks our 25th anniversary and we are excited to announce that we have also reached a major milestone exceeding $100 billion Funds Under Administration. We are incredibly proud of what we have achieved over the last 25 years and the positive impact on our industry and our clients.”
He added that this achievement would not have been possible without the support of clients and the dedication of the Netwealth team.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Netwealth Group. The Motley Fool Australia has positions in and has recommended Netwealth Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.