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Netwealth Surges with Record $4.5B Net Inflows in December Quarter
8:36am on Thursday 23rd of January, 2025 AEDT
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Financial Services
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Netwealth Surges with Record $4.5B Net Inflows in December Quarter
8:36am on Thursday 23rd of January, 2025 AEDT
Key Points
Record quarterly net inflows of $4.5 billion, up 69.8% from prior year
Funds under administration (FUA) reached $101.6 billion, a 30.2% increase over the year
12-month FUA net inflows hit a record $15 billion, 57.2% higher than prior year
Significant product and platform enhancements launched during the quarter
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