After hitting $11 billion in funds under management, platform provider Netwealth is planning to add new staff to its team.
In a LinkedIn announcement this week, Netwealth joint managing director Michael Heine said the platform provider is on track to reach $20 billion in FUM by 2020.
Now, Mr Heine said the company is looking to hire in all areas of the business, including IT, operations, finance and compliance.
“Netwealth has achieved significant success and is growing rapidly,” Mr Heine said.
“We are a leader in the platform space and need experienced people to drive our continued success.”
The growth plan comes less than a month after Netwealth announced it sold the compliance services arm of Pathway Licensee Services to Catalyst Compliance.
Read more:
ANZ expected to further divest Asian businesses
Trump’s trade policy could have a ‘negative outcome’
Sovereign wealth funds look to private investments
Divergence in emerging market performance likely
Asian liquidity improves in December, still high
Nine Australian funds are among the world’s 100 biggest asset owners, according to a new report from Willis Towers Watson’s Thinking Ahe...
All four major banks have staunchly defended their vertically integrated models, arguing that a conflicted ‘one-stop shop’ approach to a...
A parliamentary inquiry into the consequences of changing franking dividends has launched with one liberal MP calling the Labor proposal an ...
