Financial services provider Fiducian has reported a 10 per cent increase in funds under management, advice and administration (FUMAA) for the FY24–25, with FUMAA increasing $1.33 billion from 13.51 billion at 30 June last year.
FUMAA has grown approximately 85 per cent over a five-year period from $8.03 billion at the end of June 2020 up to $14.84 billion at 30 June 2025.
Statutory net profit after tax (NPAT) also saw strong growth for the FY24–25, increasing 23 per cent to $18.57 million.
In its annual report for 2025, Fiducian Group executive chairman Indy Singh said the three operating segments of the business remained resilient over the past year despite the 17 per cent peak-to-trough fall in Australian markets between February and April.
Singh said the group also continues to maintain a clear balance sheet and remains debt free with positive working capital and cash flow position.
However, the executive chairman said capital raising or debt funding may be considered if suitable acquisitions or business growth opportunities arise.
On the funds management side, Singh said Fiducian’s funds had performed well over the medium to long term in their respective categories.
Funds under management had reached $5.79 billion as of June 2025 and climbed higher to $5.92 billion over the month of July.
In terms of its platform administration, Fiducian said its products for independent financial advisers such as Auxilium were beginning to build scale and compete with existing platforms.
Fiducian saw a total of $124 million in net flows into Auxilium and its badged products for independent financial advisers, with total funds under administration reaching $236 million at 30 June 2025.
Fiducian plans focus on building scale and delivering consistent double-digit earnings growth over the long term.
“Management is determined to stay committed and focused in this difficult climate, to try and achieve this goal,” Singh said.
Singh said this financial year could bring positive results for clients if interest rates continue to trend downwards in most jurisdictions, inflation rates continue to drop back towards central bank targets and average corporate earnings continue to grow.
“In these circumstances, yields on fixed interest securities (bonds) could also decline and deliver capital growth and positive returns for investors,” he said.
