Highlights
- HUB24 operates an capital commitment and superannuation platform used mainly by Australian financial advisers, alongside a smaller Class division that provides software for self-managed super fund administration and a NowInfinity corporate-document business.
- Platform revenue is driven mainly by FUA-based fees, supplemented by administration fees and, for some products, transaction and interest-related income.
- HUB24 reported that it ranked initial for net inflows for another consecutive quarter at that point, and active advisers numbered many notably higher.
The central development
HUB24 operates an capital commitment and superannuation platform used mainly by Australian financial advisers, alongside a smaller Class division that provides software for self-managed super fund administration and a NowInfinity corporate-document business. As HUB24 continues operating within the ASX 200, growing attention is also being directed towards ASX Financial Stocks as companies across the sector navigate changing market conditions.
For readers following ASX today live coverage, HUB24 remains a key name within the ASX 200 today.
The headline number to watch is the inflow comparis...