Wealth

The investment software provider has raised its forecast profit range for the full year by $14 million, on the back of wrapped up acquisition payments.

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Trading and wealth management fintech OpenMarkets Group has launched a significant board shake-up and acquired a goals-based advice platform as it looks to go public.

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Financial planners are improving their attitude to technology as the COVID crisis has acted as a catalyst for many to embrace digital ways of doing business, according to an advice industry body.

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The investment platform has lured almost $2 billion in net inflows over the March quarter, with its acquisitions driving its growth and its platform funds more than doubling from a year prior.

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Praemium's funds under management reached a new record for the March 2021 quarter amidst a “busy period” for its Australian platforms.

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