01/07/2025 09:22

Netwealth Group Ltd (NWL) $33.59

After an aggressive 38% pullback during the volatile April period, investment platform provider NWL has demonstrated itself to be a high-beta top performer in the sector, advancing 17% year-to-date.

Read more

10/04/2025 17:19

Netwealth Group (NWL) $26.36

NWL +16.59%: Released a solid quarterly update this morning on a day where high-beta technology stocks were already due to outperform. Funds under administration inflows took a slight dip but maintained positive momentum, though slightly offset by mention of higher FY26 costs.

Read more

23/01/2025 16:49

Netwealth (NWL) $29.90

NWL +1.67%: Ended higher though it was a volatile session with traders taking advantage of early strength following a good quarterly.

Read more

13/08/2024 17:08

Netwealth (NWL) $20.70

NWL -5.57%: shares were lower on slightly weaker than expected FY24 earnings, though FY25 has started well by the look, and indications around flows look positive.

Read more

11/07/2024 16:57

Netwealth Group (NWL) $21.00

NWL -4.15%: Reported net inflows for the fourth quarter of $3.8 bn, taking FY net Funds Under Administration (FUA) flows of +$11.2 bn, with FUA at period end of $88.0bn up from $70.27bn at the end of FY23. These are great numbers,  however a few flags to highlight on NWL (and HUB for that matter).

Read more

03/05/2024 09:34

Netwealth Group Ltd (NWL) $19.66

NWL is up over +28% so far in 2024, a very impressive advance for one of the fastest-growing wealth management businesses in Australia - NWL operates the largest of the speciality platform providers in Australia. However, neither MM nor the market was keen on NWL’s March Quarter update, which, despite strong Funds Under Administration (FUA) growth, saw the stock sell-off aggressively due to fears about their underlying metrics, such as margins and associated leverage.

Read more

11/04/2024 16:40

Netwealth (NWL) $19.26

NWL -5.03%: the independent investment platform was out with its March Quarter update today and, despite strong Funds Under Administration (FUA) growth, the stock was hit the most since October last year on revenue growth concerns. FUA increased $6.7b in the period to $84.7b with $2.7b coming from net inflows, positive market performance accounting for $4b.

Read more

26/03/2024 09:12

Netwealth Group Ltd (NWL) $21.48

Investment platform business NWL is one of the market's best performers in 2024 and over the last year, with the stock making a fresh all-time high yesterday.

Read more

19/10/2023 17:13

Netwealth Group (NWL) $13.63

NWL -7.84%: Hit hard today after their quarterly Funds under Administration (FUA) update showed slowing growth, though certainly not helped by a soft session on the broader market. FUA increased by $1.6b to $72b, driven by $2.1b of net inflows with a small detraction from a soft market.

Read more

06/07/2023 09:02

Netwealth Group (NWL) $13.71

NWL closed down -3.8% and similarly to HUB it remains largely unchanged for 2023 and over the last 2 years. The company’s 3Q update delivered in April was weak with Funds Under Administration (FUA) growth slowing, not an ideal backdrop.

Read more