HUB made fresh all-time highs yesterday as the business continues to grow while maintaining decent margins plus most importantly in their latest report they’ve provided a huge lift in FUA guidance moving forward. Costs will increase on the tech & sales side but we believe the phenomenal growth rate more than makes up for this expenditure, also we should remember that this independent platform provider tends to under promise and overdeliver. They currently have ~4% market share if they get near they’re target of 6-7% the picture will be extremely healthy.
NB For those who haven’t had time to view yet we covered HUB in our Weekly Video yesterday which is available on Your Dashboard
MM remains long and bullish HUB
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