Praemium Ltd

PPS

Company Profile

  • Business description

    Praemium Ltd operates an Australian-based, fully integrated wealth management platform that enables advisers and wealth managers to construct and administer a breadth of custody and non-custody solutions for their clients through a seamless digital platform experience. The Group is focused on the high-net-worth (HNW) segment, with sophisticated adviser-led solutions designed to meet the requirements of wealthy Australians and the advisers, stockbrokers, private wealth managers, family offices and institutions who serve them. Its custodial services comprise Spectrum, an Investor Directed Portfolio Services (IDPS) solution, the Praemium Separately Managed Account (SMA), and the Powerwrap IDPS-like service.

  • Contact

    367 Collins Street
    Level 19
    MelbourneVIC3000
    AUS

    T: +61 1800571881

    https://www.praemium.com

  • Sector

    Financial Services

    Stock type

    Cyclical

  • Industry

    Capital Markets

    Fiscal Year End

    Employees

    61

Praemium Ltd News & Analysis

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Fee pressure hits Netwealth's first-half result

Netwealth's 7 per cent share price jump following its first-half result is a sign the market is underestimating the threat of rising competition, says Morningstar. 

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