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The latest update is out from Netwealth Group Ltd. ( (AU:NWL) ).
Netwealth Group Limited reported a record-breaking quarter with Funds Under Administration (FUA) net inflows reaching $4.5 billion, marking a 69.8% increase from the previous year. The company achieved significant growth in its non-custodial product offerings, and enhancements to its platform, indicating robust operational performance and solidifying its position in the competitive wealth management industry.
More about Netwealth Group Ltd.
Netwealth Group Limited is a prominent Australian company in the wealth management and technology sector, providing comprehensive financial services and solutions. Its primary focus is on offering asset management and investment products, with a strong emphasis on enhancing client experience through technology-driven platforms.
YTD Price Performance: -2.16%
Average Trading Volume: 373,576
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$6.89B
Find detailed analytics on NWL stock on TipRanks’ Stock Analysis page.
