Netwealth Group Limited

Netwealth was created with an entrepreneurial spirit to challenge the conventions of Australia’s financial services.

We are a technology company, a superannuation fund, an administration business. Above all we exist to inspire people to see wealth differently and discover a brighter future.

Founded in 1999, Netwealth is one of the fastest growing wealth management businesses in Australia. We are rated No.1 by our customers for providing exceptional customer service and analysts continually rate our technology as best in class.

ASX Code
NWL

Sector
Diversified Financials

Website
https://www.netwealth.com.au/web

Spotlight Videos

Analysis of ANZ Group Holdings, Apple, Netwealth Group

August 14, 2024 - by Finance News Network

Fund Manager Chris Pedersen discusses ANZ Group Holdings, Apple Computer and Netwealth Group.

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News

NWL – Citi rates the stock as Neutral

January 17, 2022 - by Broker News

Neutral rating retained as Citi continues to struggle with the valuation, while the price target climbs to $16.40 (up from $15.95).

NWL – Credit Suisse rates the stock as Outperform

November 8, 2021 - by Broker News

Outperform rating and $17.80 target maintained.

NWL – Credit Suisse rates the stock as Neutral

April 7, 2021 - by Broker News

Netwealth Group has advised the rate it was receiving on cash will be terminated in 12 months. Credit Suisse retains its Neutral rating with the target falling to $14.40 from $17.50.

NWL – Morgans rates the stock as Hold

March 26, 2021 - by Broker News

ANZ Bank has provided 12 months' notice to terminate the current pooled cash deposit arrangements to both Netwealth Group and HUB24 ((HUB). Hold rating and target falls to $15.40 from $16.20.

NWL – UBS rates the stock as Neutral

March 20, 2020 - by Broker News

Netwealth has announced it will absorb the impact of the cut to the official cash rate, equivalent to a cut of around -10%to pre-tax profit on a full-year basis. This is in line with UBS forecasts.

NWL – UBS rates the stock as Sell

January 24, 2020 - by Broker News

Netwealth reported a record $2.9bn net inflows in the Dec Q, made up of $1.1bn from ANZ Private and a doubling of underlying flows from six months ago. Add in a strong market to kick off 2020 and the company has raised its funds under management outlook. Target rises to $7.65 from $7.50.