Melbourne, Australia, October 25, 2017 – myprosperity, Australia’s leading personal wealth platform, today announced a partnership with ASX listed investment and superannuation platform, Hub24. The deal enables myprosperity users to view their Hub24 assets within their personal wealth portal, for a more complete view of their “whole of wealth”.
A one-stop-shop for managing personal wealth, myprosperity has grown significantly over the past 12 months, tripling in size and appointing Chris Ridd, the former Managing Director for Xero Australia, as CEO.
Meanwhile, Hub24 has been disrupting the market with its product agnostic administration platform for investments and superannuation. The platform offers a comprehensive range of investment options, with enhanced transaction and reporting solutions, for all types of investors – individuals, companies, trusts, associations or self-managed super funds.
The partnership enables advisers and accountants on both platforms to take a consolidated approach and transform the way they service customers by providing real time, bespoke information to clients on their personal financial position.
Chris Ridd, CEO of myprosperity said “Jason Entwistle and the team at Hub24 have been disrupting the industry for the past 10 years. With this integration we’re one step closer to providing a fully integrated wealth platform, centralising clients’ “whole of wealth” in one convenient place.”
“This creates a massive opportunity for advisers: by minimising time spent on administrative tasks, and providing their clients a bespoke wealth portal powered by live data feeds, advisers can grow their digital brand and increase their revenues. We’re very excited about this partnership and what it means, with wealth administration really coming together for advisers and clients.”
Jason Entwistle, Director – Strategic Development of Hub24 said “Pleased to be working with My Prosperity and sharing data to enable the advisers to choose the tech tools they want to use and provide the best experience for their clients.”
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