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Record quarterly inflows drive HUB24 platform FUA growth

On the back of $5.2 billion in inflows for the first quarter of the 2025-26 financial year, the platform provider’s funds under administration is nearing $150 billion.

In an ASX update on Tuesday, HUB24 announced that the first quarter had seen inflows of $5.2 billion, up 28 per cent on the prior corresponding period.

Alongside the record quarterly flows, the platform provider also noted that $4.1 billion in positive market movements pushed its platform FUA up 8 per cent to $122 billion.

Citing Plan for Life data, HUB24 said this was the seventh consecutive quarter that the firm had topped the charts for quarterly and annual net inflows, boosting its platform market share to 9 per cent at 30 June from 7.6 per cent a year earlier.

“The continued momentum in net inflows reflects the strength of our innovative platform solutions, service excellence, and strong adviser and licensee relationships,” HUB24 said.

“Demand from licensees and advisers continues to provide a solid pipeline of opportunities from both new and existing client relationships.”

Its Portfolio, Administration and Reporting Services (PARS) FUA also grew 14 per cent on the prior corresponding period to $24.5 billion, with the number of PARS accounts at 8,885 (up 5 per cent on pcp).

 
 

“Our strong start to FY26 reflects the significant opportunities for growth which are underpinned by strong demand for professional advice and ongoing industry transformation,” the firm added.

“HUB24 is committed to continuing to invest in delivering our strategy to capture these opportunities and further enhance our market leading proposition.”

HUB24 also spruiked the performance of its recently released Engage reporting solution, which it said had seen nearly 3,000 users accessing the tool since it launched in September.

“Engage enables financial advisers to efficiently deliver transparent and engaging reporting for investments held both on and off platform, providing their clients with a complete view of wealth,” it said.

“HUB24 Private Invest is resonating well with advisers since launching in Q4 FY25, providing a strong pipeline of opportunities. HUB Private Invest offers advised wholesale clients access to a comprehensive range of investments, including additional wholesale options, administration of on and off platform assets, and market-leading consolidated reporting powered by Engage.”

Subsidiary Class also saw growth over the first quarter, with the number of accounts across Class Super, Class Portfolio and Class Trust as at 30 September 2025 up 4 per cent on pcp to 217,386.

It added that the quarterly increase in accounts was 1,711, which is more than double the increase in the pcp.

Document orders on NowInfinity increased to 223,865 (up 15 per cent on pcp) with the number of companies using Corporate Messenger increasing to 883,095 during the quarter (up 9 per cent on pcp).