Brief: Netwealth Expands Platform Solution For Morgan Stanley Wealth Management Australia
07/07/2026 02:43
BRIEF-Netwealth Expands Platform Solution For Morgan Stanley Wealth Management Australia July 7 (Reuters) - Netwealth Group Ltd NWL.AX:
EXPANDS PLATFORM SOLUTION FOR MORGAN STANLEY WEALTH MANAGEMENT AUSTRALIA
REPORTS PRELIMINARY FY26 FUA NET FLOWS OF A$15.4 BILLION
EXPECTS FY27 FUA NET FLOWS OF A$18 BILLION-$20 BILLION
EXPECTS FY27 EBITDA MARGIN OF 47%
AIMS TO DOUBLE FUA OVER FOUR YEARS WITH EBITDA MARGIN TRENDING TOWARDS 50%
REAFFIRMS FY26 EBITDA MARGIN GUIDANCE OF ABOUT 49%
Further company coverage: NWL.AX
((Reuters.Briefs@thomsonreuters.com;))
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