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Netwealth Group Limited

ASX Announcements

Notification regarding unquoted securities - NWL

Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)

  • Dec 19, 2024
  • 6 pages

Becoming a substantial holder for ARC

Becoming a substantial holder

  • Dec 19, 2024
  • 2 pages

Notification regarding unquoted securities - NWL

Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)

  • Dec 5, 2024
  • 7 pages

Ceasing to be a substantial holder for MRI

Ceasing to be a substantial holder

  • Dec 3, 2024
  • 2 pages

Change in substantial holding for MRI

Change in substantial holding

  • Dec 3, 2024
  • 2 pages

View all NWL announcements

This Month

The best and worst ASX stocks of 2024

The stocks that did the most damage in 2024 – and the ones that ruled

One fintech darling has more than tripled in the past 12 months, but the same can’t be said for lithium stocks on the front line of the EV slowdown.

  • Joshua Peach and Joanne Tran
Chris Hulls, centre, as Life360 makes its public market debut in New York.

The ASX’s founders are in dump mode

Insiders are cashing out hundreds of millions of dollars of stocks after stellar share price runs. Are they sending a message?

  • Jonathan Shapiro

July

Rich bosses: Richard White, Andrew Forrest, and Peter Wilson.

The 10 wealthiest executives in the ASX 300 revealed

The Australian Financial Review’s Rich Bosses list for 2024 is dominated by tech and mining executives and also welcomes a new face.

  • Euan Black

May

What this CEO has learnt about spouting off ideas in meetings

Netwealth CEO Matt Heine is a self-proclaimed “ideas fountain,” but has learnt the trait doesn’t always work in the top job.

  • Ciara Seccombe and Lap Phan

July 2023

Jacqueline Fernley CIO and Tim Yule CEO of Mason Stevens. The wealth management platform is pursuing an IPO.

Mason Stevens launches IPO roadshow; talks up record revenues

Street Talk understands the wealth manager technology and services provider has been doing the rounds with potential investors.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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Sam Hupert is currently working from a house in Tuscany, Italy.

Why the boss of this $7b company is wary about the hype around ChatGPT

Pro Medicus CEO Sam Hupert also says the company has benefited from an early decision to remain debt-free.

  • Sally Patten and Patrick Durkin
WiseTech Global co-founder Richard White lives in a self-powered mansion in Sydney’s Bexley.

The 10 wealthiest executives in the ASX 300 revealed

The Australian Financial Review’s Rich Bosses list for 2023 is dominated by mining and technology executives, and includes a displacement at the top spot.

  • Euan Black
Matt Heine and his father Michael floated Netwealth in 2017.

Why investors love a Rich Boss – and how to get more of them

The Rich Bosses list reads like a roll of fund managers’ market darlings or private equity’s big misses. It’s all about backing a founder.

  • Anthony Macdonald
Matt Heine says economic uncertainty is still playing out for Netwealth’s clients.

Netwealth share price jumps as gross inflows hit record $6.2b

The company finally “appeared to have stemmed” year-on-year declines in inflows, an analyst said, even though it was largely driven by a single transition.

  • Updated
  • Hannah Wootton
Matt Heine

How this CEO (and his dad) built a $3.2b business from scratch

Ask Netwealth CEO Matt Heine what he has learnt about building a $3 billion company and he doesn’t miss a beat. “It’s really hard.”

  • Sally Patten

November 2022

UBS has resumed coverage of ASX-listed wealth managers.

UBS unconvinced by AMP, Insignia turnarounds

Australia’s largest retail wealth managers still face a slew of revenue and regulatory headwinds three years after they were blasted by a royal commission.

  • Aleks Vickovich

October 2022

Buy, hold, sell: Five resilient cash cows

Two fundies give their analysis of three profitable ASX darlings and share one small cap that they believe will continue to spew out cash (and remain resilient) over the year ahead.

Should you hold on to shares that are falling in value?

How to bullet-proof your portfolio

A reader asks John Wasiliev whether the shares he owns will survive market volatility.

  • John Wasiliev

August 2022

Matt Heine and father Michael at their home in central Melbourne.

Netwealth’s Rich Lister steps back, but not ‘riding into sunset’

Michael Heine’s departure is part of the company’s succession plan and his son Matt Heine, now joint managing director, will become sole managing director.

  • Updated
  • Lucy Dean

April 2022

Praemium CEO Anthony Wamsteker says the firm can become a leading platform provider.

Wealth platforms claw $3.3b as Wexit frees up market

Shares in Hub24 jumped 3 per cent to $26.20, while shares in Praemium surged 16.9 per cent to 72c by 2pm in Tuesday’s trade.

  • Aleks Vickovich
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February 2022

Treasury Wine Estates CEO Tim Ford is lifting margins in the US business.

What we learnt: Celebrity outlaws take Treasury Wines upmarket

The first Big Wednesday of earnings season also brought key results from Santos, Pro Medicus, Netwealth, Fletcher Building, Vicinity Centres and Pact Group.

  • Updated
  • James Thomson
Netwealth joint managing director Matt Heine.

‘Hunger Games’ for talent as Netwealth watches rates

Netwealth was punished by the sharemarket as higher costs weighed on profits.

  • Updated
  • Lucy Dean and Jonathan Shapiro
Matt Heine reduced his work week from between 60 and 70 hours a week, to a more do-able 52 hours during the lockdowns.

How these executives slashed meetings

The Australian division of a fast-moving consumer goods company eliminated 25,000 hours of meetings across its 130 staff over a 12-month period.

  • Sally Patten

January 2022

Netwealth co-CEO Matt Heine: another strong year for the wealth platform.

Netwealth tipping strong finish to 2022

Wealth management company Netwealth produces a bumper December quarter, continues strong growth trajectory.

  • Ayesha de Kretser

November 2021

Want to start a company? Be prepared to lose your house

Creating a $4 billion wealth management group took ‘a lot of shoe leather, a lot of hard work, a lot of commitment’ says Netwealth’s Michael Heine.

  • Julie-anne Sprague

Original URL: https://www.afr.com/company/nwl-htg