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Netwealth tipping strong finish to 2022

Ayesha de Kretser
Ayesha de KretserSenior reporter

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Wealth management company Netwealth says investment in people and technology helped deliver a better-than-expected December quarter and it is now tipping $13.5 billion in net inflows for financial year 2022.

Netwealth, founded by Michael Heine, who is co-chief executive with his son Matt, had record net inflows of $3.6 billion in the December quarter, an increase of 41 per cent on the prior corresponding period.

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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au

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    Original URL: https://www.afr.com/link/follow-20180101-p59psr