Myprosperity inks partnership with Netwealth

According to a statement from Myprosperity, the partnership will allow advisers who use the portal to access the Netwealth client account investment and portfolio data get updates on the status of their clients’ superannuation investment accounts. 

Myprosperity chief executive Chris Ridd commented on this update, saying that “given today’s tense debates around the ownership of financial data and advisers’ professional independence, partnering with Netwealth is a crucial step towards creating an open and diversified ecosystem where advisers and their clients can make informed decisions about their future”.

Netwealth joint managing director Matt Heine said, “Netwealth is committed to fostering an open ecosystem for advisers, and Myprosperity share that commitment.

“We work with a large number of advisers who use their service and we are excited to make this integration into a reality.”