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HUB24 adds adviser network to platform

Platform provider HUB24 has announced a new partnership with a national adviser network with about $13.5 billion in assets.

The new platform solution with Patersons Securities will sit alongside its own in-house platform Accolade and provide a new retail superannuation solution for clients, HUB24 said in a statement.

“After a review of a number of potential platform providers, we selected HUB24 for their strong understanding of the private wealth and stockbroking sectors, and all-round superior platform capabilities,” said Patersons Securities chief operating officer Jane Tandy.

“HUB24’s subsidiary Agility Applications, a market-leader in data integration was also a key factor for Patersons in choosing HUB24, leveraging their collective capabilities in wealth management and stockbroking sectors."

HUB24 managing director Andrew Alcock said the platform provider is delighted to be supporting Patersons’ strategy to broaden their offer in the market.

“This partnership is testament to the success of combining the expertise of Agility Applications and HUB24 to provide our clients with a comprehensive solution for their custodial and non-custodial clients,” Mr Alcock said.

Adrian Flores

Adrian Flores

Adrian Flores is a deputy editor at Momentum Media, focusing mainly on banking, wealth management and financial services. He has also written for Public Accountant, Accountants Daily and The CEO Magazine.

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You can contact him on [email protected].