InvestSmart Group's new white label online investing platform launch

InvestSmart Group Limited (ASX: $INV) has announced the launch of its white label online investing platform and the appointment of its first external investment manager, The Rask Group Pty Ltd (Rask Invest). The platform will offer professionally managed investment portfolios within the InvestSMART Professionally Managed Accounts ARSN 620 030 382 (PMA), with InvestSMART providing the back-end administrative, compliance, and technological platform utilizing its proprietary digital solutions.

Executive commentary on the new white label online investing platform

The Chairman of the Board, Mr Paul Clitheroe AM, expressed that the launch of InvestSmart's white label platform is a win-win for both investors and investment managers. He highlighted the significant growth potential of the platform and emphasized the aim to provide affordable access to professional portfolio management expertise, especially for those with limited financial resources. Mr Owen Rask, Founder of the Rask Group and Chief Investment Officer of Rask Invest, commented on the partnership, emphasizing the shared investment philosophy and the opportunity to empower more Australians to build wealth with confidence.

Summary of InvestSmart Group's white label online investing platform launch

InvestSmart Group (ASX: $INV) has launched its white label online investing platform, aiming to extend its services to other businesses and further its position as a leading Australian digital wealth and advice platform. The partnership with Rask Invest introduces InvestSMART's PMA as a white label online investment platform, offering growth potential and affordable access to professional portfolio management expertise. The company's primary concern is to ensure Australians have access to quality information and suitable investments that align with their financial goals and stage of life. The platform's launch reflects the growing trend of online investing as a means to secure financial futures, especially for younger Australians.