HUB24 Investor Strategy Day highlights

HUB24 (ASX:HUB) held its Investor Strategy Day on November 28, 2024. The company shared insights on its strategic direction, market position, and growth plans. HUB24 remains a leader in wealth management, driven by strong industry relationships and an expanding suite of products.

HUB24's strategic growth and future outlook

HUB24 continues to lead in the wealth management sector, expanding its market share and product offerings. The company is investing in technology and innovation, including AI and machine learning, to enhance operational efficiency and customer solutions. Strategic investments, particularly in alternative solutions, are part of HUB24's growth plans. The company aims to capitalize on demographic shifts and industry transformation, positioning itself for long-term value creation. With a strong financial performance, HUB24 is set to maintain its growth trajectory and capture further market share.

Executive insights on HUB24's growth strategy

HUB24 is recognized as Australia's top provider for annual platform net inflows and managed accounts capability, with a significant presence in the SMSF software market. The company has increased its market share from 4.3% to 7.7% over the past three years, ranking it seventh with $84 billion in Funds Under Administration (FUA) as of June 2024.