HUB24 posts strong result off record inflows
![Results signs](https://financialnewswire.com.au/wp-content/uploads/Shutterstock_209929627.jpg)
HUB24 has posted a strong first half with net profit after tax up 39% to $25.1 million.
The platform provider said that total funds under management (FUM) had grown to $91.2 billion with platforms FUM increasing to $72.4 billion.
The company highlighted the fact that it had been a record half year for net inflows which were up 26% to $7.2 billion.
The company said that the number of advisers using the platform had increased to 4,297, up 16% from the first half of 2023 with 70 new distribution agreements having been signed.
Commenting on the result, HUB24 CEO, Andrew Alcock said that given the strong performance the board had announced an 18.5 cents per share interim dividend, fully franked.
Yeah, add this to the track list of Canberra's greatest hits.
What about the genesis of the term "Qualified Adviser". Did we ever learn of the clown who devised that term…
AMP don’t have any control over where the linked adviser channel places their business. The Joint parliamentary committee seems to…
Too little too late … they will dismiss you like your nothing!!
Is it clear who instructed Dixon remain as an AFCA member? There was a question on notice in the senate…