MEET THE LEADERS OF THE PACK

While overall the OneVue platform has recently made big advances in functionality, Netwealth maintained its top spot for having the richest features in Investment Trends’ 2016 platform benchmark and competitive analysis report.

As well as receiving the award for best client portal, Netwealth ranked first for transactional tools, decision support and online business management tools. Other notable enhancements it made included: the introduction of international direct share trading, enhancements to its managed accounts offering, improved client and business reporting and greater client portal functionality.

Netwealth’s Matt Heine attributes much of the current $200 million in monthly inflows to client interest in managed accounts. “The beauty of a man- aged account structure is clients can have direct ownership without the administrative burden of managing that equity portfolio themselves,” says Heine. “They can also buy professionally managed mandates and hold them within their own account.”

Netwealth members have access to Morningstar research on managed funds; the ASX live service; the ability to set up alerts and watchlists; US equity research from TipRanks, which covers selected US equities including analyst ratings, blogger sentiment and hedge transactions; and monthly investment strategy webinars.

After Netwealth, the next four top platforms based on Investment Trends’ survey are: Hub24, Colonial First State FirstWrap, Asgard eWrap and Macquarie Wrap (including Perpetual Private Wrap).