Praemium funds under administration rise 14% to $70.5B

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Praemium funds under administration rise 14% to $70.5B
Praemium funds under administration rise 14% to $70.5B
Mahathir Bayena
Written by Mahathir Bayena
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Praemium (ASX:PPS) has reported solid growth for the quarter ended Dec. 31, 2025, with total funds under administration rising 14% year-on-year to $70.5 billion.

Platform FUA increased 8% to $32.5 billion, driven by robust organic growth in Spectrum and Powerwrap, which posted quarterly net inflows of $266 million and $302 million respectively.

The transfer of remaining OneVue assets contributed to SMA’s FUA, lifting it to $14.6 billion, up 18% year over year.

Scope+ non-custodial portfolio administration also showed strong performance, with FUA up 19% to a record $37.9 billion, supported by new client additions including Bell Potter.

Overall quarterly net inflows reached $462 million, underscoring the strength of Praemium's platform offerings and strategic focus on high-net-worth advisers.

The completion of the OneVue transition further consolidates Praemium’s platform, enhancing client outcomes and positioning the business for continued growth in both custodial and non-custodial segments.

CEO Anthony Wamsteker said the results demonstrate the "strength of our product suite and the strategic progress we’re making across the business," with adviser engagement and demand for next-generation solutions continuing to accelerate.

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