Comment & Analysis
Wealth and Asset Management
Netwealth CEO Matt Heine on market share, margins and another four years of growth
Netwealth delivered another strong result in FY26, with funds under administration (FUA) rising 20% to $135.7 billion and revenue increasing 21%. Adjusted EBITDA rose 18% to $192.9 million, with an adjusted EBITDA margin of 49.1%. CEO and Managing Director Matt Heine described FY26 as a “two-tiered year”. First Guardian created…
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