At this stage I’m not sure, I need to do some more work. While Praemium have a solid offering and I’ve previously come close to investing in it, I’ve never really looked into Powerwrap. Industry consolidation was bound to occur at some point and their could be more to come.
Netwealth has a strong balance sheet allowing the company to continue its previously advised increased investment in technology and it’s service offering therefore strengthening their customer proposition and fending off the competition.
At this stage I’m not sure, I need to do some more work. While...
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