Wilsons Report (sell)

NWL is the technology and service champion for wrap platforms. Their growth and retention of FUA has been phenomenal and their indication of higher revenues is compelling. This is a company that should be held without trepidation, during an industry period of volatility. Furthermore, NWL does not compete with the majors as yet, so lower price and fees is not the reason consumers choose Netwealth. They must be the best at what they provide and as yet i see little evidence to the contrary

Ummm....the reason NWL has grown is due to their lower price and fees - hence why in their latest qtrly update they have uppped their fee capping to $2.5m from $1m..advisers have gone their due primarily to low cost. Starting to bite them back now