FNZ, a global wealth management platform, now administers $2 trillion in client assets on its platform.
This has been driven by new client acquisitions, expanded mandates with existing customers and organic market growth. Over the past five years, assets under administration have increased by 406 per cent, equivalent to 38.3 per cent annualised growth.
Founded in 2003, FNZ provides technology and operational solutions to banks, insurers, and wealth managers. The company operates in most major global markets and serves over 26 million clients.
FNZ Group CEO Blythe Masters says: “Surpassing US$2 trillion in Assets on Platform is a powerful demonstration of the strength of our platform, the dedication of our people and the deep, long-term partnerships we have with our clients.
“We only succeed when our clients succeed, and we remain relentlessly focused on supporting their ambitions, as we use technology to empower advisors and make saving for the future easier for everyone.
“We are incredibly excited about the future, harnessing our scale, technology and expertise to open up wealth and support our clients in delivering innovative, efficient and personalised wealth management and market services to millions of end investors.”
