Netwealth Group Ltd (ASX: NWL) Share Price and News
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Netwealth Group Ltd (ASX:NWL) is an Australian fintech company that was founded in 1999. The company prides itself on its entrepreneurial spirit and aims to be an innovator of the financial services sector.
Netwealth is a superannuation fund but also regards itself as a technology company. It provides a range of investment and wealth management products and services. These include investment management tools, superannuation management platforms, administrative tools and managed account solutions.
Netwealth primarily targets wealth management professionals but also works directly with personal investors. The company boasts more than 75,000 account holders and over $25 billion in funds under management and administration. Netwealth has over 300 employees throughout Australia and works with more than 2,500 wealth advisor clients.
Netwealth listed on the ASX on 20 November 2017 to spectacular success. On its ASX debut, Netwealth shares were issued at $3.70 and, within hours of launch, the Netwealth share price had risen to $5.11. Since then, Netwealth shares have continued to perform well, reaching levels above $14 in 2020.
Netwealth Group Ltd (ASX: NWL) Latest News
Why Galaxy (ASX:GXY) and these ASX shares just hit new highs
James Mickleboro | September 18, 2020 8:13am
Galaxy Resources Limited (ASX:GXY) and these ASX shares have just hit 52-week highs or better. Here's why they are on form... More »
ASX 200 drops 1.2%, Mineral Resources (ASX:MIN) fell 9%
Tristan Harrison | September 17, 2020 5:58pm
The S&P/ASX 200 Index (ASX:XJO) dropped by more than 1% today. The Mineral Resources Limited (ASX:MIN) share price fell by 9.4%. More »
Netwealth share price on watch after strategic investment in Xeppo
James Mickleboro | September 17, 2020 9:24am
The Netwealth Group Ltd (ASX:NWL) share price will be on watch today after the announcement of a strategic investment in Xeppo... More »
ASX 200 rises 0.8%, Treasury Wine Estate shares turn sour
Tristan Harrison | August 18, 2020 5:26pm
The S&P/ASX 200 Index (ASX:XJO) went up by 0.8% today, the Treasury Wine Estates Ltd (ASX:TWE) share price fell 14.3%. More »
Netwealth share price on watch as net profit surges 22%
Ken Hall | August 18, 2020 9:20am
The Netwealth Group Ltd (ASX: NWL) share price is on watch after reporting strong earnings growth in its FY20 annual results More »
Why the Netwealth Group share price leapt 33% in July
Bernd Struben | August 5, 2020 3:49pm
Wealth management services provider Netwealth Group Ltd's (ASX: NWL) share price surged in July. Here's why... More »
Why Alliance Aviation, Cochlear, Kogan, & Netwealth shares are storming higher
James Mickleboro | August 3, 2020 1:05pm
Cochlear Limited (ASX:COH) and Kogan.com Ltd (ASX:KGN) shares are two of four storming higher on Monday. Here's why... More »
These were the best performing ASX 200 shares in July
Kate O'Brien | August 3, 2020 9:26am
July was a shaky month for the ASX 200 but there were some outperformers. We take a look at the top performing ASX 200... More »
These were the best performing shares on the ASX 200 in July
James Mickleboro | August 2, 2020 9:04am
Netwealth Group Ltd (ASX:NWL) and Fortescue Metals Group Limited (ASX:FMG) shares were among the best performers on the ASX 200 in July... More »
Leading brokers name 3 ASX 200 shares to sell today
James Mickleboro | July 21, 2020 1:06pm
Leading brokers have named Commonwealth Bank of Australia (ASX:CBA) and these ASX 200 shares as sells this week. Here's why... More »
Leading brokers name 3 ASX 200 shares to sell today
James Mickleboro | July 14, 2020 2:06pm
Leading brokers have named Netwealth Group Ltd (ASX:NWL) and two more ASX 200 shares as sells this week. Here's why they are bearish on them... More »
ASX 200 Weekly Wrap: Rocketing BNPL shares fail to stop ASX 200 slide
Sebastian Bowen | July 13, 2020 8:30am
Here on our ASX 200 Foolish Weekly Wrap, we look at the things that moved the S&P/ASX 200 Index and the broader share market... More »
Top brokers name 3 ASX 200 shares to sell next week
James Mickleboro | July 12, 2020 9:23am
Top brokers have named Cochlear Limited (ASX:COH) and these ASX 200 shares as sells. Here's why they are bearish on them right now... More »
These were the best performing ASX 200 shares last week
James Mickleboro | July 11, 2020 8:37am
Netwealth Group Ltd (ASX:NWL) and Mesoblast limited (ASX:MSB) were among the best performers on the ASX 200 last week... More »