By Digifin Pty Ltd · About this coverage
Key Points
- Total FUA of $168.6 billion, up 15% on pcp
- Platform FUA of $143.7 billion, up 18% on pcp
- Platform net inflows of $4.0 billion, down 23% on pcp
- 45 new licensee agreements and 211 more advisers, taking the total to 5,860
- HTFS Nominees acquisition remains subject to regulatory approvals
About HUB24 (ASX:HUB)
HUB24 Limited is an ASX-listed wealth technology company headquartered in Sydney. It operates the HUB24 investment and superannuation platform used by financial advisers and their clients, along with the Class and NowInfinity administration software businesses.
HUB24 (ASX:HUB)'s first-quarter FY27 update reports continued platform growth but slower net inflows than a year earlier, which the company links to the macroeconomic environment and tax changes.
Total funds under administration (FUA) were $168.6 billion at 30 September 2026, up 15% on pcp, comprising Platform FUA of $143.7 billion (up 18%) and Portfolio, Administration and Reporting Services (PARS) FUA of $24.9 billion (up 2%). Platform net inflows were $4.0 billion, down 23% on pcp, and gross inflows were $8,635m, down 3%. Platform FUA rose 3% over the quarter, mainly from net inflows, with $0.2 billion from market movements. HUB24 says superannuation net inflows were resilient, while Investor Directed Portfolio Services (IDPS) gross and net inflows were lower than the pcp. It signed 45 new licensee agreements and advisers using the platform rose by 211 to 5,860. Plan for Life data to 30 June 2026 ranks HUB24 first for quarterly and annual net inflows, with market share of 10.1%.
The update contains no revenue or earnings figures, and its statistics are rounded and unaudited. The acquisition of HTFS Nominees, trustee of the HUB24 Super Fund, remains subject to regulatory approvals.
Source: HUB24 Limited (ASX:HUB), 20 October 2026. Summary content supplied by Digifin Pty Ltd.
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