1 October we become SureStone CapitalSame team, same ABN. Our website and email addresses move to surestone.com.au.
Preparing video
Key points:
Record FY26 result with strong net inflows and higher dividend Ambitious FY28 platform FUA target of $186–200 billion (ASX:HUB)Increased control via HUB24 Super Fund and launch of My Hub ecosystem
Andrew Alcock HUB24 (ASX:HUB) Managig Director sets out record FY26 numbers, stating that the group’s strategy and execution are delivering strong momentum. Net inflows rise 20% to $18.9 billion, with funds under administration climbing to $164.3 billion and platform funds under administration to $139.5 billion. Revenue lifts 23% to $501 million and net profit jumps 51%, with a fully franked final dividend of $0.42 per share. Alcock highlights HUB24’s ranking as number one for net inflows for ten consecutive quarters and targets $186–200 billion in platform FUA by FY28, aiming for the middle to upper end of that range.
Alcock describes HUB24 as the fastest‑growing platform in Australia and argues that growth can continue, driven by technology, product flexibility and broad appeal across client demographics. Control of the HUB24 Super Fund, now at roughly $60 billion, is seen as timely, providing greater influence on public policy and closer alignment between the trustee and the business.
AI is viewed as a key enabler, already improving back‑office efficiency and gradually enhancing adviser tools. Alcock expects continued investment, including tens of millions annually in technology and new products, while still targeting rising profits and margins despite near‑term market uncertainty and regulatory noise.
