Netwealth Group Limited (ASX: NWL) Share Price and News

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Netwealth Group Limited Chart and Price Data

Fundamentals Data provided by Morningstar.

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as at 24 Feb 3:44pm

  • Netwealth Group Limited (ASX: NWL)
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    Frequently Asked Questions

    Yes, Netwealth has historically paid two fully franked dividends a year.

    Netwealth generally pays its shareholder dividends in March and September.

    Netwealth Group Ltd listed on the ASX on 20 November 2015.

    NWL ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Netwealth Group Limited

    Netwealth Group Ltd (ASX: NWL) is a financial services and technology company. It provides a wide range of products and services to the Australian financial investment industry, including cloud-based investment administration software as a service (SaaS), a retail superannuation fund, and an administration business.

    Netwealth's technology platform provides portfolio administration, investment management tools, and investment and managed account services to financial advisers, private clients, and companies. Netwealth charges SaaS fees based on funds under administration and management on its platform. It also offers Netwealth-branded investment products managed by third-party investment managers.

     

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    14 Nov 2025 Matthew (Matt) Heine Issued 30,926 $869,020
    Issue of securities. 120,344 Rights
    15 Sep 2025 Matthew (Matt) Heine Exercise 28,467 $868,528
    Conversion of securities. 89,418 Rights
    15 Sep 2025 Matthew (Matt) Heine Exercise 153,232 $1,771,496
    Exercise of options. As per announcement on 19-09-2025
    15 Sep 2025 Matthew (Matt) Heine Buy 28,467 $868,528
    Conversion of securities.
    15 Sep 2025 Matthew (Matt) Heine Buy 153,232 $1,771,496
    Exercise of options.
    02 Sep 2025 Sarah Brennan Buy 3,080 $99,739
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Matthew (Matt) Alexander Max Heine Chief Executive OfficerJoint Managing Director Jun 2017
    Mr Heine has been involved in the development and management of Netwealth Strategy, Platform and products as well as the distribution, branding and Marketing of the Group. He is a member of the People and Corporate Sustainability Committee
    Mr Davyd Lewis Non-Executive Director Jun 2017
    Mr Lewis was a partner of Mallesons Stephen Jaques for 20 years until his retirement in 2008. His role included Partner in Charge of the Melbourne centre, Managing Partner Practice of Mergers & Acquisitions, Property and Construction, Dispute Resolution and Intellectual Property, National Practice Team Leader of the Mergers & Acquisitions Group and more. He is the Chair of the Compliance and Risk Management Committee.
    Mr Michael Max Heine Non-Executive Director Jun 2017
    Mr Heine has experience in Australian and International markets, including commodity trading, international financing, mortgage lending and property development. He established the Heine Brothers funds management business in 1982 and was its Managing Director from 1982 to 1999 when the company was acquired by ING (then Mercantile Mutual).
    Ms Sarah Jane Brennan Non-Executive Director Feb 2024
    Ms Brennan founded and was Managing Partner of Comparator Business Benchmarking, a provider of benchmarking to Australian financial services market. She was also the founder of The Private Collection Australia and a past Deputy Chair and Director of the Financial Planning Association of Australia. She is a member of Compliance and Risk Management Committee.
    Mr Michael Howard Wachtel Non-Executive DirectorNon-Executive Chairman Jun 2025
    Mr Wachtel brings professional background and xtensive global experience in governance, risk management, finance and international transactions to the role. Through his Future Fund Board role, he had an involvement in global markets and monetary policy trends. He has previously held several leadership roles in professional services organisations, including as Chair (Asia Pacific and Oceania) of EY and a member of the EY Global Governance Council and Global Risk Executive Committee. He is a member of the People & Corporate Sustainability Committee.
    Ms Sally Margaret Freeman Non-Executive Director Oct 2019
    Ms Freeman's executive career, spanned 20 years of partnership, culminating in several leadership roles with KPMG: Global Executive Risk Consulting Services, Australia Managing Partner Risk Consulting, Partner in Charge Board Advisory and Managing Partner Internal Audit. She is currently a Non-Executive Director at Regional Investment Corporation, Melbourne Football Club, Eastern Health, and Suburban Rail Loop Authority. She is a member of the Compliance and Risk Management Committee,
    Ms Kate Temby Non-Executive Director Feb 2021
    Ms Temby brings experience across investment management, people leadership and sustainable investing. She is a Managing Director with Metlife Investment Management and a Director of Conscious Investment Management (a diversified impact investment manager) and Jakol Investments Pty Ltd. She was formerly a Board member of Melbourne Girls Grammar, Investment Committee member of Melbourne Grammar School and a Partner at Affirmative Investment Management. Kate has worked in New York and Toronto in her roles as a Managing Director at Goldman Sachs and as a Consultant at Price Waterhouse (now PwC). She is the Chair of the People & Corporate Sustainability Committee and member of the Risk Management Committee.
    Jodie Henson Company Secretary Aug 2023
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    Hayden Stockdale Chief Financial Officer
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    John Hanrahan Chief Information Officer
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    Shanyn Payne Chief People Officer
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    Jodie Henson Company Secretary
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    Matt West Executive General Manager Product and Marketing
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    Damian Holland Executive General Manager Sales and Distributions
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    Amanda Atkinson Executive General Manager Service Administration and Support
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    David Sutherland Executive General Manager Investment Operations and Managed Accounts
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    Lindsay Coates Executive General Manager Private Wealth and Banking
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    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Heine Brothers Pty Ltd 100,000,000 40.81%
    HSBC Custody Nominees (Australia) Limited 44,361,725 18.11%
    Citicorp Nominees Pty Limited 25,906,928 10.57%
    J P Morgan Nominees Australia Pty Limited 21,857,204 8.92%
    Leslie Max Heine Pty Ltd 13,408,265 5.47%
    Netwealth Investments Limited 9,482,696 3.87%
    BNP Paribas Noms Pty Ltd 3,595,363 1.47%
    Australian Foundation Investment Company Limited 3,286,037 1.34%
    BNP Paribas Nominees Pty Ltd 2,418,634 0.99%
    National Nominees Limited 1,679,658 0.69%
    Netwealth Investments Limited i 1,460,675 0.60%
    BNP Paribas Nominees Pty Ltd i 978,141 0.40%
    HSBC Custody Nominees (Australia) Limited i 879,806 0.36%
    Palm Beach Nominees Pty Ltd 647,671 0.26%
    HSBC Custody Nominees (Australia) Limited ii 460,996 0.19%
    Mirrabooka Investments Ltd 395,928 0.16%
    Asset Plus Pty Ltd 359,450 0.15%
    AMCIL Limited 325,600 0.13%
    Citicorp Nominees Pty Limited i 257,498 0.10%
    Sandhurst Trustee Ltd 257,211 0.10%

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