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Praemium Announces National Dealer Group Approves Powerwrap/Praemium Platform
Thursday October 8, 2009, 9:20 am

Original Announcement: National Dealer Group approves Powerwrap / Praemium platform

Praemium reported Powerwrap announced a new milestone with the signing of national dealer group, Australian Financial Services (AFS). AFS, with FUA of $5,500m, 222 advisers and sustained continual growth, is the first national dealer group to approve the Powerwrap platform and it marks the second agreement for Powerwrap in a fortnight. The Powerwrap model, built on Praemium's proprietary V-Wrap and SMA technologies, is an industry solution for financial planning practices to achieve business efficiencies by using modern investment administration and tax management functions not available from traditional legacy platform providers.

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