Praemium leads the charge
Switzer Daily Michael Ohanessian, head of investment platform Praemium (PPS), sounds like he’s channelling the coronavirus when he says that “like any living organism, any organisation wants to survive.” But in this case, he’s referring to the need for the $800 billion a year adviser ‘platform’ sector to grow and diversify at a time when the banks’ stampede from the wealth management sector is also creating opportunities. The banks’ exit has created what dubs as specialist platform providers – non-bank aligned providers that generally have more modern software and are genuin...
Source: switzer.com.au
