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Netwealth Group (ASX:NWL) Cash, Cash Equivalents, Marketable Securities


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What is Netwealth Group Cash, Cash Equivalents, Marketable Securities?

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Netwealth Group (ASX:NWL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Netwealth Group Ltd (ASX:NWL) » Definitions » Cash, Cash Equivalents, Marketable Securities
Traded in Other Exchanges
N/A
Address
180 Flinders Street, Level 6, Melbourne, VIC, AUS, 3000
Netwealth provides cloud-based investment administration software as a service, or SaaS, in Australia via its proprietary platform. Netwealth's platform provides portfolio administration, investment management tools, and investment and managed account services to financial intermediaries and directly to clients. The company charges SaaS fees based on funds under administration and management on its platform. Netwealth also offers Netwealth-branded investment products on its platform which are managed by third-party investment managers.