Praemium sees strong revenue growth as it focuses on high net worth segment

Praemium CEO Anthony Wamsteker sits down with Proactive’s Andrew Scott to talk about the company’s work in the investment administration and wealth management space. The discussion centres on a recent survey which shows that, despite a small decline, on a two year view the number of high-net-worth individuals in Australia is up about 50%. High net worth individuals are changing their wealth management goals with a focus on wealth protection strategies including shifting from high growth to more defensive stocks.
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