Market competitive platform offering for Investments, Superannuation and SMA administration with own licences
Investment menu includes 15 Fiducian multi-manager funds, 57 external managed funds, SMAs and Term Deposits tailored to financial adviser and client demands
Advanced leading edge technology solutions help financial advisers
Electronic signatures, Digital applications with Online ID verification
True Straight Thru Processing (STP)
Multi Factor Authentication (MFA) increasing security of sensitive data and protection against frauds
Online Opt-in, Annual Service Agreements and Fee renewals
Competitive Fees can be customised at client, adviser, dealer-group and product levels
IFA and SMA focussed product launched recently. Potential for additional net inflows from distribution to IFAs and white labels / badge opportunities
IT system "FasTrack" provides cost effective automation of client administration. 20 year track record
$9.3m
$6.2m
$3.2b
Revenue
Total PBT
FUAdm
BUSINESS OVERVIEW
4
Fiducian Overview - Platform Administration
ersonal use only
Net Funds Inflows - Six monthly (in $ mil)
180
160
140
120
100
80
60
40
20
0 Jun 17 Dec 17 Jun 18 Dec 18 Jun 19 Dec 19 Jun 20 Dec 20 Jun 21 Dec 21
Competitive Fees in the bottom half of the industry average
Highly scalable model generates stable margins even as Funds Under Administration (FUAdm)
Platform administration delivers PBT Margins 66% of Revenue
Net In-flows of $163 million during first half of FY 2021-22.Both Salaried and Franchised networks contributing to the Inflows
Combination of organic flows from active referrals and inorganic flows from strategic acquisitions
Marketing to external dealer groups and IFAs begun
Platform Revenue & PBT and Average
9.5
FUAdm
8.6
9.3
3.2
$mil
8.5
7.3
7.5
7.3
7.8
3.0
2.7
7.2
7.5
7.0
2.7
6.5
6.2
PBT in
6.5
2.4
2.2
2.1
2.3
1.7 in$bil
5.5
1.8
1.9
2.0
1.7
Revenue and
4.5
1.5
FUAdm
3.5
4.7
5.0
5.5
6.2
1.2
4.2
4.3
5.0
4.7
4.8
2.5
4.8
0.7
1.5
0.2
0.5
-0.5
Jun-17
Dec-17
Jun-18
Dec-18
Jun-19
Dec-19
Jun-20
Dec-20
Jun-21
Dec-21
-0.3
Revenue (in $mil) PBT in($mil) Avg FUAdm (in $bil)
BUSINESS OVERVIEW
5
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Fiducian Group Limited published this content on 13 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 February 2022 21:41:00 UTC.
Fiducian Group Limited is an Australia-based diversified financial company. The Company offers fund management, financial planning, platform administration, financial planning software and administration systems development. Its segments include Funds Management, Financial Planning, Platform Administration and Corporate Services. In the Funds Management segment, the Company acts as a responsible entity for managed investment schemes and separately managed accounts through its subsidiary, Fiducian Investment Management Services Limited. Its Financial Planning segment is engaged in providing specialist financial planning services through its subsidiary, Fiducian Financial Services Pty Ltd. In the Platform Administration segment, the Company acts as a registrable superannuation entity (RSE) of a public offer superannuation fund, which is offered on its wrap platform through its subsidiary, Fiducian Portfolio Services Ltd. It operates primarily in Australia and India.