HUB24 Delivers Record $5.2bn Quarterly Inflows and Expands Platform Leadership

About HUB24 Ltd

HUB24 Limited (ASX: HUB) is a leading provider of investment platforms and wealth-management technology, helping financial advisers, accountants, and licensees deliver integrated advice solutions across Australia. Through its award-winning HUB24 Platform, Class, NowInfinity, and myprosperity products, the company empowers professionals to manage investments, compliance, and client engagement with innovation and efficiency.

In its latest update for the first quarter of FY26, HUB24 reported a record $5.2 billion in net inflows, bringing total FUA to $146.5 billion, an increase of 30 % on the prior corresponding period. The result highlights continued adviser adoption, strong client retention, and momentum across the company’s suite of technology-enabled financial-services offerings.

Platform Performance

The HUB24 Platform delivered another exceptional quarter, achieving net inflows of $5.2 billion, up 28 % year-on-year, supported by strong adviser demand and market movements contributing an additional $4.1 billion. Platform FUA grew 8 % over the quarter to $122 billion, representing a 33 % annual increase.

During the quarter, 41 new distribution agreements were executed, and adviser numbers rose to 5,229, up 11 % on the same period last year. HUB24 also strengthened its market standing, ranking first for quarterly and annual net inflows for the seventh consecutive quarter, according to Plan for Life data, and climbing to sixth largest platform by FUA (up from seventh in the prior quarter).

Retail investors accounted for 88 % of total platform FUA, up from 85 % a year earlier, reflecting HUB24’s growing reach among independent financial advisers and private clients. Institutional FUA made up the remaining 12 %.

Portfolio Administration and Reporting Services (PARS)

PARS FUA increased 14 % year-on-year to $24.5 billion, supported by steady demand from licensees seeking efficient administration solutions for non-custodial assets. The number of PARS accounts rose 5 % to 8,885, underscoring continued adoption among professional advice firms seeking scalable back-office systems.

Technology and Product Enhancements

During the quarter, HUB24 delivered several key technology and product enhancements aimed at improving adviser efficiency and client experience. September marked the full rollout of Engage, the latest evolution of HUB24’s award-winning reporting solution. Previously available to a pilot group of advisers, Engage enables financial professionals to deliver transparent, interactive, and consolidated reporting for investments held both on- and off-platform, providing clients with a complete, real-time view of their wealth. Early adoption has been strong, with nearly 3,000 users accessing the tool since launch. Building on its platform success, HUB24 Private Invest, introduced in the final quarter of FY25, continued to gain traction among advisers, offering wholesale clients access to a broad suite of investment opportunities, including off-platform administration and enhanced consolidated reporting powered by Engage. Additionally, the company streamlined its Self-Managed Super Fund (SMSF) Access account onboarding process, significantly reducing manual steps and turnaround times — a key part of HUB24’s ongoing commitment to improving adviser productivity and operational efficiency.

Class and NowInfinity Division

HUB24’s technology subsidiaries Class and NowInfinity also delivered robust performance and product innovation during the quarter. At 30 September 2025, total Class accounts reached 217,386, up 4 % year-on-year, with 1,711 new accounts added during the quarter — more than double the growth achieved in the prior corresponding period. NowInfinity document orders climbed 15 % to 223,865, while the number of companies using Corporate Messenger rose 9 % to 883,095, reflecting strong demand for automated corporate-compliance tools.

The Class Ignite Conference, held in September, attracted more than 400 delegates, showcasing new features such as direct-connect document feeds from Automic and Betashares. These integrations automate the collection and tagging of tax, holding, and dividend statements — a breakthrough that reduces audit workloads for accountants and administrators. Class also launched integrated commercial-property valuations, giving accountants access to market-standard valuation and rental-assessment reports designed to meet SMSF compliance requirements.

Industry Recognition and Customer Satisfaction

HUB24 continued to receive top-tier recognition from the financial-advice industry. In the Adviser Ratings 2025 Australian Financial Advice Landscape Report, the HUB24 Platform ranked #1 for Overall Satisfaction with the highest Net Promoter Score (NPS), topping nine of ten performance categories including Best Client Experience, Best Adviser Support, and Best Platform Functionality.

These results reflect HUB24’s long-term investment in adviser engagement, user experience, and service excellence — key differentiators in an increasingly competitive platform market.

Strategic Outlook

HUB24 enters the remainder of FY26 with strong momentum and a clear strategy focused on innovation, scale, and adviser growth. The company plans to expand its data-driven advice ecosystem through HUBconnect and continue enhancing its integrated technology stack across HUB24 Platform, Class, and NowInfinity.

Rising demand for professional financial advice, supported by regulatory reform and intergenerational wealth transfer, provides a favourable structural backdrop for continued growth.