Praemium’s international business sale has entered its next and expected final stage, according to UK and international managing director Mark Sanderson.
Praemium's Melbourne-based parent company yesterday announced to the Australian Securities Exchange (ASX) that the sale sought for its combined operations in the UK, Jersey, Dubai and Hong Kong had made significant progress. Praemium's international business includes the Praemium platform servicing the UK and International markets, Smart Investment Management, and the CRM systems Wealthcraft and Plum. Sanderson said: "The focus throughout has been on finding a potential new owner that is the right fit for us and the right fit for our clients. I am pleased to say that we are currently...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
