• Strategy progress: Investor Portal Mobile App, Adviser Portal enhancements, and API integration improvements
• FUA and net flows: Platform FUA up 2.2%, Spectrum FUA up 364%, SMA FUA up 5%, Powerwrap FUA up 1%, OneVue FUA down 50%
• Non-custodial: Scope+ FUA up 4%, 5 new advice groups added

Praemium Ltd's Q4 FY2025 update presentation covers the company's strategic progress, FUA and net flows, and non-custodial services. On the strategic front, the company is upgrading its Investor Portal Mobile App, enhancing functionality in the Adviser Portal, and improving API integrations to enhance the client experience. Operationally, the company has made significant improvements with its current administration provider and is expanding its in-house administration capability with new technology. In superannuation, the OneVue asset/FUA transition is well underway, and the company has secured major client partnerships with Euroz-Spectrum, Bell Potter-Scope+, and Morgans-SMA. Initiatives to improve service standards, an AI-driven Quality Assurance pilot, a new adviser onboarding process, and ongoing productivity programs have also been implemented. The company's FUA and net flows show positive trends, with platform FUA up 2.2% to $30.7 billion, Spectrum FUA up 364% to $2.4 billion, SMA FUA up 5% to $12.9 billion, and Powerwrap FUA up 1% to $13.4 billion. However, OneVue FUA declined 50% to $2.0 billion. Net inflows, excluding OneVue, were $152 million, with strong inflows in Spectrum ($339 million) and SMA ($64 million), while Powerwrap had net outflows of $251 million. In the non-custodial segment, Scope+ FUA increased by 4% to $33.6 billion, with the number of Scope portfolios increasing by 213 and Scope+ portfolios increasing by 115, with 5 new advice groups added during the quarter.