Praemium Ltd (ASX:PPS) 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.
Praemium sees strong revenue growth as it focuses on high net worth segment
