Platform giant FNZ has reached a record milestone, surpassing US$2trn in assets on platform.
The firm said the milestone reflects accelerating demand for its AI-powered, end-to-end platform, which enables partners to innovate faster, deliver deeper personalisation and reduce costs.
Over the past five years, assets have grown 406%, an annualised 38.3%, driven by new client wins, expanded mandates with existing customers and organic market growth across multiple regions.
Blythe Masters, FNZ Group CEO, said: “Surpassing US$2trn in assets on platform is a powerful demonstration of the strength of our platform, the dedication of our people and the deep, long-term partnerships we have with our clients.
“We only succeed when our clients succeed, and we remain relentlessly focused on supporting their ambitions, as we use technology to empower advisors and make saving for the future easier for everyone.”
Founded in 2003, FNZ partners with leading banks, insurers and wealth managers worldwide, serving more than 26 million customers and operating across most major markets.
FNZ works with over 650 financial institutions and 12,000 wealth management firms globally, including Aberdeen, AJ Bell, Allianz, Aviva, Barclays, Lloyds, Nucleus, Quilter, Raymond James and Vanguard.
Its institutional backers include La Caisse, CPP Investments, Generation Investment Management and Motive Partners.
