• HUB24 Q1 earnings: $4bn net inflows

    A woman sits at her computer with her chin resting on her hand as she contemplates her next potential investment.

    The HUB24 Ltd (ASX: HUB) share price is in focus after the company delivered a strong start to FY27, posting net inflows of $4.0 billion for the September quarter and lifting total Funds Under Administration (FUA) to $168.6 billion, up 15% on the prior corresponding period.

    What did HUB24 report?

    • Total FUA grew to $168.6 billion as of 30 September 2026, up 15% year on year
    • Platform FUA rose 18% to $143.7 billion
    • Platform net inflows were $4.0 billion, down 23% on the previous corresponding period
    • 45 new licensee agreements were signed in the quarter
    • The number of active advisers increased by 211 to 5,860, up 12% on pcp
    • HUB24 Platform ranked first for quarterly and annual net inflows for the eleventh straight quarter

    What else do investors need to know?

    HUB24 saw robust growth in its adviser base and continues to lead the market in platform net inflows and adviser satisfaction. The business signed 45 new licensee agreements and expanded the number of active advisers by 211, benefiting from strong demand for wealthtech solutions. The company also maintained its leading Net Promoter Score (NPS) in the Adviser Ratings 2026 Report, ranking first in nine out of eleven platform capability categories.

    In its Class division, account numbers grew to 229,651 (up 6%), while NowInfinity document orders rose 9%. HUB24 also enhanced its private investment offerings and digital tools, including AI-powered features and expanded integrations, to support adviser productivity and client outcomes.

    What’s next for HUB24?

    HUB24 expects ongoing growth opportunities driven by demographic shifts, strong demand for financial advice, and transformation within the advice industry. The company will continue rolling out enhancements to its platform, such as myhub’s AI-driven features for advisers, and progress the acquisition of HTFS Nominees, pending regulatory approval. Management highlights ongoing product and service innovation as a strategic priority.

    Looking ahead, HUB24 intends to broaden client access to private markets and further invest in technology to streamline adviser workflows and improve experiences. The company believes these initiatives position it well for the evolving wealth management landscape.

    HUB24 share price snapshot

    Over the past 12 months, Hub24 shares have declined 40%, trailing the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period.

    View Original Announcement

    The post HUB24 Q1 earnings: $4bn net inflows appeared first on The Motley Fool Australia.

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    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Hub24. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Guess which ASX 200 share was just hit with a broker downgrade

    Two colleagues looking at a graph and comparing share prices.

    Sigma Healthcare Ltd (ASX: SIG) shares have been on a strong run recently.

    Since the middle of September, the Chemist Warehouse owner’s shares have outperformed the S&P/ASX 200 index (ASX: XJO) with a gain of around 13%.

    However, one leading broker is calling time on the rally on the belief that its shares are about fair value now.

    What’s happening?

    According to a note out of Bell Potter, its analysts are expecting a good update from the company at this month’s annual general meeting. This is thanks largely to strong demand for GLP-1s. It said:

    SIG will conduct is AGM in Melbourne on 21 October when it is expected to provide a 3 month trading update. LFL network sales growth is the key performance measure. The group reported 14.7% growth for this metric in 1Q FY26 aided by store refurbishments and GLP-1 tailwinds. 

    In FY27 the bar is raised higher by virtue of the larger revenue base, nevertheless, the global GLP-1 phenomena continues with demand for private prescriptions likely to continue to increase. The downstream benefits will also flow, i.e. GLP-1 customer basket size is on average 40% larger than other customers, being mostly sales of protein and other dietary supplements. We expect 1Q27 network LFL network sales growth in the range of 12-13%.

    Looking ahead, Bell Potter believes the launch of new GLP-1s will be supportive of growth for the ASX 200 share. It adds:

    The next chapter of the GLP-1 growth is about to commence with the upcoming registration in Australia of the oral formulation of Lilly’s blockbuster GLP-1 medication – Mounjaro. The oral formulation (branded Foundayo) is expected to gain TGA approval in late CY26. The drug gained FDA approval in the US in April 202[6] with the US DTC launch in June 2026. June qtr 2026 global revenues reached US$98m. 

    Elsewhere sales of Mounjaro (being the original injectable formulation) continue to grow rapidly. Lilly’s 2Q global sales increased 90% vs pcp to $US9.9bn. The read through to the Australian market is similarly positive where we believe private prescriptions for GLP-1 medications represent at least 44% of total prescriptions sold. All of this is a tailwind for SIG which is a major beneficiary of foot traffic into pharmacies for the purpose of prescription medicines.

    ASX 200 share downgraded

    In response to recent share price strength, Bell Potter has downgraded Sigma Healthcare’s shares to a hold rating (from buy) with an unchanged price target of $3.00.

    Based on its current share price of $2.83, this implies modest potential upside of 6% for investors over the next 12 months.

    Commenting on the downgrade, Bell Potter said:

    The recent flight to safety away from tech is probably responsible for the rally in the SIG market price over recent weeks, nevertheless the stock remains expensive relative to growth outlook. In the absence of a significant upgrade, our recommendation is adjusted to Hold from Buy. PT is unchanged at $3.00.

    The post Guess which ASX 200 share was just hit with a broker downgrade appeared first on The Motley Fool Australia.

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    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • How much do I need to retire on $90,000 a year at 57?

    Person handing out $50 notes, symbolising ex-dividend date.

    Australians can use the power of the ASX share market to help them retire wealthy at age 57, or even earlier. It’s possible to create a lot of passive income from investments.

    Superannuation is a great tool to save towards retirement. But what if someone wants to retire earlier than that? I think it’d be a good idea to invest outside of superannuation too.

    Taxation can be an important factor, but every household has a different income and different tax situation, so I won’t talk about that side of things. I’m just going to look at how Australian investors can unlock gross passive income of $90,000 a year and retire by 57.

    Regularly save and invest

    Having cash to invest doesn’t just appear out of nowhere. Australians need to set some money aside, assuming their budget has the room to do so after paying for the essentials.

    Essentially, we need to spend less than we earn and invest the difference. Of course, it’s a good idea to make sure we enjoy life during that period of wealth accumulation – life is not just about the money.

    Every household has different finances, so it’s up to each Australian adult to figure out what they can save.

    Investing those savings makes a big difference to how much the wealth grows to. For example, putting $1,000 per month under the mattress will turn into $120,000 after ten years.

    If someone else invested $1,000 per month in the share market and it returned an average of 10% per year, it’d be worth $191,249 after a decade. After two decades of doing that, the balance would become $687,300. After three decades, it becomes an incredible $1.97 million.

    Therefore, someone who’s 27 could start today and potentially have $1.97 million by 57 and retire.

    Figure out what sort of investments to make

    There are a number of ways for Australians and invest to build their wealth.

    One of the simplest ways to build wealth is to invest in exchange-traded funds (ETFs) that give investors exposure to quality businesses from around the world, which I believe have a higher chance of delivering solid compounding earnings growth.

    Some of my top choices for that investment exposure include Vanguard MSCI Index International Shares ETF (ASX: VGS), VanEck MSCI International Quality ETF (ASX: QUAL), Betashares Global Quality Leaders ETF (ASX: QLTY) and Global X S&P World EX Australia Garp ETF (ASX: GARP).

    There are certain Australian companies that I also think could be excellent contenders to grow wealth over the long-term including Washington H. Soul Pattinson and Co. Ltd (ASX: SOL), Wesfarmers Ltd (ASX: WES) and L1 Global Long Short Fund Ltd (ASX: GLS).

    The yield influences the portfolio size needed

    The portfolio balance required to generate $90,000 per year depends on the dividend yield of the portfolio.

    For example, if someone had a $2 million portfolio, it’d require a dividend yield of 4.5% to make $90,000 of annual passive income.

    If the dividend yield was 3%, the portfolio would need to be $3 million in size.

    With a dividend yield of 6%, the Aussie investor would need $1.5 million.

    By choosing the right investments and regularly saving, an average Aussie can build a good amount of wealth and retire.

    The post How much do I need to retire on $90,000 a year at 57? appeared first on The Motley Fool Australia.

    Wondering where to invest $1,000 right now?

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    Motley Fool contributor Tristan Harrison has positions in L1 Global Long Short Fund Ltd, VanEck Msci International Quality ETF, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Washington H. Soul Pattinson and Company Limited and Wesfarmers. The Motley Fool Australia has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended Vanguard Msci Index International Shares ETF and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.