Hub24 Overvalued as Market Overlooks Trade-Off Between Revenue Growth and Margin Expansion

At core, Hub24 is a provider of investment administration software as a service. This includes portfolio administration, investment management tools, and managed account services. The firm has a diversified offering, with administrative capabilities spanning custodial and noncustodial assets, self-managed super funds, trusts, and corporate compliance. Endeavors to add value include providing data analytics or features to facilitate dynamic advice strategies. It is also well integrated with external financial services and software providers. These efforts help Hub24 capture more touchpoints within the advice landscape, and support its endeavors to streamline the implementation of financial advice to clients under a single—Hub24’s—platform.