Consilium reaches a milestone

Consilium has cracked through the $9 billion in funds under management (FUM) mark, cementing its position as one of New Zealand’s fastest-growing investment platforms.

Friday, February 21st 2025, 8:14AM

Managing director Scott Alman says this milestone highlights the increasing demand for innovative and future-ready financial solutions.

"Reaching $9 billion in FUM is a testament to the trust advisers place in Consilium," he says. "We are committed to equipping advisers with the technology, support and investment solutions they need to navigate an evolving financial landscape and deliver exceptional client outcomes."

Consilium Wrap’s ecosystem is designed to support sustained growth, offering ESG portfolio analysis, a flexible rebalancing engine, and comprehensive reporting on holdings, performance, and tax. The recent launch of virtual banking enables same-day account funding, providing a faster, more seamless client experience.

He says firms that have transitioned to Consilium Wrap are experiencing significant growth, reinforcing the platform’s ability to help firms scale effectively.

One of Consilium Wrap’s success stories is Wealthpoint, a co-operative representing around 50 adviser firms across New Zealand. Wealthpoint selected Consilium Wrap after a competitive RFP process, seeking a custodial platform that offered sophisticated model portfolio management, cost efficiency, and operational flexibility.

“With the support of the Consilium team we have grown to over $600 million in FUM on Consilium Wrap” Wealthpoint chief executive Simon Manning says,

More recently Become Wealth has become a Consilium Partner Firm.

Become Wealth transitioned to Consilium Wrap in June 2024 and recently reached a milestone of $1 billion in total FUM.

Consilium’s Partner Firm service is designed for independent advisory firms that have achieved a high level of growth and professionalism.

Partner Firms gain access to Consilium’s comprehensive support framework designed to enhance adviser capabilities and help them better serve their clients. Key advantages include access to a structured advice process, discovery sheets, advice templates, and communication tools that support firm growth and development.

Tags: Consilium