Webull Australia doubles down on its adviser platform as Australian financial advisers face capacity squeeze
Webull Australia doubles down on its adviser platform as Australian financial advisers face capacity squeeze |
| [01-November-2026] |
SYDNEY, Nov. 2, 2026 /PRNewswire/ -- Webull Securities (Australia) Pty Ltd ("Webull Australia"), a subsidiary of Webull Corporation (NASDAQ: BULL), the owner of the Webull trading platform, has rolled out new features for Webull Connect, its portfolio management and execution platform for Australian financial advisers, as it continues to advance its offering for the advice sector.
Australia's financial advisers serve one of the world's largest pools of retirement savings, and demand for advice is set to grow. Investment platforms used by advisers and their clients held $1.22 trillion in funds under advice as of March 2026. Yet the profession serving that demand is shrinking. Licensed adviser numbers have fallen 42 per cent since the start of 2019, from around 26,500 to 15,413 at the end of June 2026. With fewer advisers looking after more clients and more assets, time has become the profession's scarcest resource, and administration is taking up much of it. Webull Connect's latest update is built to address that capacity squeeze. New features include:
"When we launched Webull Connect in February, we said international market access was the real differentiator. Since then, advisers have told us the other thing holding them back is time," said Rob Talevski, CEO of Webull Australia."Australia's advice sector looks after more than a trillion dollars, with roughly half the advisers it had a few years ago. We're doubling down on Webull Connect because we see a real opportunity to help advisers do more with less, from onboarding a new client to building a global portfolio." Looking ahead, Webull Australia plans to broaden the platform further with access to Japanese markets, regulated crypto and digital asset access, and US bond and fixed income access, giving advisers more of the building blocks their clients need on a single platform. About Webull Australia Webull Securities (Australia) Pty. Ltd. is a leading financial services provider, holding an Australian Financial Services Licence (AFSL 536980) and regulated by the Australian Securities and Investments Commission ('ASIC'). As a trading participant of both the Australian Securities Exchange ('ASX') and TMX Exchange Australia ('TMX'), and a principal member of the Stockbrokers and Investment Advisers Association, Webull strives to ensure the highest standards of service and security. Learn more at https://www.webull.com.au/institution. About Webull Webull Corporation (NASDAQ: BULL) owns and operates Webull, a leading digital investment platform built on next-generation global infrastructure and AI technologies. Through its global network of licensed brokerages, Webull offers investment services in 18 markets across North America, Asia Pacific, Europe, Africa, and Latin America. Webull serves more than 29 million registered users globally, providing retail and institutional investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures, fractional shares, and digital assets through Webull's trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at www.webullcorp.com.
SOURCE Webull Securities (Australia) Pty Ltd | ||
Company Codes: NASDAQ:BULL |
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