Praemium Spectrum surpasses $1b in funds under administration ahead of target
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Spectrum
01/09/2025
Praemium is pleased to announce that its flagship wealth solution, Praemium Spectrum, has surpassed $1 billion in organic inflows, with total funds under administration (FUA) now reaching $3.2 billion1 including the successful transition of assets from the OneVue acquisition.
Launched in October 2024, Spectrum was designed to meet the evolving needs of financial advisers serving high-net-worth (HNW) clients. Its rapid growth reflects strong adviser demand for a platform that delivers sophisticated investment access, operational efficiency, and total wealth visibility - all within a seamless digital experience.
“We’re incredibly proud of our teams who have helped to make Spectrum such a success,” said Anthony Wamsteker, CEO of Praemium. We set ourselves an internal target of $1bn in organic inflows by 12 months and to have achieved this within 10 months, not only validates our strategic direction but also confirms that Spectrum is the right product for this market. The demand we’re seeing reflects the strength of our offering and the opportunity to strengthen our market share in the HNW segment. We’re encouraged by our strong pipeline and the interest and momentum behind this product.”
Meeting the Demand for Sophisticated Investment Solutions
This achievement comes amid a surge in adviser and investor interest in sophisticated investment strategies, particularly alternative assets. Praemium has seen a 15% year-on-year growth in FUA for alternatives, with total alternative FUA now exceeding $7.4 billion, representing approximately 11% of total FUA2.
This growth is being driven by HNW investors seeking diversification, inflation protection, and returns less correlated with public markets. Spectrum’s architecture is designed to support this shift, offering advisers access to a broad universe of alternative assets.
Spectrum enables advisers to deliver a premium experience to HNW clients through:
· Comprehensive investment access: Including listed securities, managed accounts, alternatives, private assets, and structured products.
· Advanced execution services: Via Praemium’s in-house intermediary desk, supporting FX, fixed income, derivatives, and corporate actions.
· Total wealth visibility: Consolidated reporting across custody and non-custody assets, with ESG filters and multi-entity structures.
· Digital-first onboarding and compliance: Streamlined processes for AML, CRS-FATCA, fee consent, and client classification.
Commenting further CEO Anthony Wamsteker said “Praemium’s achievement with Spectrum is more than a milestone, it’s a signal of sustained momentum and market alignment. With strong adviser engagement, increasing flows into sophisticated investment solutions, and a robust pipeline of opportunities, Praemium is well-positioned to lead the next phase of innovation and growth in the HNW advice segment.”
1Source Praemium as at 12 September 2025 2 Source Praemium 30 June 2025 includes platform, Scope and Scope+