Full-Time
Product Designer
Design System
Netwealth
501-1,000 employees
Provides wealth management platform for advisers
No salary listed
Melbourne VIC, Australia
Hybrid
Four days in the office per fortnight are required.
 UI/UX & Design (1) |
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- Have 2–5 years of experience designing digital products.
- Have experience working with design systems and component libraries.
- Think systematically beyond individual screens.
- Care about detail, consistency, and craft.
- Collaborate with designers and engineers.
- Design reusable components and patterns in partnership with the design team.
- Collaborate with engineers to keep design and code aligned.
- Improve the quality, consistency, and accessibility of the platform.
- Support feature teams with design-system adoption and implementation.
- Contribute to guidelines, tooling, and processes that enable teams to move faster.
- Help evolve design systems for an increasingly AI-enabled world.
Netwealth provides an Australian wealth management platform for financial advisers and their clients. It serves as a technology provider, superannuation fund trustee, and administrator, centered on an investment wrap platform that combines a wide range of assets in one interface. Advisers and clients can manage and transact in Australian and international securities, funds, and term deposits, with tools for portfolio management, performance reporting, tax management, corporate actions, and “whole of wealth” reporting that includes non-custodial assets. The company differentiates itself with adviser-led onboarding (about 95% of clients), an integrated platform that covers traditional and non-traditional assets, and a growth trajectory highlighted by milestones like over $100 billion in funds under administration. Its goal is to provide a reliable, scalable technology-enabled platform that helps advisers efficiently manage clients’ wealth and grow assets under administration.
Company Size
501-1,000
Company Stage
IPO
Headquarters
Melbourne, Australia
Founded
1999
Get referred to Netwealth
See people who can refer or advise you
Simplify's Take
What believers are saying
- FY26 net flows hit $15.4 billion, with June quarter flows of $3.2 billion.
- Netwealth guided FY27 net flows to $18 billion-$20 billion on July 16, 2026.
- Mel Jose joined July 29, 2026 to strengthen trustee governance and oversight.
What critics are saying
- Federal Court on August 20, 2026 declared Netwealth contravened Corporations Act in First Guardian.
- ASIC said Netwealth failed due diligence, affecting $128.5 million across 1,303 members.
- Another trustee scandal ends Netwealth's platform franchise and triggers adviser defections.
What makes Netwealth unique
- Netwealth's July 2026 Morgan Stanley partnership expands into stockbroking and private wealth.
- Its platform now adds sponsored iHIN administration, trading, reporting, and tax integration.
- FY26 FUA reached $135.7 billion, proving adviser-led scale across Australia.
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Benefits
Parental Leave
Wellness Program
Disability Insurance
Flexible Work Hours
Hybrid Work Options
Professional Development Budget
Training Programs
Growth & Insights and Company News
6 month growth
↑ 18%1 year growth
↑ 18%2 year growth
↑ 17%Federal Court confirms Netwealth's First Guardian failures. The latest issue of Financial Standard now available as an e-newspaper Regulatory | / | / | / | / | Federal Court confirms Netwealth's First Guardian failures BY MATTHEW WAI | FRIDAY, 21 AUG 2026 12:04PM The Federal Court has declared Netwealth Superannuation Services and Netwealth Investments contravened the Corporations Act in relation to the First Guardian Master Fund. ASIC commenced proceedings against Netwealth after accepting a court enforceable undertaking requiring it to compensate affected members 100% of the amounts they invested in First Guardian, less any amounts withdrawn. More than $100 million was paid to over 1000 affected investors in January, after Netwealth confirmed it would compensate victims in December 2025. ASIC did not seek a pecuniary penalty in the matter, owing to the circumstances of the case, including the timely payment of compensation to affected members, the regulator said. Based on documents supplied by the parties, Justice McEvoy declared that Netwealth "failed to obtain and assess sufficient information about First Guardian," The judge also noted Netwealth failed to make sufficient independent enquiries to understand the risk of the managed investment scheme and did not inform members of the potential illiquidity of it. ASIC chair Sarah Court said the case represents the important role platform trustees play and shouldn't be overlooked. It also follows APRA commencing to uplift platform trustees' investment governance under a new consultation as part of minster for financial services Daniel Mulino's reform package unveiled this week. "Superannuation trustees are a critical safeguard for Australians' retirement savings and must undertake rigorous due diligence before making investment options available to members," Court said. "In this case, Netwealth admitted it failed to obtain sufficient information about First Guardian and failed to undertake sufficient enquiries to properly understand the risks associated with First Guardian. "[The] outcome sends a clear message that superannuation trustees must put members first and take proactive steps to identify and respond to investment risks before members suffer harm." ASIC has 14 cases underway against 31 defendants and is investigating alleged misconduct relating to the Shield and First Guardian Master Funds. The First Guardian Diversified Class and Growth Class were made available to adviser-led members through Netwealth's Super Accelerator Plus product from March 2021, ASIC noted and were closed to new investments in December 2022. Between March 2021 and December 2022, approximately $128.5 million was invested across the two First Guardian classes by 1303 members of the Netwealth Superannuation Master Fund. Read more: ASIC, First Guardian Master Fund, Federal Court, Netwealth Superannuation Services, Netwealth Investments, APRA, Australians, Daniel Mulino, First Guardian Diversified Class, Justice McEvoy, Netwealth Superannuation Master Fund, Sarah Court, Super Accelerator Plus VIEW COMMENTS Related News | | | First Guardian victims claim victory against InterPrac | | | | APRA targets platform trustees, welcomes stronger powers | | | | Mulino unveils sweeping reforms to cold calling, MISs | | | | ASIC ramps up enforcement action | | | | Former Berndale director jailed for $700k in misused funds | | | | Sequoia caves into InterPrac sale undertaking, ASIC withdraws proceedings | | | | NSW director disqualified over $7m SMSF scam | | | | ASIC sues First Guardian-linked auditors | | | | ASIC draws parallels between ASX and super trustee failures | | | | Mulino brings New Class of Advisers to life, guarantees fairer CSLR funding Editor's choice. From the advice sector to super funds, reactions to the sweeping reforms announced by the minister for financial services have been broad. TAL has named a new chief customer and health officer, choosing to promote from within. The $105 billion super fund has named a new head of risk and new head of finance, who will also serve as deputy chief financial officer. MA Financial Group posted a positive half year to 30 June 2026, with assets under management (AUM) increasing by 44% to $15.5 billion, attributed to significant activity levels in core real estate. Videos. Further Reading
Netwealth tightens trustee oversight with new hire. The latest issue of Financial Standard now available as an e-newspaper Executive Appointments | / | / | / | / | Netwealth tightens trustee oversight with new hire BY MATTHEW WAI | WEDNESDAY, 29 JUL 2026 11:11AM Netwealth has created a new role to strengthen its trustee oversight, governance, and member-focused leadership capability. Mel Jose has joined Netwealth as general manager, office of the trustee, leading the existing office of the trustee team and supporting the trustee board to strengthen governance practices, the platform said. Jose joined from TAL, where she was most recently the head of partnerships, working closely with Aware Super. Before that, she was the general manager of product, super retirement, insurance solutions at Rest, and senior manager, investment governance at NGS Super. Earlier in her career, she held roles at AMP, Colonial First State, Perpetual Investment Management, BT Financial Group, and Westpac. Netwealth said Jose's appointment reinforces its ongoing investment in experienced leadership and robust governance as the company continues to deliver long-term value to clients and advisers. "Throughout her career, Mel has built a reputation for delivering strategic outcomes across product, investment governance, regulatory change, risk management, and business transformation," Netwealth said. "She has established and led high performing teams, and worked closely with boards, executive leadership teams, and regulators to deliver strong and focused member outcomes." Commenting on her appointment, Jose said: "I am delighted to join Netwealth at an exciting stage of its journey. Netwealth has built an outstanding reputation for innovation, client service, products, and strong governance." "I look forward to working with the trustee board, executive team and my colleagues across the business to continue delivering exceptional outcomes for members, while supporting Netwealth's continued growth and strategic ambitions." Read more: Netwealth, Mel Jose, Aware Super, BT Financial Group, Colonial First State, NGS Super, TAL, Westpac VIEW COMMENTS Related News | | | New alternative investment firm lands in Sydney | | | | Netwealth expands Morgan Stanley mandate | | | | TCorp chief investment officer retires | | | | Emerging markets, private assets lift NGS Super FY26 performance | | | | CFS strengthens managed accounts menu | | | | Special Feature: Beyond Safekeeping | | | | State Street IM Australian investments lead to retire | | | | Aware Super acquires $226m real estate investment | | | | Fight between SMC and FSC on super rages on | | | | HUB24 FUA soars over $164bn Editor's choice. Apex Group managing director for superannuation will leave his post in September, joining its technology partner in a C-suite capacity. Amid a ratings downgrade and possible governance issues concerning the Centuria Bass Credit Fund (CBCF), Morningstar predicts the property debt fund will be pulled from major investment platforms and unlikely receive new inflows. ETF Shares has reduced the management fee on its ETFS US Technology ETF (ASX:WWWW) positioning the fund as one of the lowest-cost options for Australian investors seeking exposure to leading US technology companies through the ASX. AustralianSuper has appointed Andrew Smith and Luke Smith as co-heads of Australian equities, effective immediately. Videos. Further Reading
These IML veterans have teamed up again - here's what they're buying. Jul 20, 2026 - 11.47am In a sharemarket that is now dominated by quant funds, pod shops and passive money chasing short-term momentum, veteran stock pickers Anton Tagliaferro and Simon Conn are going back to basics. The pair, who spent nearly three decades working together at Investors Mutual Limited, have teamed up again to launch an Australian small caps fund this month and already have about 20 positions in the book that they hope to build to 40. Among their most bullish bets are a radiology company, a financial planner, and an "overlooked" wealth platform. They are strong advocates for fundamental investing - the buying and selling of stocks based on a company's underlying financials - versus the more new-aged quantitative investing that relies on algorithms. And in taking this "back to basics" approach, the pair have settled on an appropriately simple name: Fundamental Investment Management. The duo declined to comment on assets raised but said they have seed funding. They say the growing dominance of momentum trading has opened the door for fundamental managers to exploit share price movements that have become detached from a company's valuation. But that's not to say they identify as "old school", with Tagliaferro quick to point out they are big users of artificial intelligence to build financial models and track news flow. "There has been a huge disconnect between reality and share prices," Tagliaferro, a revered value investor who has come out of retirement to launch the new fund, told The Australian Financial Review. "Quant funds and index funds have become very popular, and they feed on each other. But there's very much a focus on short-term earnings - upgrades, downgrades, inclusions in the index, which is not about fundamentals." Tagliaferro, who set up IML in 1998 and ran the company until his retirement in 2023, is not alone in critiquing the shifting sands of trading. Other fundamental investors, like Schroders head of Australian equities Martin Conlon, says they are no longer the "price setters" in the market. Offshore quant funds that are driven by AI, like Two Sigma and Susquehanna, and hedge fund pods like Millennium - which trade on daily market events - have been blamed for wreaking havoc on the ASX during reporting season, with small beats or misses triggering outsized moves. Meanwhile, the rise of passive money, involving both superannuation funds and exchange-traded funds, which are especially popular with young people, have been blamed on driving up large cap valuations regardless of any real company news. Tagliaferro has plenty of examples of share prices running ahead of their valuation before crashing back to earth. The most notable is Elon Musk's SpaceX, the shares of which on Friday dropped below its initial public offering price of $135 and has short sellers circling that could trigger further declines. "SpaceX was until very recently capped at $US2.2 trillion, which is crazy for a company not making any money. But hey, don't let valuation get in the way of an exciting story," he said. As for the ASX, he pointed to US-based IperionX, which is developing titanium extraction technology and is backed by Regal Partners and Pengana Capital. IperionX was valued at more than $3 billion in September after it received funding from the Trump administration, but the shares tanked after an activist investor alleged there were inaccuracies in its accounts and questioned whether it could commercialise its technology. Similarly, Tagliaferro said ASX-listed retail stocks like Harvey Norman, Nick Scali and JB Hi-Fi were bid up late last year on expectations that the Reserve Bank of Australia would ease interest rates and therefore boost their earnings. That led to some of the stocks trading at multiples of 25 times forward earnings, which was highly unusual for retail, and was a warning sign for Tagliaferro. In the end, there was no rate cut and the RBA raised rates instead, sending all three stocks tumbling more than 30 per cent since late last year. Tagliaferro also has his doubts over the highly anticipated debut of home-grown AI player Firmus, which has a pre-market valuation of $US8.5 billion ($12.2 billion). "At this stage it looks fairly risky... we've been to their presentations, but the valuations look pretty ambitious for a company that has never built a data centre before." Instead, the pair like financial planning network Count Financial, whose shares have fallen about 7 per cent so far this year. Conn, who retired from IML in June last year, said the federal government changes to capital gains tax would boost demand for advice. One of their other major positions is Integral Diagnostics, one of Australia's largest radiology companies. Its share price closed at $1.08 on Friday, having come off more than 20 per cent in the last year, and nearly 60 per cent over the last five years after trading for more than $5 in 2021. "Integral has a very good network of radiology clinics, and their services will become more important as we face an ageing population," Conn said. Finally, he also likes the wealth platform Praemium, which Conn says is trading at a much lower multiple than rivals including Netwealth and HUB. Its shares have dropped 10 per cent so far this year. "They have a real niche in the high-net worth sector," he said. "They also have a relatively manual back-end, so they can take out costs there."
Netwealth expands Morgan Stanley mandate. Amid expanding its stockbroking and private wealth capabilities, Netwealth has been picked by Morgan Stanley to provide a platform solution to its Australian wealth business. Brandon Capital, a life sciences venture capital firm has exited from its investment in Myricx Bio, following its agreement to be acquired by Novartis for US$1.5 billion ($2.2bn). Mosaic Private, the private credit fund manager backed by Flight Centre Travel Group co-founder Geoff Harris' family office, has named its chief investment officer, joining from Centuria Bass Credit. Videos. Further Reading
Fast-growing wealth management company Netwealth Group (ASX: NWL) is sharpening its focus on the financial habits of younger Australians through the $2.46 milli