POWERWRAP LIMITED (ASX:PWL)

Diversified Financials

Powerwrap Ltd (ASX: PWL) is an independent specialist platform provider (SPP) that operates in the wealth management industry. The company’s wealth management platform is used by advisers and brokers to administer, manage and report on their client portfolios. Powerwrap competes with the likes of Netwealth (ASX: NWL), HUB24 (ASX: HUB), Praemium (ASX: PPS) and OneVue (ASX: OVH) in the independent SPP space.

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