10 years; $10 billion

Consilium has reached a major new milestone, surpassing $10 billion in funds under administration (FUA). This achievement, it says, comes just months after the company announced it had reached $9 billion in FUA, reflecting the company's exceptional growth and increasing momentum.

Founded in 2014, Consilium has experienced sustained, double-digit annual growth by staying true to its purpose: to provide advisers with the technology, investment solutions, and support infrastructure they need to grow confidently, while giving New Zealanders better access to quality advice and retirement planning solutions.

“Reaching $10 billion is a proud moment for our team, our adviser partners, and our clients,” newly-minted chief executive Louisa Yandle says. “But more importantly, it’s a reflection of the incredible partnerships we have with advisers across the country.”

“We’ve built Consilium to help financial advisers scale efficiently, remain future-focused, and deliver better outcomes for their clients. This growth shows that model is working — and that demand for trusted, advice-led investment solutions continues to accelerate.”

Earlier this year Consilium was acquired by the FirstCape Group. It plans to continue expanding the capabilities of its wrap platform and services.

A key area of growth includes supporting FirstCape’s broader technology consolidation strategy. “We’re proud to play a role in the continued success of FirstCape and FNZ’s strategic partnership,” Yandle says. “As we look ahead, we’re excited about the next phase of our growth — expanding the capabilities of Consilium and welcoming new firms who share our values and focus on client outcomes.”