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The latest update is out from Australian Wealth Advisors Group Ltd. ( (AU:WAG) ).
Australian Wealth Advisors Group Ltd. (AWAG) has announced a new joint venture with OneLedger Group, named OneLedger Wealth, to provide comprehensive wealth management services. This venture is expected to create a new revenue stream for AWAG and contribute to its net profit before tax for the 2026 financial year, operating as a 50% owned joint venture and marking a strategic expansion in AWAG’s service offerings.
More about Australian Wealth Advisors Group Ltd.
Australian Wealth Advisors Group Ltd. (AWAG) is a financial services company engaged in funds and investment management through Armytage Private and offers services to wealth management advisors via CHPW Financial. The company aims to participate in the rationalization of the Australian financial services and wealth management sectors through corporate activism, with a leadership team comprising experienced financial services professionals who hold significant stakes in the company.
Average Trading Volume: 16,622
Technical Sentiment Signal: Strong Buy
For a thorough assessment of WAG stock, go to TipRanks’ Stock Analysis page.