Praemium review
Portfolio administration, tax tools and client reporting for advice businesses.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
Praemium brings investment administration, portfolio reporting and digital client experiences together for financial advisers, private wealth firms and high-net-worth investors. Its focus on custody and non-custody assets, managed accounts and complex portfolios makes it relevant to advice businesses that need consolidated administration and tax tools rather than a narrow investment tracker. The platform is cloud-deployed and available on web. Its listed company-size fit spans small, mid-market and enterprise organisations.
Portfolio workflows cover cash flow and transaction management, automated rebalancing, and reporting on performance, allocation and tax. Advisers can configure and brand reports, while the Digital Investor Portal gives clients access to portfolio information and documents. CGT modelling and tax optimisation are notable for firms managing tax-sensitive portfolios; ESG filters and portfolio customisations add scope for tailoring. Data feeds connect with custodians, fund managers and adviser technology, and named integrations include Xero, Class, BGL and IRESS. This breadth may suit firms consolidating varied holdings, but practices seeking only basic portfolio visibility may find the range more than they need.
Praemium uses a contact-sales pricing model, so prospective buyers need to speak with the vendor rather than compare published subscription tiers. Phone and email are listed support channels. The product is a stronger fit for advisers who value custody and non-custody administration, tax reporting and a client-facing portal in the same system. Firms prioritising transparent upfront pricing, or those that require a platform beyond web access, should weigh that fit carefully before choosing it.
Praemium pros and cons
- Where it wins
- Administers custody and non-custody assets in one platform
- Combines rebalancing with CGT modelling and tax optimisation
- Offers branded reports and a portal for client documents
- Where it doesn't
- Pricing requires contacting sales
- Available platform is web only
- Capabilities may exceed the needs of simpler portfolio practices
Praemium fact sheet, pricing and score →
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