JBWere clients to benefit from new BlackRock risk and analytics offering

08 December 2025
Company Announcements

• First Australian bank or wealth management company to offer BlackRock’s Aladdin Wealth platform

• Delivers sophisticated risk and portfolio analytics to better serve private clients

• Strong year-on-year growth across NAB Private Wealth, with increases across funds under management, household lending and deposits 

JBWere clients will gain new customised insights about the risk and return characteristics of their investment portfolios aligned to their goals through a new offering with global asset manager BlackRock.  

Used by leading global wealth managers, BlackRock’s Aladdin Wealth platform allows advisors to model the potential impact of macroeconomic events and market scenarios like pandemics or the recent gold price spikes on client portfolios. The trusted and nuanced analysis can be used to guide informed decision-making. 
 
The advanced risk management and portfolio construction capabilities are set to complement the tailored advice that has been JBWere’s signature strength for 185 years.  
 
The announcement follows strong year-on-year growth across NAB Private Wealth. JBWere saw a 14.9% increase in funds under management to $48.7 billion, while in Private Banking household lending increased 10.9% to $24.5 billion, and deposits increased 6.9% to $45 billion.  

“Our advisors will use the Aladdin Wealth platform to provide clients with more robust and sophisticated portfolio analysis, scenario modelling, and value-at-risk calculations, which are critical for understanding the potential impact of market events on client’s investment portfolios across public and private holdings.” 

Chantal Giles, Head of Wealth Australasia & APAC Strategic Clients at BlackRock, said “This collaboration builds on our strong relationship with NAB as we work together to deliver more innovative solutions for Australian investors. 

“Technology is increasingly reshaping wealth management and through this offering JBWere will now have access to institutional-quality data and insights to better support their clients’ long-term financial goals.”

James Verner, Head of Aladdin Wealth Tech APAC, said “Through the Aladdin Wealth platform, JBWere’s advisers will gain access to advanced tools for analysing, monitoring, and customising their clients’ portfolios. This will provide deeper portfolio insights, richer risk analysis, and greater transparency and reporting for clients. 

"Wealth management continues to evolve to be more personalised and advisory driven, and we are delighted to be supporting JBWere, our first Australian wealth management client on this journey.”

Notes

• NAB Private Wealth has been awarded Global Fianance’s best private bank in Australia for five consecutive years (2022-2026).

• NAB’s integrated wealth management services offering is unique and includes private bankers, wealth advisors, investment specialists, and the nabtrade platform. 

• JBWere is a wholly owned, non-guaranteed subsidiary of NAB Private Wealth. 

• References to 14.9% growth in funds under management, 10.9% growth in household lending and 6.9% growth in deposits relate to the year to 30 September 2025 compared with the previous year. Data sourced from slide 52 of NAB full year results investor presentation (PDF, 3MB).