PRESS RELEASE

NAB to Adopt Aladdin Wealth™ for JBWere Advisors

  • First Australian bank or wealth management company to offer BlackRock’s Aladdin Wealth platform
  • Delivers sophisticated risk and portfolio analytics to better serve private wealth clients
  • Collaboration part of NAB’s broader partnership with BlackRock

(Dec 9, 2025) JBWere advisors will now be able leverage BlackRock’s Aladdin Wealth platform to provide more tailored insights into the risk and return profile of client portfolios, helping align strategies with individual financial goals.

Aladdin Wealth, BlackRock’s wealth management technology, allows advisors to model the potential impact of macroeconomic events and market scenarios on client portfolios.

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.

NAB Executive, Private Wealth and JBWere CEO Michael Saadie said it was another way to support clients at the highest level with their individual, long term financial goals, particularly in changing markets.

“Clients have been asking for deeper insights into their investment portfolios around risk and performance analytics and we’re pleased we’ll deliver the capability with BlackRock’s Aladdin Wealth platform,” Mr Saadie said.

"While many things have changed since stockbroker Jonathan Binns founded JBWere in 1840, the need for trusted and timely advice and analytics hasn’t.

“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 clients’ 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 advisors 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.”