Episode 1: Getting Rich Slow with Pearler

With HSBC data showing more than 35 percent of Gen Y and Z invest in cryptocurrency and NFTs, younger investors are often stereotyped as hype-chasers and risk takers.

While this might be true of some, younger Australians are also the fastest growing segment of the Get Rich Slow Club; a movement dedicated to long-term wealth-creation by buying and holding assets like ETFs. At the centre of this movement is a wealth business known as Pearler.

An Openmarkets client since 2021, Pearler is an investing platform built on the simple premise: Get Rich Slow. Just four years after launching, Pearler today has grown to almost $2 billion in assets under administration and manages tens of thousands of trading accounts.

In our very first episode of Raising The Bar, Openmarkets CEO Dan Jowett speaks with Nick Nicolaides, co-founder of pearler, about what achieving financial independence means to younger Australians, the counter-cultural philosophy of Get Rich Slow, and pearler’s ambition to play a greater role in the lives of its clients.

Raising The Bar is a video and podcast series hosted by Openmarkets. Every month, Openmarkets CEO Dan Jowett interviews leaders of the nation’s most innovative fintechs on the principles and philosophies underpinning their approach, views on current market events, and plans for the future.