2225 GMT [Dow Jones]--Can Netwealth double its market share over the next 5 years? That's the question pondered by UBS. It thinks Netwealth can get close. "Netwealth currently has 9% market share of the Platforms Industry and our forecasts imply this rises to 15% by FY31," UBS says. "Net flows are run-rating 14% of funds under administration, suggesting strong organic growth prospects." UBS says Netwealth is adding advisers to its platform at a slower pace than rival Hub24. Still, it's optimistic that Netwealth can grow its market share because its advisers account for higher average funds under administration than those of Hub24. "The main risks to this view are macro: volatile markets constraining risk appetites, RBA monetary policy, tighter household budgets, and anaemic industry financial adviser growth," UBS says.