how to unleash the power of separately managed accounts
TRANSCRIPT
Separately
Managed
Accounts
Separately
Managed
Accounts
Separately
Managed
Accounts
Amongst many other benefits and features,
Amongst many other benefits and features,
greatly increase transparency and tax eff iciency for the investor.
SMAs
L o o k i n g b a c k , t h e r e w e r e a n u m b e r o f
r e a s o n s s m a s d i d n’t ta k e o f f i n i t i a l ly .
L o o k i n g b a c k , t h e r e w e r e a n u m b e r o f
r e a s o n s s m a s d i d n’t ta k e o f f i n i t i a l ly .
L o o k i n g b a c k , t h e r e w e r e a n u m b e r o f
r e a s o n s s m a s d i d n’t ta k e o f f i n i t i a l ly .
L o o k i n g b a c k , t h e r e w e r e a n u m b e r o f
r e a s o n s s m a s d i d n’t ta k e o f f i n i t i a l ly .
financial p la n n ers
financial p la n n ers
dealer groups
They see SMAs as a way to get closer to their clients by providing a more targeted and efficient investment service with greater transparency.
They see SMAs as a way to get closer to their clients by providing a more targeted and efficient investment service with greater transparency.
At a business level, an opportunity exists to
shift the power from asset managers to themselves.
References:1. Australia Financials: Managed Accounts – Evolution or Revolution?
References:1. Australia Financials: Managed Accounts – Evolution or Revolution?
“ “
It ’s fair to say that dealer groups and licensees also see that SMAs can create a more robust advice and compliance framework for their authorised representatives to provide f inancial product and investment advice.
creat ion of an investmentcommit tee
In our , i t s ta r ts w i th the
creat ion of an investmentcommit tee
In our , i t s ta r ts w i th the
made up of credible and exper ienced members ( f rom wi th in and outs ide of the organisat ion)
to oversee and monitor the
design and management of
investment portfolios.
s t r e a m l i n e d .
Once a client’s portfolio is invested into Separate ly Managed Accounts
Once a client’s portfolio is invested into Separate ly Managed Accounts
managing the port fo l io becomes ‘ real t ime ’ as cl ient por t fo l ios can be “d iscret ionar i ly” managed without the need to issue a Statement o f Advice (or Record of Advice) fo r changes to the por t fo l io ,
Once a client’s portfolio is invested into Separate ly Managed Accounts
managing the port fo l io becomes ‘ real t ime ’ as cl ient por t fo l ios can be “d iscret ionar i ly” managed without the need to issue a Statement o f Advice (or Record of Advice) fo r changes to the por t fo l io ,
when these are within agreed parameters and benchmarks st ipu la ted and expla ined to the c l ient in the in i t ia l p iece of advice.
At t he o the r end o f t he spec t rum, wh i l e i t ’ s t r ue t ha t c l i en t s w i t h ve ry l ow i n ves tmen t ba lances w i l l l i ke l y be se rved by robo -adv i ce o f f e r i ngs ove r t he l onge r t e rm ,
As their investment
balances increase,
they too may see
the merits of SMAs.
The report notes how the more mature SMSF segment is turning into a ‘tailwind’ for the growth in SMAs.
SMSF investors also demand the
fol lowing benefi ts of SMAs:
SMSF investors also demand the
fol lowing benefi ts of SMAs:
SMSF investors also demand the
fol lowing benefi ts of SMAs:
SMSF investors also demand the
fol lowing benefi ts of SMAs:
We’ve assisted a number of firms to
introduce managed accounts and
SMAs to their cl ient offerings.
We’ve assisted a number of firms to
introduce managed accounts and
SMAs to their cl ient offerings.
We’ve assisted a number of firms to
introduce managed accounts and
SMAs to their cl ient offerings.
