The adoption of managed accounts over the past three or four years – there is now approximately $60 billion invested in various forms of SMA and MDA – has been driven by a number of separate factors.
Perspectives - Winter 2018
An ever increasing number of financial advisers are implementing managed accounts in their practices, citing cost effectiveness, operational efficiency, transparency and improved financial outcomes for clients, as key reasons for the move.
Read more: Report confirms adviser adoption of managed accounts
The rate of spending by retirees dramatically decreases as they age, more so than widely accepted, suggesting that existing retirement spending models need to be reappraised, according to the latest analysis from actuarial research firm, Milliman.
The growth in managed account funds continues unabated, with funds under management (FUM) now standing at $57.05 billion – an 18.9 per cent increase in the six months to 31 December 2017.
New funding arrangements for ASIC came into law on 1 July 2017, with all organisations regulated by ASIC required to contribute towards the regulator’s costs incurred in the previous financial year.
Nominations for the inaugural IMAP Managed Account Awards are now closed. This year’s awards will be judged across three categories:
Nominations for the inaugural IMAP Managed Account Awards are now closed. This year’s awards will be judged across three categories:
Read more: Australian retail stocks: Are they heading for the Reject Shop?
Perspectives asks two Chief Investment Officers the following question: What is currently worrying you about your managed account offering?
Perspectives asks two Chief Investment Officers the following question: What is currently worrying you about your managed account offering?
As an early adopter of managed accounts, Patrick Nalty believes that the MDA environment has provided positive outcomes for his clients and his business, but admits it’s a journey not suited to all planning businesses. He talks to Jayson Forrest.
The building blocks of business In March, the 2018 IMAP Adviser Roadshow reached over 420 industry professionals across three capital cities – Brisbane, Melbourne and Sydney. Jayson Forrest reviews some of the highlights of this year’s roadshow, including in-depth reviews of three topical sessions.
Terry Bell provides some quantitative metrics that measure the profitability of advisory practices offering a managed accounts solution.
Jonathan Hoyle provides an insight into the managed accounts offering at Stanford Brown, including the key lessons learnt in rolling out this service.
Rob Coyte discusses how Shartru Wealth uses ETFs in its MDA offering.
Toby Potter outlines the steps required to effectively communicate and market a new managed accounts program to advisers and clients.
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