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Managed Accounts on FirstWrap

Managed Accounts on FirstWrap

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is here

 

Managed Accounts on FirstWrap offer a series of professionally managed portfolios designed to deliver transparent, engaging advice solutions. If you’re looking to invest with leading portfolio managers to deliver efficient advice solutions, or looking to reduce direct share administration requirements, Managed Accounts on FirstWrap may be the answer.

Trades within the portfolios are free from any brokerage fees, and the non-unitised structure allows your clients to maintain beneficial ownership, transparency and individual tax outcomes. You can also set client preferences at account level to reflect your client’s ethical, social or tax preferences.

 

What does this mean for you? More time spent seeing clients, growing your business and developing strategies and less time on paperwork and routine administration.

 

Key features

  • Professionally managed portfolios across different investment styles to meet your clients’ objectives, ranging from Australian core, high conviction, socially responsible, concentrated small cap, high yield and diversified portfolios.
  • Advisers can set client preferences at an account level, allowing the benefit of a streamlined business model while retaining the ability to cater for different client requirements (e.g. ethical and social considerations, tax or other preferences).
  • In-specie transfer existing listed security and managed fund holdings on to the FirstWrap platform, and then transfer into a managed account portfolio. This may reduce time out of market, without the need to sell down to cash before transferring. The existing cost base is retained.
  • Nil brokerage is charged to clients when trading within the managed account portfolios.
  • Floating models mean portfolio manager weightings move in line with the market and transactions are minimised.

BENEFITS OF MANAGED ACCOUNTS ON FIRSTWRAP

For your business

  • May reduce the need for ROAs* and mean less administration and portfolio management
  • Spend more time with clients providing valuable holistic financial advice and less time on administration and document generation
  • Risk can be reduced through quicker, more consistent implementation aligning the investor to a portfolio manager's target weights
  • Investment rebalances and instructions by the portfolio manager can be quickly implemented without the need for client authority

For your clients

  • Access to professional portfolio managers
  • By holding a portfolio of underlying investments, you may have greater flexibility to manage tax outcomes for your clients
  • Greater transparency of underlying investments 
  • Cost efficiency and value

* Seek your own professional advice regarding the requirement for issuing an ROA.

Professionally managed portfolios

FirstWrap offers a range of managed account portfolios from a selection of professional portfolio managers. You can select one of more of these portfolios as part of your client's overall investment strategy.

  • PORTFOLIO MANAGER MANAGED ACCOUNT PORTFOLIO INVESTMENT CATEGORY
    Atrium Investment Management Atrium Australian Equities
    Australian Share
    Atrium Investment Management Atrium Risk Managed Moderate 5 Moderate
    Atrium Investment Management Atrium Risk Managed Balanced 7 Balanced
    Atrium Investment Management Atrium Risk Managed Growth 9 Growth
    Colonial First State Global Asset Management CFSGAM Ex-20 Australian Share Australian Share
    Colonial First State Global Asset Management CFSGAM Concentrated Share Australian Share
    Colonial First State Global Asset Management CFSGAM Top 20 Index Australian Share
    DNR Capital DNR Capital Australian Equities High Conviction Australian Share
    DNR Capital DNR Capital Australian Equities Income Australian Share
    DNR Capital DNR Capital Australian Equities Socially Responsible Australian Share
    Nikko AM Limited Nikko AM Australian Share Concentrated Australian Share
    Ralton Asset Management Ralton Smaller Companies Australian Share - Small Companies
    Ralton Asset Management Ralton High Yield Australian Shares Australian Share
    Atrium Australian Equities

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