BGL Financial Solutions to white label OneVue's SMA
BGL Financial Solutions (BGLFS) has agreed to white label OneVue’s separately managed account (SMA) for use by clients of accounting firm BGL Corporate Solutions.
The product, which is designed for the self-managed super funds market, will be known as SMSF Invest.
BGLFS said it was looking to partner with a firm that had the technical business expertise to support and train its accountants and technology that was keeping pace in a changing market.
“During the two years of due diligence, the playing field changed dramatically. Some players are not even around any more,” BGL Financial Services Director Mark Schroeder said.
“SMSF Invest combines the beneficial ownership, professional management and transparency benefits of an SMA with the tailored options, consolidated view and consolidated reporting on a diverse range of investments available in a personal investment portfolio,” OneVue head of transition strategy Brett Marsh said.
AUTHOR
Corrina Jack
Recommended for you
As the government announces a public inquiry into the collapse of Dixon Advisory, risk adviser Richard Silberman has detailed the three areas that typically lead to an AFSL's collapse.
With a growing number of advisers now running their own business, they need to pivot their career identity to being a business owner rather than just as a financial adviser if they want to futureproof their business.
Zenith Investment Partners has launched a range of new managed account portfolios over the past quarter, including on Insignia Financial’s Expand platform.
The financial services technology firm has officially launched its digital advice and education solution for superannuation funds and other industry players.
