First Samuel selects Sylvan
Investment and financial services software provider SS&C Technologies has announced that First Samuel has selected its Sylvan product to calculate pre- and post-tax returns across its individual investment portfolios.
It said SS&C's Sydney office would implement and support First Samuel's performance and attribution platform to process before- and after-tax performance returns for any number of portfolios over any time period.
It said that as part of the implementation, Sylvan would be fully integrated with the client's portfolio accounting system.
Recommended for you
Advisers at DOD Bookkeeping, which received an $11 million penalty last week, received as much as 40 per cent of their remuneration via a bonus when clients purchased a property via a SMSF, according to court documents.
Private wealth manager Escala Partners has launched an end-to-end investment platform to strengthen its alternatives capability as clients seek sophisticated vehicles.
Perpetual Wealth Management has hired two advisers from Ord Minnett as part of five hires, just weeks after the rival firm announced it had picked up six from Perpetual Private.
ASIC has cancelled the AFSL of a Perth financial services firm following payments to its clients by the Compensation Scheme of Last Resort after a failed managed investment scheme.
