HUB24 launches managed portfolios education centre
Following an uptake in the use of managed portfolios, HUB24 has launched a managed portfolios education centre for financial advisers, which also provides them with client-facing tools to support advisers in educating their clients.
Advisers would be given access to content on topics including how managed portfolios work, how they differ from other investment options, how they can allow advisers to gain efficiencies and enhance outcomes for their clients.
The education hub follows last year’s Investment Trends Managed Accounts Report, which found only 19 per cent of advisers thought the current information available on managed portfolios was sufficient, and 39 per cent showed strong demand for more information on the offering.
In particular, the respondents asked for more information on the mechanics of managed accounts, how they work, and how to utilise and implement them in client portfolios.
Managing director, Andrew Alcock, said it was critical that advisers understood the managed portfolio solutions available in the market were not equal, and that enhanced functionality such as tax optimisation tools can make a difference to client outcomes over the long-term.
“We remain committed to connecting advisers and their clients to a broad range of investment solutions to allow them to tailor an offer that meets their individual requirements,” he said. “Part of that commitment is ensuring advisers have resources available to help them recommend the most appropriate product solutions for their clients.”
AUTHOR
Anastasia Santoreneos
Recommended for you
A former licensee director, who failed to report an adviser’s fee-for-no-service conduct, has been banned for three years by ASIC.
Coastal Advice Group chief executive, Daniel Brown, has said the firm has no intention of slowing down, with plans to do as many as 15 acquisitions in the next 12 months.
The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call.
Two national advice businesses have merged to form a leading holistic advice business with $2.5 billion in funds under management.
