Powerwrap signs wealth boutique

Powerwrap/partnership/HNW-clients/

20 August 2020
| By Oksana Patron |
image
image
expand image

Powerwrap has announced it has entered into an agreement with new wealth management boutique Emanuel Whybourne, founded by Craig Emanuel and Tim Whybourne, which manages approximately $750 million in assets for high net worth (HNW) clients. 

Under the terms of the deal, Powerwrap would provide platform administration and access to its reporting services for the firm’s HNW and ultra HNW investors as well as it would offer access to a range of asset classes including domestic and international fixed income, model portfolios and alternative assets. 

“We selected Powerwrap as our platform provider largely due to their ability to manage the complexity of our client portfolios,” the manager said. 

Powerwrap’s chief executive, Will Davidson, commented: “We provide a very broad investment universe including alternative assets. We can execute on all asset types and provide consolidated reporting on all assets. 

“We are very pleased that Craig and Tim have chosen Powerwrap and we are working closely with them to transition their clients onto the platform.” 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 2 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks 1 day ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 2 days ago

TOP PERFORMING FUNDS