Praemium scores another wrap
Financial planners working under the Macquarie Equities umbrella are to get access to Praemium’s portfolio administration service V-Wrap.
Praemium announced on the Australian Stock Exchange today that it had signed an agreement with Macquarie under which it would provide the V-Wrap service to Macquarie Equities for use by Macquarie advisers who provide portfolio management and related services to their clients.
Commenting on the deal, Praemium’s national sales and marketing manager Warren Gibson said it had followed an extensive pilot and testing program.
He said the company had previously supplied the service to a small number of Macquarie advisers who had taken up V-Wrap because of existing client relationships.
AUTHOR
Mike Taylor
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