Roadshow takes managed accounts to planners
The Institute of Managed Account Providers (IMAP) will kick off its nationwide road-show in Brisbane early next month with a focus on financial planners and the dynamics created by the introduction of the Future of Financial Advice (FOFA) regime.
According to IMAP chairman Toby Potter, the advent of the FOFA regime has produced many challenges for financial planners, and the use of managed accounts can serve to open up at least some options.
He said it was on this basis that the roadshow would be traversing issues such as separately managed account (SMA) models and how they can work in a low business risk; high net worth environment; whole of portfolio hybrid structures; and actual operating examples on standard platforms.
Click here for event details and registrations.
Recommended for you
The big four bank is set to see $40 million per annum in cost savings as it continues to migrate customers from its Asgard wealth platform to BT Panorama by FY26.
Advice licensee WT Financial has announced a 50/50 joint venture with the Australian subsidiary of a US financial advice investor.
Wealth managers will need to reach aggressive short-term goals to grow their assets under management, according to Natixis Investment Managers, but Asia-Pacific has the lowest expectations on their future growth.
With a rising number of licensees opting for bespoke managed accounts, a panel of experts has shared what firms need to know before going down the custom route.
