Elston Asset Management launches new SMA on HUB24
Elston Asset Management has announced a strategic partnership with Sydney-based boutique wealth management firm Bridge Private Wealth to launch a private label managed account offering via HUB24.
Mark Smith, head of adviser services at Elston Asset Management, said they were proud to work with Bridge Private Wealth to deliver the customised separately managed account (SMA) solution tailored for clients.
"The team at Bridge Private Wealth recognised the benefits of managed accounts in delivering not only some great outcomes for their clients but also greater scale and efficiencies for their business, and we're glad we've been able to be part of their journey,” Smith said.
Joel Xuereb, director of Bridge Private Wealth said: “The team at Elston were responsive to our needs and investment philosophy and worked with us to develop an investment solution tailored for our clients”.
Elston Asset Management offer a range of publicly available SMA models across HUB24, Macquarie, Netwealth and BT Panorama.
AUTHOR
Chris Dastoor
Recommended for you
Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitability by Q1 2025.
Amid a growing appetite for alternatives, investment executives have shared questions advisers should consider when selecting a private markets product compared to their listed counterparts.
Chief executive Maria Lykouras is set to exit JBWere as the bank confirms it is “evolving” its operations for high-net-worth clients.
Bennelong Funds Management chief executive John Burke has told Money Management that the firm is seeking to invest in boutiques in two specific asset classes as it identifies gaps in its product range.
