Praemium announces new SMA Partnership
Praemium has announced it has entered into a partnership with Pitcher Partners Wealth Management Brisbane to utilise Praemium’s integrated managed account platform for the Pitcher Partners Customised Portfolio Solution.
The partnership would provide flexibility to create custodial and non-custodial managed account solutions for many of the firm’s current and future clients.
Pitcher Partners’ David Lane said they were excited to launch the Pitcher Partners Customised Portfolios separately managed account (SMA).
“The sophistication of Praemium’s managed account technology and the flexibility that their integrated Managed Account platform offers to deliver these tailored solutions made Praemium a natural choice for our SMA partnership,” Lane said.
Martin Morris, Praemium’s head of distribution, said the organisation prided themselves on offering solutions that meet the demands of wealth management firms.
“Customised portfolios are becoming increasingly important as clients demand a more tailored investment experience and the Praemium platforms allows significant levels of customisation not only in portfolio management but online investor reporting to allow our Managed Accounts partners to deliver a unique value proposition,” Morris said.
AUTHOR
Chris Dastoor
Recommended for you
Momentum Media has announced 26 winners across 10 individual and 15 group categories for its brand-new Australian AI Awards.
The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long recruitment processes.
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.
The financial services technology company has appointed two non-executive directors following its AGM earlier this year, where it flagged it would embark on a board renewal process.
