SEARCH

Non-aligned firms upgrade new IMA model

A few months after launching a new individually-managed account (IMA) model, non-aligned financial services firms MyPlanner, Implemented Portfolios and Netwealth have upgraded its advice solution to offer passive and active investment options.

With help from investment manager Joseph Palmer & Sons, the IMA super and investment service – My Managed Portfolio Individually Managed Account Service – will allow financial planners and accountants to "better engage" with their clients.

"The enhancements to the already-successful My Managed Portfolio service allow planners to truly collaborate with clients to build the investment journey that best suits both their preferences and their outcomes," said MyPlanner Australia managing director, Philippa Sheehan.

"Not only has this service allowed our planners to engage on a completely different level with their clients, at the press of a button, this service allows every client to be treated individually for implementation, remodelling, tax, asset class and stock levels.

Advertisement
Advertisement

"This gives planners more time to focus on where they truly add value, which is helping clients set specific and measurable objectives and strategies to help them achieve their outcomes," Ms Sheehan said.

Implemented Portfolios co-founder Santi Burridge added that the new IMA service is "changing the industry".

"The traditional approach of platform, product and unscaleable implementation has been replaced with true scale at the core where every client is treated individually," he said.

The IMA was launched in August after MyPlanner noticed there was a lack of existing solutions in the Australian market to support an objectives-based advice model. 

Non-aligned firms upgrade new IMA model
default
ifa logo

Join the debate to improve the issues that surround affordability and accessibility within the advice industry at ifa’s brand-new event, ifa Future Forum.

Join your peers to uncover game-changing industry solutions to pave the way for solving the problem of accessibility and affordability. Utilise your extensive knowledge to formulate ideas and help futureproof advice. Register your free place now! ifafutureforum.com.au

Subscribe to the ifa bulletin

Receive daily online news,analysis, reports and business strategies
By signing up you agree to our Terms of Use and Privacy Policy

Website Notifications

Get notifications in real time and stay up to date with content that matters to you.