Licensee Madison Financial Group will offer a new suite of separately managed accounts (SMAs) from Proactive Portfolios via its wealth management platform, WealthPortal.
Proactive Portfolios has launched five new SMA model portfolios through WealthPortal, the firm said in a statement.
These are intended to help advisers implement client investment strategies by avoiding delays in times of financial market volatility, the statement said.
WealthPortal is partly owned by OneVue Services.
Madison's national manager for practice development, Jaime Johns, said the “extensive choice” of model portfolios reduces both administration for advisers and compliance risk for the dealer group.
OneVue head of product, Brett Marsh, said: “Managed accounts are becoming increasingly popular with advisers due to their efficiency in implementation and compliance benefits, due to clients being actively managed within their asset allocation.
“At OneVue, we are proud to continue our relationship with the Madison Financial Group by delivering these new managed account solutions through WealthPortal.”
Stimulate new ideas. Stimulate new thinking. Top up your CPD points and hear from industry experts with ifa’s Knowledge Centre. Keep up to date with the latest trends and reforms, all while adding to your CPD hours. Explore the Knowledge Centre now.
The government has introduced legislation around the adviser disciplinary body into parliament. ...
Marc Bineham, former AFA national president, has launched new book, The Money Sandwich, aimed at helping over-50s better manage their money and retire...
Mayfair founder James Mawhinney has said a new venture he’s offering to investors is within the bounds of the law despite being hit with a 20-year ...
Get notifications in real time and stay up to date with content that matters to you.
