SEARCH

Advisers flock to individually managed accounts

Financial advisers are increasingly shifting to individually managed accounts (IMAs) for client portfolio management, according to Implemented Portfolios.

The company now has $1.25 billion in funds under management, growing by $250 million over a period of seven months, according to a statement.

Implemented Portfolios said it sees this rapid phase of growth as part of a wider shift in the industry away from separately managed accounts in favour of a more individualised investment experience.

“Investors are now more than ever looking for flexibility, transparency and individuality when it comes to their investment portfolio,” said Implemented Portfolios executive chairman Greg Kirk.

Advertisement
Advertisement

“Importantly, they are looking to align their investments with their core values, and individually managed accounts (particularly through the scalable service provided by IPL) give advisers the ability to provide this to their clients without the ardours of tinkering in their back office.

“We expect these figures to continue to increase as more and more advisers see the benefits gained for both their clients and businesses from partnering with companies like ours to provide individually managed portfolios.” 

Advisers flock to individually managed accounts
Greg Kirk
ifa logo

The must-attend event for financial advisers is back in 2022: the ESG Summit, coming to Sydney and Melbourne in February. Walk away with vital knowledge on a number of key ESG areas to help you make informed ESG strategy decisions and to better communicate and integrate the growing ESG space to clients. Visit the website to secure your place.

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.