A managed account provides investors with access to portfolios created and monitored by a professional investment manager via model portfolios. The investment manager is responsible for the investment decisions relating to the portfolio including the underlying investments held within the portfolio, as well as the portfolio weights and portfolio rebalancing.
The issuer of a managed account is typically a platform provider, who implements the model portfolios on behalf of investors based on the investment manager’s advice. Managed portfolios on platforms are overseen by an appointed responsible entity (RE) or superannuation trustee.
Managed accounts are professionally managed portfolios which can include investments in multiple asset classes and investment types including direct equities, managed funds and ETFs. They are overseen by investment professionals, with all the benefits of research, implementation and reporting. They are a way for financial adviser's clients to access these types of investments in a diversified, consolidated and transparent portfolio.
From a practice management perspective, managed accounts offer a scalable investment solution that help financial advisers to streamline traditional portfolio construction and monitoring, freeing their time to focus on client relationships and strategic advice as well as building the practice, while outsourcing the day to day portfolio management to experienced investment consultants.
Context Capital can assist Financial adviser firms build their own Bespoke Private Label Managed accounts