WealthPortal is proud to launch an expanded suite of Separately Managed Account (SMA) options from Proactive Portfolios.
Proactive has launched through WealthPortal’s five new MFM (Managed Fund Models) SMA model portfolios which are blended from a select group of Managed Funds and offer a range of risk profiles for advised clients. These models are also available through RetireSelect the Retail Superannuation offering.
The new Proactive MFM SMAs are an addition to existing Proactive Portfolios SMAs which invest into listed securities. The new Proactive MFM SMAs will help advisers implement client investment strategies by avoiding delays in times of financial market volatility.
The SMAs can also improve overall practice efficiency through reducing the number of advice documents needed for client investment strategy and the amount of manual processing needed for trades, thereby increasing consistency and reducing practice risk.
The new managed account solutions are available through the WealthPortal website and RetireSelect.
Jaime Johns, National Manager Practice Development at Madison Financial Group, says an extensive choice of model portfolios is now available across the company’s listed and managed fund assets and investments, reducing administration for the adviser and compliance risk for the dealership. A win/win for clients, advisers and the licensee.
OneVue Head of Product Brett Marsh says: “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.”