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Showing 11 - 20 of 161 results for "MDA"

HUB24 engulfs ClearView's remaining superannuation business

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... 29% to $154 million, driven by FUA growth and an uplift in trading volumes. Some $2 billion of FUA relates to Xplore Wealth MDA, which will shutter by March 31. Looking ahead, HUB24 expects its platform FUA target to reach between $123 billion to $135 ...

Lifespan Financial Planning names head of research

MATTHEW WAI  |  WEDNESDAY, 12 FEB 2025
... him an invaluable addition to Lifespan." "Ian's expertise will be instrumental as we continue to enhance and expand our MDA and Managed Portfolio Service offerings to advisers and their clients." According to Rainmaker information, Lifespan had 290 ...

HUB24 shutters Xplore Wealth MDA services

ANDREW MCKEAN  |  TUESDAY, 21 JAN 2025
HUB24 plans to shut down its Xplore Wealth Managed Discretionary Account (MDA) services next year, with discussions underway with financial advisers to explore alternative options. The Xplore Wealth MDA has around $2 billion in funds under administration ...

Fidelity makes key sales appointments

ELIZABETH FRY  |  WEDNESDAY, 6 NOV 2024
... market. At Lonsec, he was chief investment officer and oversaw $8 billion in multi-asset and equities self-managed accounts and MDA portfolios. Before that, he led the research house's investment consulting division. Previously, de Pourbaix was a ...

Medium-sized advice firms flourish: Research

KARREN VERGARA  |  THURSDAY, 24 OCT 2024
... Financial also has the highest number of advisers who provide risk advice at 182. The largest managed discretionary account (MDA) services advice businesses based on adviser headcount are Shaw & Partners (190), Findex (102), Shadforth Financial Group ...

Acclaim Wealth enters managed account space

ANDREW MCKEAN  |  TUESDAY, 15 OCT 2024
... Wealth has partnered with Managed Portfolios to enter the managed accounts space through a managed discretionary account (MDA) service. Acclaim Wealth chief executive Terry Constable, who succeeded Alan Hegerty in October 2023, told Financial Standard ...

Managed account FUM passes $200bn

MATTHEW WAI  |  WEDNESDAY, 9 OCT 2024
... separately managed accounts (SMA) continue to command the bulk of FUM at $129 billion, while managed discretionary accounts (MDA) and other services hold $52.4 billion and $24.2 billion respectively. "MDAs are 25.4% of the market funds under management ...

JANA wins investment consulting mandate

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
... anticipate robust expansion for their SMAs in the years ahead. "As the industry continues to consolidate client offerings through MDA and SMA structures, the demand for high-quality advice and research becomes increasingly vital. This partnership reflects ...

Managed account FUM closes in on $200bn milestone

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... help drive FUM growth. MDAs are continuing to grow too helped by the tailoring, efficient implementation, and operation of MDA programs." "The widespread adoption of managed accounts by licensees, their advisers, and by their clients is creating efficiencies ...

MDA authorisations remain steady amid exodus

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
The number of financial advisers authorised to advise on managed discretionary accounts (MDAs) has dropped just 6.1% in the past three years, despite the total number of advisers falling much more. According to analysis by Rainmaker Information, there ...