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Showing 391 - 400 of 621 results for "Discretionary"

SMAs ideal for low-touch clients

ALEX BURKE  |  THURSDAY, 27 AUG 2015
... the direct Australian equities part of their portfolio. In addition, the SMA structure - as opposed to a managed discretionary account or individually managed account, where the client/adviser is in total control of stock selection, which 48% of planners ...

Macquarie adviser forged signatures, lied to clients

LAURA MILLAN  |  FRIDAY, 7 AUG 2015
... banned for six years after the regulator found that he forged client documents. Shawn Hickman engaged in unauthorised discretionary trading on his clients' accounts between November 2009 and October 2012, even though MEL prohibited its representatives ...

Advisers looking to offer MDA services

STAFF WRITER  |  TUESDAY, 4 AUG 2015
Managed discretionary account (MDA) operator Managed Account Holdings Limited (MGP) has noted a significant increase in the MDA structure from advice firms. In a statement, it noted that ten new advice firms have signed an agreement with MGP this year ...

ASIC bans Macquarie representative

DARREN SNYDER  |  TUESDAY, 26 MAY 2015
... five years. The ban was given to Brett O'Malley of Sunshine Beach, Queensland, after he engaged in unauthorised discretionary trading on his clients' accounts and created false records. ASIC's investigation found between February 2010 and November 2012 ...

Advice firm ditches platform, adopts MDA

STAFF WRITER  |  TUESDAY, 26 MAY 2015
A Synchron financial planning practice has stopped using wrap platforms and has partnered with a managed discretionary account provider for its investment transactions. MEDIQ Financial Services will transition the majority of its clients to the managedaccounts.com.au ...

No downing the dollar-A

BENJAMIN ONG  |  THURSDAY, 14 MAY 2015
... (and this, on the back of a negative lead from America and Europe) - led by consumer staples (up 1.7%) and consumer discretionary (up 1.2%). How can these sectors not be happy little vegemites with Budget 2015/16 handing small businesses - primarily ...

SSgA appointed to rebuild Findex investment strategy

LAURA MILLAN  |  MONDAY, 11 MAY 2015
... investment officer Kieran Canavan said that Findex is looking to bring certain services in-house, including managed discretionary account administration and research services. "SSGA will help Findex Group determine the best mix of assets and investment ...

Netwealth launches multi asset MDA

LAURA MILLAN  |  TUESDAY, 14 APR 2015
Netwealth has launched a managed discretionary account (MDA) that provides investors and advisers with access to a range of multi-asset investment models. Assets held in the selected models are reviewed and rebalanced automatically and according to ...

Market Wrap AM

AAP  |  FRIDAY, 27 MAR 2015
... who knows where it all ends and people are trying to ride it as long as they can," Mr Reynolds told AAP. Consumer discretionary stocks are the top performers, with retailer Harvey Norman nine cents, or 2.1 per cent, higher at $4.37, JB Hi-Fi up 23.5 ...

Market wrap

AAP  |  TUESDAY, 24 MAR 2015
... or 6.7%, to $1.465 after the outdoor equipment retailer swung to a first half net loss of $1.75 million amid weak discretionary spending. And New Hope Coal was two cents higher at $2.50 after the Queensland resources group slumped to a $23.1 million ...