Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 54 results for "MDAs"

Iceberg MDAs driving managed account FUM

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2017
... at $47.97 billion - up $8.79 billion since 31 December 2016. This was largely driven by the amount of money directed into MDAs increasing by $6.64 billion (39.71%) to now total $16.72 billion. For comparison, the funds in separately managed accounts ...

MDA provider builds custom solution

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2017
... managedaccounts.com.au head of distribution and marketing Tony Nejasmic described as a reflection of growing demand for tailored MDAs in independent financial advice businesses. In a statement, Nejasmic said: "We are pleased to partner with The Wealth ...

IMAP ensuring greater representation for MDAs

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2017
Ahead of new regulatory requirements the Institute of Managed Account Professionals will establish a sub-committee to represent the interests of managed discretionary account providers. Commencing in March, the MDA Providers Forum will be an invitation-only ...

IMAP expands advisory board

JAMIE WILLIAMSON  |  SUNDAY, 11 DEC 2016
... Financial Standard that IMAP plans to create specialist sub-committees focusing on a variety of sectors including Limited MDAs and dealer research.

MDAs overhauled by new regulations

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2016
The operation of limited MDAs is to be terminated under new, long-awaited regulatory reforms released by ASIC yesterday. The regulator has made amendments to Regulatory Guide 179, the most significant being the removal of the regulated platform no-action ...

A-REIT added to Asgard platform

DARREN SNYDER  |  TUESDAY, 27 SEP 2016
... fund has been growing its presence in the retail market. In addition the firm has an SMA with Mason Stevens and are running MDAs for a financial advisory group and a number of family offices. Folkestone's funds management platform, with more than $1 ...

Managed accounts market likely bigger than thought

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2016
... and there are over 190 MDA operators like us around Australia, many of which are advice firms running their own in-house MDAs. That makes them fully off-the-radar, but I daresay that because of this, managed accounts are probably bigger than the entire ...

Report outlines impact of MDA operation reforms

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2016
... arrangement. MGP chief executive David Heather says the removal of the No Action Letter will force advisers operating Limited MDAs to gain specific MDA authorization on their licence in order to continue doing so or, alternatively, they would need to ...

Former Calastone MD launches fintech solution

KERRIE SYDEE  |  THURSDAY, 28 JUL 2016
... for financial advisers. MA Operator aims to provide advisers with a complete service for managed discretionary accounts (MDAs), a complete solution for managed accounts and direct portfolios delivered under the Statement of Advice model and software ...

Cumulus practices dumping wraps for MDAs

ALEX BURKE  |  WEDNESDAY, 9 DEC 2015
Four Cumulus Financial Group-aligned practices have started offering managed discretionary account services, finding them more efficient than wrap platforms. The practices - Shine Financial Services, Array Financial Services, Mayneline Financial Services ...