Infocus Wealth Management has launched a separately managed account (SMA) platform with integrated reporting and tax optimisation functionality which will be part of its new managed accounts solution for advisers delivered by investment administrator Praemium.
“This offers a completely automated SMA investment option for advisers and their clients. It’s ideal for SMSF (self-managed super funds) and high net worth clients seeking transparency, cost effectiveness and flexibility in investment management and reporting,” Infocus managing director, Rod Bristow, said.
Clients will now have access to complete multi-asset class portfolios appropriate to their risk profile and a range of single asset class portfolios. The managed accounts also automatically optimise tax outcomes for each investor and offer a functionality to minimise or maximise gains.
“For advisers in the Infocus group we continue to deliver efficiency in investment management and reporting, whether clients are invested in managed funds or managed accounts,” Bristow said.
“Client portfolios are always aligned and up to date – so advisers do not need to prepare advice documents when model portfolios change.”
