Netwealth partners with Ironbark for managed account service

netwealth/managed-accounts/ironbark/

6 May 2020
| By Laura Dew |
image
image image
expand image

Netwealth has partnered with Ironbark to launch a new managed account solution to advice groups.

The service would provide private label managed account managers with the option to build portfolios which have Ironbark as their responsible entity.

This option was a more flexible option for managed account model managers and advice groups.

Matt Heine, joint managing director of Netwealth, said: “By offering an external responsible entity to advice firms via Ironbark, Netwealth adds additional capacity to support different value propositions and the evolving needs of the industry”.

He added the use of managed accounts was a way for advice firms to deliver better outcomes for all clients rather than just a few.

Ironbark head of corporate trustee and client, Alan Kenny, said: “Ironbark are pleased to have partnered with Netwealth, combining our broad range of Corporate Trustee service with Netwealth’s market-leading managed account solution enables us to meet and exceed the diverse needs of our advice group partners.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 4 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 3 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3