Praemium announces new SMA Partnership
Praemium has announced it has entered into a partnership with Pitcher Partners Wealth Management Brisbane to utilise Praemium’s integrated managed account platform for the Pitcher Partners Customised Portfolio Solution.
The partnership would provide flexibility to create custodial and non-custodial managed account solutions for many of the firm’s current and future clients.
Pitcher Partners’ David Lane said they were excited to launch the Pitcher Partners Customised Portfolios separately managed account (SMA).
“The sophistication of Praemium’s managed account technology and the flexibility that their integrated Managed Account platform offers to deliver these tailored solutions made Praemium a natural choice for our SMA partnership,” Lane said.
Martin Morris, Praemium’s head of distribution, said the organisation prided themselves on offering solutions that meet the demands of wealth management firms.
“Customised portfolios are becoming increasingly important as clients demand a more tailored investment experience and the Praemium platforms allows significant levels of customisation not only in portfolio management but online investor reporting to allow our Managed Accounts partners to deliver a unique value proposition,” Morris said.
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