After four months of negotiations, dealer group Secureinvest has appointed boutique investment firm Wealth Within as its provider of individually managed accounts (IMA) service.
Secureinvest will be Wealth Within’s first financial planning dealer to take on its IMA service. A similar deal with Quadrant Securities fell through 12 months ago, when the dealer group was acquired by AXA-owned Genesys Wealth Advisers.
The co-founder of Wealth Within, Dale Gillham, said the signing up of Secureinvest recognised industry demand for IMAs.
“The IMA service is the future for all dealer groups and this is where the industry is heading in the next five to 10 years,” he said.
Gillham also said that talks with Quadrant Securities were continuing.
