Macquarie has added SMAs to Macquarie Wrap.
Macquarie has announced the launch of separately managed accounts (SMAs) as an investment option on its market-leading platform, Macquarie Wrap, enabling financial advisers to view and manage their clients’ assets on one streamlined and consolidated platform.
Justin Delaney, Head of Wealth Product, for Macquarie’s Banking and Financial Services Group, said Macquarie is committed to continually investing in and enhancing Macquarie Wrap to deliver efficiencies to advisers.
“The growing interest in managed accounts in Australia has become more apparent in recent years, with investors embracing the ability of SMAs to take the complexity out of managing an investment portfolio,” Mr Delaney said.
“The decision to add SMAs to the Macquarie Wrap platform was driven largely by client demand for more tailored investment solutions and a wider selection of assets. SMAs combine professional investment management with the transparency, flexibility and tax efficiency of direct ownership.
“We believe adding a discretionary portfolio like an SMA to Macquarie Wrap will provide significant opportunities for advice practices incorporating them into their businesses, as well as improved client experiences and investment outcomes for investors.”
Through Macquarie Wrap, financial advisers and their clients will have access to an extensive range of SMAs, managed by experienced investment managers and covering a range of asset classes, strategies and styles, allowing the construction of a unique portfolio tailored to a client’s needs.
“Investors can hold term deposits, managed funds, direct shares and SMAs on Macquarie Wrap, and receive a complete view of their total investments in one place, with one consolidated report,” Mr Delaney said.
“We have been providing managed accounts for over 15 years, giving us a depth of experience within the industry. We have a fully resourced team of investment professionals and analysts to help make informed decisions about clients’ investments.
“With our strong focus and commitment to providing the highest quality financial services products to our clients, we look forward to delivering the benefits of SMAs to financial advisers and investors.”
