It's a business solution for advisers that's specifically designed to:
Dynamic Asset portfolios are directly matched to specific client goals. Goals Based Investing with Dynamic Asset Allocation changes the dynamics of client relationships. Because investments are tracked according to their goal trajectory and portfolios are actively managed to mitigate risk, conversations with your clients are clearer, more readily understood and positive.
Advisers that are recognised as being more client-focused typically have more highly satisfied clients and receive the recognition and kudos they deserve. Improvement in client satisfaction is linked directly to increased retention and referral, which has the effect of turning your new business development activities into higher levels of growth and profitability.
We use Managed Account services under a Managed Discretionary Account (MDA) licence to provide you and your clients with all the benefits of individually managed accounts; transparency, complete freedom of investment choice, tax management and efficient execution in a timely, efficient and scalable way.
The combined impacts of managed accounts, professional portfolio management and state-of-the-art systems technology save enormous amounts of time. The time saved can be reinvested into increased client capacity that boosts profitability.
The cost of compliance and administration continues to impact the delivery costs of adviser services.
The Dynamic Asset solution answers this challenge through more efficient portfolio management, simpler client management and packaged reporting that cuts costs.
Major compliance changes from ASIC come into effect in October 2021. The changes go well beyond the requirements of the existing 'Client Best Interest' obligations and the FASEA Code of Ethics.
The new Design and Distribution Obligations (DDO) are specifically designed to ensure the transparency and correct fit of investment products for individual clients. It is clear that a reliance on Investor Risk Profile as a means of directing advice and appropriate investment products will no longer be sufficient.
A more genuinely client-centric approach is necessary.