Managed Accounts

What Are Managed Accounts?

Managed accounts are tax-efficient portfolios of assets directly owned by an investor that are managed by a professional investment manager.

Types of Managed Accounts

SMA

Separately Managed Account

MDA

Managed Discretionary Account

IMA

Individually Managed Account

Managed Accounts vs Managed Funds
Managed Accounts

Investor owns shares

 

No unitholders

 

Assets held directly by investor

 

Dividends, franking credits and realised gains/ losses flow directly to investor

 

Portability 

(able to transfer shares in and out)

 

Direct equity can be transferred in

 

Share price

Managed Funds

Investor owns units

 

Multiple unitholders

 

Assets pooled by a group of investors

 

Dividends, franking credits and realised gains/ losses flow directly to managed fund

 

No portability 

(unable to transfer shares in and out)

 

Direct equity cannot be transferred in

 

Unit price

Why Managed Accounts?

Benefits for financial advisers

More time with clients

Spend less time researching companies and stock picking and more time servicing your current clients and developing new client relationships.

Improved profitability

Reduce operational costs through decreased administration, potentially improving revenue; managed accounts may offer a new revenue stream.

Broader offering

A scalable direct equities solution, managed accounts can broaden your offering and help meet the direct equities demands of your clients.

Optimised portfolio

Execute trades and optimise client portfolios in a more timely way

Practice efficiencies

Reduce back office, settlements and reporting requirements by outsorcing stock selection, administration and reporting

Compliance

Increase the efficiency of your compliance process by eliminating SOA turnover on portfolio changes

Benefits for investors

Direct share ownership

You retain beneficial ownership of the shares held in a managed account and directly benefit from franking credits.

Portfolio transparency

Complete transparency of portfolio holdings and cost bases with all trading activity reported to you via a personalised online portal.

Cost efficiencies

Managed accounts may cost less than comparable managed funds, while brokerage costs are reduced through consolidated trades.

Tax efficiencies

There is no inherited capital gains tax (unlike units bought in a managed fund); your individual cost base is established the day shares are bought giving you greater flexibility to plan an optimal tax outcome.

Portability

You can easily transfer your direct share holdings to a managed account without selling down or triggering capital gains tax.

Professional management

Spend less time researching companies and stock picking and more time servicing your current clients and developing new client relationships.

Contact Us

   Level 2

       302 Lygon Street

       Carlton VIC 3053

   Postal Address

       GPO Box 1887

       Melbourne  VIC  3001

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Blackmore Capital Pty Ltd (ABN 72 622 402 895) (Blackmore Capital) is a Corporate Authorised Representative (CAR) of Artesian Venture Partners Pty Ltd (AFSL 284492)