The FOFA (Future of Financial Advice) reforms and ongoing market volatility is causing many financial planners to look at ways to create or improve value for their clients

As the uncertainty in investment markets continued, managed accounts were becoming increasingly popular among investors and financial planners.

With the FOFA (Future of Financial Advice) reforms and ongoing market volatility causing many financial planners to look at ways to create or improve value for their clients, managed account solutions are being looked at more closely.

Managed discretionary accounts are particularly attractive for planners as they can be tailored to suit the requirements and licensing structure of a financial planner's business and deal with flexibility around custody structures and investment reporting, plus unlike many pooled investments like managed Funds and MIS, and even SMA with beneficial ownership an MDA can be setup with fully segregated HIN and bank account for each client..

With a properly setup MDA a dealer group can offer advisors the ability to offer professionally managed Investments, directly owned by the client, with the same ease as a traditional managed Fund..

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