Guide to Managed Accounts 2020

Money Management's Guide to Managed Accounts 2020 has been released - leading industry experts provide insight into managed accounts and explain how managed account structures have proved durable and effective in so far as meeting the challenges of the COVID-19 pandemic.

14 August 2020

Managed accounts structures demonstrate maturity in face of COVID-19

The level of faith directed by financial advisers towards managed accounts structures appears to have been justified by the durability they have exhibited in the face of the COVID-19 pandemic.

There seems little doubt that, by and large, managed accounts structures have proved durable and effective in so far meeting the challenges of the COVID-19 pandemic.

The managed accounts sector finished 2019 in good shape and so it was axiomatic that it should be well placed to deal with some the extraordinary challenges which confronted the whole of the Australian financial services industry in March and April, 2020.

Indeed it is probably indicative of the robust shape of the managed accounts sector that in the midst of all the COVID-19 uncertainty, managed accounts services were continuing to be launched with the most recent being that of Endorphin Wealth which is indicative of the manner in which firms have been accessing the
product set.

Endorphin’s managed discretionary account (MDA) service is the product of a collaboration between investment consultant Oreana Portfolio Advisory Services, licensee Lifespan Financial Planning and platform provider BT Financial Group.

As Money Management's recent managed accounts webinar showed, collaboration and clarity represent key elements of managed accounts delivery with the sector having grown and matured significantly over the past decade to represent a significant portion of total funds invested by financial planners.

Visit the Money Management website to read the Guide to Managed Accounts 2020.

Read the full guide

Guide to Managed Accounts 2020