Separately Managed Accounts
A Separately Managed Account or SMA is a portfolio of investments in which the investor has direct ownership of the investments within the portfolio. The investor however, delegates authority to a professional adviser regarding the decisions involved in buying and selling securities.
Why Choose Us?
Direct Ownership
A SMA combines the beneficial features of investing directly in the stock market and investing through managed funds, because the investor owns the stocks directly, but the expertise and research resources of a professional adviser are applied to the investment process and share selection.
Reduced Costs
With a SMA, you may be able to achieve your investing objectives at a lower ongoing cost compared to other investment alternatives.
Investment Selection
Consortium Private Wealth will match you and your needs with the right assets, whether they be shares, listed property trusts or cash & fixed interest. Through our thorough research process we choose the best investments available for you.
Popular Questions
Separately managed account in our view is a portfolio of professionally managed investments held directly by the investor or their preferred entity.
Investors can have full transparency and can see exactly what assets are invested within their portfolio, our clients enjoy knowing where their money is invested and why. There are significant advantages in terms of tax planning because of the direct ownership, our advisors can manage capital gains and offset any future capital gains against future capital losses.
When using unlisted managed funds the investor has no control over the managers transactions and how these actions may affect their tax outcomes.
As stated above, the investor owns the assets directly in their own name or preferred entity. This also reduces potential company risk. For example, during the global financial crisis we saw some advisory businesses fail due to complex custodial ownership structures where investors lost direct ownership over their assets and for some these assets were sold as part of the advisory businesses debt obligations.
The benefit of direct ownership of your assets cannot be understated.
Resources
Where to invest and Why to be there
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