Leading managed account provider managedaccounts.com.au, a subsidiary of listed company Managed Accounts Holdings Limited (ASX: MGP), has bolstered its sales and relationship management team in response to growing demand for its managed discretionary account service.
A positive development in the marketplace is that managed accounts are now being accepted as mainstream. The advisory firms who have recently launched an [managed discretionary account] solution using the technology and service of managedaccounts.com.au tend to agree.
Following an extensive investigation process, highly regarded planning firm Moran Howlett has selected managedaccounts.com.au to build and deliver its MDA Service for their clients, which will ultimately see $160M in assets transition in.