Xplore Wealth offers a range of Managed Discretionary Account (MDA) solutions to help advisers manage their clients' wealth including traditional MDA, Third Party Administration and Wholesale Discretionary structures.
The MDA is a facility where a client can make contributions, and the client’s portfolio assets are managed on an individual basis by an MDA provider, at the MDA provider’s discretion (subject to any limitation agreed with the client). Xplore Wealth, as the MDA provider, can appoint third party Investment Managers to research, manage and execute Investment Options on behalf of the client.
As the MDA provider, Xplore Wealth gives the Investment Manager the authority to manage a client’s investments in accordance with pre-determined investment objectives and agreed Investment guidelines (referred to as Investment Options) without obtaining instructions for each transaction.
MDA Quick Facts
The account is managed by professionals:
Benefits: