Managed discretionary
account solutions.

Operational
expertise.

A managed discretionary account (MDA) is an investment portfolio management service where a portfolio of investments is maintained by an investment manager and discretion is provided so that investment manager can make decisions about that portfolio in accordance with investment objectives and an agreed investment program. This discretion eliminates the need to constantly obtain client agreement or instructions to sell, buy, apply for, or redeem investments in financial products.

The account is managed by professionals

• Investment Managers develop and manage a clients portfolio,
• a Custodian holds the investments and cash on your behalf, and
• Xplore Wealth operates the clients Managed Account as administrator undertaking transactions, handles all reporting provides online resources
• Clients beneficially own the investments in their Managed Account allowing for full flow through of all dividends and franking credits
• The Investment Manager develops a Portfolio which reflects the investment objectives and approach of the selected Investment Option.
• a high degree of customization
• greater tax efficiencies in a fee-based product. 
• Advisers obtain significant practice efficiencies by managing clients more effectively and reducing paperwork
• Institutional grade rebalancing