• Managed accounts are fast becoming the investment structure of choice for many financial advisers and their clients.
• When you consider the flexibility, transparency and convenience they offer both advisers and their clients, it’s easy to see why.

What are managed accounts and how do they work?
The easiest way to think of a managed account is that it offers a new way to invest, rather than changing what your clients invest in.

A managed account is a portfolio of investments rather than a collection of individual investments.

They are becoming increasingly popular because they streamline how you run your client investment portfolios with any changes or updates to investment holdings automatically happening on your behalf.

This is achieved by having your portfolio of funds constantly managed and rebalanced over time by an investment manager (Zenith!). Instantaneous changes can be applied to portfolios allowing all clients to benefit immediately from new portfolio changes, maximising performance potential and minimising time lags, unfavourable exposures and compliance risk.

Managed accounts also operate under a managed investment scheme structure which makes a significant difference in investment governance. It’s a similar arrangement that applies to all Australian managed funds, tightly controlled and operating under Corporations Law.