What are Separately Managed Accounts?
Click here to find out what Separately Managed Accounts are.
The SMARTfund Range
System Demos
To view an online demonstration of our systems, please click on the links below
Products & Services
Options for the Financial Adviser
1. Setting up an Adviser branded SMARTfund
Creating a branded SMARTfund provides Financial Advisers with the opportunity to:
- Reduce cost of the delivery to the client (the investor)
- Increase control over client’s funds
- Outsource investment management
- Efficiently adjust model portfolios
- Obtain additional asset-based revenue stream
- Increase the value of their business
Reduction in cost is achieved by removing the additional layer of administration (duplication of registry) that is implicit when buying investment product through a platform, while still providing investors with the value-add reporting and portfolio analysis services of a platform.
Increased control for the Adviser is achieved by providing the ability to brand and price their own fund. Asset allocation and investment management expertise is sourced from professional Investment Managers at costs negotiated by the Adviser. Due to the inherent efficiencies of the SMARTfund structure, the investment management costs will usually be lower than could otherwise be negotiated and will not prohibit clients by having high management charges.
As the Adviser has commercial control over pricing for their branded fund, they have the option to derive an additional revenue stream whilst also being able to deliver a more cost-efficient solution to their clients. In addition, having client funds as assets under management rather than advice significantly increases the value of the Adviser’s business.
Who is the Investment Manager?
When establishing their own SMARTfund, the adviser is able to select Investment Advisers appropriate for each investment objective.
Præmium can work with Investment Managers of the Adviser’s choice to make their models available for use in their own fund. The Adviser will also be able to access many of the Investment Managers who provide models for Præmium’s own SMARTfund.
The Financial Adviser retains the flexibility to replace Investment Managers at a later date without having a detrimental taxation impact for the investors.
2. Distribute Præmium’s SMARTfund
If you are not yet ready to set up your own SMARTfund then you may consider applying to distribute SMARTfund Advantage. Præmium will continue to add different Investment Manger’s models to the SMARTfund Advantage and also create a variety of Multi-manager and risk-based managed portfolio solutions for Adviser’s use. As well as the models provided by Investment Managers that we will have relationships with, you can also link in your own Investment Manager.