Managed accounts represent the most recent addition to the range of managed investment portfolio solutions available in Australia. Managed accounts do not pool client assets for investment purposes; however, they are generally still able to provide access to economies of scale due to their collective bargaining ability. A managed account is a type of account […]
Crystal Wealth Partners
Superannuation changes: some thoughts from Crystal Wealth’s Tim Wedd
a. Changes effectively re-introduce a ‘RBL’ for super – $1.6M per person. Lowering the annual caps means take longer to get there so need to plan early to fully utilise. b. Opportunity for those to maximise current contribution limits this financial year – both concessional and non-concessional contributions. Any unused ‘bring forward’ of the current […]
Don’t panic! Change to superannuation is here to stay
What is clear from this week’s Federal Budget (and Labor’s response) is that no Government plans to leave superannuation untouched. The real work now is to look at what this means for current and future retirement plans.
Crystal Wealth Planners seeing clients search internationally for growth opportunities
Crystal Wealth Planners manages over $250 million under advice Staff has grown to 14 (including six advisers) across three capital cities Pioneer MDA firm is seeing clients search internationally for growth opportunities, incorporating a proper weighting in offshore assets for portfolio diversification Privately-owned Crystal Wealth Partners, now with over $250 million FUA after four years […]
The A to Z of managed accounts
Crystal Wealth provides a dictionary of terminology to help investors understand the different types of investment services being offered today. Managed accounts are quite different to managed funds. With a managed fund, units in the fund are bought at a given price and investments go up or down depending on the value of the unit […]
SMAs are more tax-efficient than managed funds: Crystal Wealth
Managed accounts in the form of IMAs, SMAs or MDAs are re-emerging as a more transparent, controllable, flexible and tax-efficient way of investing than managed funds, says John McIlroy executive director of Crystal Wealth Partners. With full legal ownership of a ‘professionally managed’ portfolio of stocks resting with the investor under a managed account structure […]
The A to Z of managed accounts
The managed account universe is becoming an alphabet soup of offerings. Crystal Wealth provides a dictionary of terminology to help investors understand the different types of investment services being offered today. Managed accounts are quite different to managed funds. With a managed fund, units in the fund are bought at a given price and investments […]
Crystal Wealth reports $140 million FUA after 18 months of operation
Crystal Wealth growth is based on new acceptance of managed accounts Managed accounts resonate with advisers – clients want direct shares Their $1m clients want high conviction portfolios + ability to fine tune Crystal expects that smaller SMSFs will also demand high conviction in 2014/5 Crystal’s managed accounts beat market returns at 31 December 2013: […]