- 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: Balanced 16%, International 34% and Conservative 12%
Privately-owned Crystal Wealth now has over $130 million FUA and expects to have several more authorised representatives in place by early 2014, bringing the group to a total of five advisers.
Media enquiries
Tim Wedd
Executive Director
Crystal Wealth Partners
0408 608 349
tim@crystalwealth.com.au
John McIlroy
Director
Crystal Wealth Partners
0411 592 118
john@crystalwealth.com.au