The Institute of Managed Account Professionals (IMAP) has announced that it will be establishing a sub-group to address the interests of MDA Providers as part of its broader representation of Managed Accounts. “A community of interest that needs to be represented” IMAP’s Funds Under Management (FUM) study in June 2016 showed that the MDA services […]
Managed Discretionary Account
MDAs need $200,000 minimum, cautions adviser
SYDNEY November 2013 – The minimum portfolio size to make a Managed Discretionary Account effective is around $200,000, a leading financial adviser says. ‘Arguably you can go as low as the client wants, but typically we would find $200,000 to $250,000 as a minimum portfolio size to make an MDA effective,’ says Crystal Wealth Partners […]
Crystal Wealth Partners is a privately-owned boutique financial advisory and investment management firm specialising in delivery of services to high net worth individuals and family offices.