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: […]
Tim Wedd
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.