Wilson HTM will use Ausmaq’s Fundstreme service for its expanding individually managed account capability, Private Portfolio Service.
Wilson HTM joins other clients of Ausmaq’s Fundstreme capability including Avanteos and E*Trade. Paul Bryant, Wilson HTM head of advisory services, said it was looking for an efficient solution with ability to align to client and adviser needs. “;Ausmaq has demonstrated the right combination of technology and support,”; he said. Wilson HTM has $2 billion in funds under advice and approximately 1,500 clients of its Private Portfolio Services. Rob Brown, Ausmaq chief executive officer, said the company was seeking to position its processing capabilities much closer to the efficiency levels achieved in traded markets. “;This is of clear relevance to leading brokers like Wilson HTM,”; he said.
The biggest risk many super fund members face is not investment volatility but rather not accumulating enough to live on in retirement. Australian Retirement Trust head of investment strategy Andrew Fisher takes Investment Magazine behind the scenes of a migration that saw 1.4 million members moved to a higher-risk, higher-return investment strategy, designed to help them accumulate more at retirement.
Simon HoyleSeptember 12, 2024
