It’s rare to have a discussion with a major advice group, fund manager or platform provider these days without the words ‘managed accounts’ being uttered.
Billed as the middle way between a portfolio of direct shares, which can be difficult for an adviser juggling many clients to manage, and managed funds, which are falling out of favour with some clients due to their lack of transparency, managed accounts offer the benefits of direct ownership of securities with an overlay of professional management and administration. READ MORE
