Netwealth announces managed accounts deals

Netwealth announces managed accounts deals

Platform provider Netwealth has partnered with Beulah Capital to launch two private-label managed account services.

The Netwealth deal will allow Choice Capital and Ashfords Wealth Advisors to offer a suite of separately managed accounts (SMAs) to their clients, managed by Beulah Capital.

The new private managed accounts will be made available to clients representing more than $300 million in funds under advice.

Netwealth joint managing director Matt Heine said the accounts would deliver greater business efficiency and better client outcomes for Choice Capital and Ashfords Wealth Advisors.

"Both groups will also benefit from the investment expertise of Beulah Capital [which] continue[s] to work closely with boutique IFA groups wanting to develop and implement a unique investment proposition for their clients," Mr Heine said.

The deal brings the number of Netwealth private-label relationships to eight.

Read more:

Banks can’t ignore robo-advice, says Clover

FIIG hires Queensland state manager

Cbus appoints new research analyst

Asia-Pacific real estate ‘at a crossroads’

Blockchain more than hype: Nikko AM

Related Articles


Netwealth announces managed accounts deals
investordaily image
ID logo
promoted stories


Matt Brown

Australian Unity hires former ANZ Wealth exec


Deanne Stewart

First State Super announces new CEO


Chris Wu

T Rowe Price appoints investment analyst



investordaily image

Corporate governance and advocacy in China

Therese Niklasson

Dug Higgins

The shifting LIC landscape

Dug Higgins

investordaily image

The perils of chasing niche infrastructure

Frithjof van Zyp