The new solution is intended to offer clients access to a professionally-managed portfolio of investments. The launch comes as Shaw and Partners looks to offer a “full suite of products and services”.
The firm launched two separate investment model portfolio options with the roll-out of its separately managed account (SAM) platform, with one geared toward investors with a moderate risk appetite and the other designed for investors with a conservative investment strategy.
The new managed account solution builds on Shaw and Partners’ $2 billion of assets already held in the Praemium platform. The firm in total manages $10 billion in funds under advice, the statement said.
“An SMA allows our advisers to deliver portfolio management to their clients in a more efficient way and at a lower cost than the traditional broking model,” Shaw and Partners' head of private wealth, Earl Evans, said.
“Providing a holistic and comprehensive client experience is Shaw and Partners’ primary aim and we will continue to partner with strong and reputable firms to ensure we continue to meet our clients’ and our advisers’ needs.”
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