Praemium signs new SMA deal
A leading wealth management business has commissioned Praemium to deliver its customised portfolio solution.
Pitcher Partners’ Brisbane office has selected Praemium to provide a new separately managed account service; with Praemium saying the deal gives Pitcher Partners “the ultimate flexibility”, to create custodial and non-custodial managed account solutions for many of its current and future clients.
“We are delighted to have Pitcher Partners Brisbane as a new managed accounts partner,” Praemium head of distribution Martin Morris said.
“We pride ourselves on offering solutions that meet the demands of wealth management firms and their clients and our market-leading integrated managed accounts platform continues to attract strong demand from the adviser community.”
Morris said customised portfolios are becoming increasingly important as clients demand a more tailored investment experience and the Praemium platform allows significant levels of customisation across both portfolio management and online investor reporting.Pitcher Partners wealth management director David Lane said the sophistication of Praemium’s technology made the firm’s decision simple.
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