Separately Managed Accounts (SMA)

If you are an adviser firm that uses discretionary managers, or if you have your own discretionary permissions, Praemium’s Separately Managed Account (SMA) can make your life easier. It provides:

  • A wide range of tax wrappers: GIAs, ISAs, SIPPs, QROPS, and Offshore Bonds.
  • Access to over 30 DFMs covering active and passive strategies with both UK domestic and international focus.
  • UK domestic and an international service for clients across three currencies; GBP, USD and EUR.
  • IRS-compliant managed portfolios for US taxpayers provided by specialist discretionary managers.
  • A world-class auto-rebalancing capability that removes the admin burden for both financial advice businesses and discretionary managers.

Less pen pushing. More wealth creating.

Praemium provides a broad range of model portfolios and underlying investments across a wide range of asset types, so you can create a truly diversified and customised portfolio for your clients.

These model portfolios are actively managed by Investment Managers and rebalanced automatically by Praemium's world class rebalancing engine and integrated Managed Accounts platform.

 

The Praemium SMA features:

  • Low minimum investment so you can support your clients, large and small.
  • Retain control of your client relationship with easy switching between discretionary managers and between model portfolios.
  • Broad asset range including UK and international listed securities, corporate bonds, ETFs and managed funds.
  • Digital acceptance of applications and in-specie transfer of assets with cost base.

Individually Managed Accounts (IMA)

The Praemium IMA is ideal for advisers who are using (or considering using) a managed portfolio service while still wanting to create bespoke portfolios using single-asset models. Features include:

  • A wide range of tax wrappers including GIAs, ISAs, SIPPs, QROPS and Offshore Bonds.
  • UK domestic and an international service for clients across three currencies: GBP, USD and EUR.
  • A broad range of single investment assets, including managed funds, exchange-traded products and cash.
  • Ability to create and edit advisory templates for bespoke strategies.
  • The ability to combine bespoke strategies (IMA) alongside model portfolios (SMA), see Unified Managed Account.

Made to measure Managed Accounts.

The IMA offers a low minimum investment requirement, competitive admin fees and low brokerage (with aggregating of trades) for a cost-effective solution. With digital acceptance of applications and in-specie transfer of assets, it’s never been easier to establish a managed account with the inherent benefits of an SMA and the additional customisation of an IMA. Your clients can also benefit from:

  • Low minimum investment so you can support all your clients, large and small.
  • Customisations, such as the ability to lock investment holdings and set minimum account level trading limits.
  • Best-in-class corporate actions, performance reporting and tax and CGT management.
  • Digital acceptance of applications and in-specie transfer of assets with cost base.
  • Innovative cash solutions.

Unified Managed Accounts (UMA)

Bringing together the benefits of the discretionary (SMA) and bespoke (IMA) solutions, the Praemium UMA provides the ultimate in transparency and account consolidation. With the Praemium UMA, you can:

  • Construct an investment strategy that contains both SMA and/or IMA in a single account structure.
  • Have both a UK domestic and an international service for clients across three currencies; GBP, USD and EUR.
  • Seamlessly switch between model portfolios or between model portfolios and single assets.
  • Access unified valuation, asset allocation, and performance and tax reporting across both managed and bespoke strategies.
  • Provide IRS-compliant solutions for clients who are US taxpayers.

The ultimate Managed Accounts view.

The Praemium UMA with its unique singular experience of both discretionary and advisory investment assets is the ultimate wealth management solution. It combines all the benefits of the SMA and IMA into one unified management reporting view. Other specific benefits of the UMA include:

  • Investment portfolios tailored by you to the unique needs of your clients with easy transition between discretionary model portfolios and bespoke holdings.
  • The ability to blend model portfolios within a single account with or without bespoke holdings.
  • An innovative Investor Portal that consolidates across tax wrappers, model portfolios and bespoke holdings.
  • A unified view of asset allocation and performance reporting.
  • A single set of client documentation, whether outsourcing investment management or constructing bespoke portfolios or both.