Managed Account Holdings
(ASX:MGP) has partnered with Knight Financial Advisors to unveil a new Managed Discretionary Account (MDA) service.
The company was engaged to build a customised technology solution with the aim of reducing repetitive administrative tasks and improving efficiency.
The company also says that the efficiencies from its MDA will benefit Knight Financial’s advisors, and give them less time in the back office, and more time in front of clients.
Knight Financials’ director, Peter Farlie, says that the new MDA service will help his group to focus on growth while delivering high quality customer service and improved after-tax client outcomes.
Managed Account Holdings reported a net profit of $247,000 at 31 December 2015.
