Welcome To Powerwrap
A NEW - TECHNOLOGY WRAP PLATFORM
Offering access to a universe of managed funds, separately managed accounts, term deposits and direct equities, Powerwrap is an independent platform that provides superior investment reporting and tax management technology, and is fully compliant with the Government's Future of Financial Advice reform agenda.
Independent
Powerwrap is not part of a financial institution, we don’t manufacture products and we don’t own a dealer group. We only do Administration. That means we are entirely focused on delivering an excellent administration service. It also means we don’t have any conflicts of interest – we don’t have a head office telling us to promote funds owned by other parts of the organisation; and we don’t try to market to your clients directly – which means you can be confident you are partnering with someone you can trust.
Transparent
Powerwrap is a new-technology, fully online solution. Advisers can select from an extensive array of investment alternatives, including model portfolios. Powerwrap’s Separately Managed Account (SMA) functionality enables you to invest in a number of model portfolios, with client portfolios rebalanced daily based on decisions of the relevant investment manager(s), and without you needing to seek further instructions from your client. The adviser and client can access the client portfolio online, 24/7, seeing not just units in selected managed funds, but also the underlying shares and other assets that make up the investment manager’s model.
Flexible
Powerwrap is able to deploy its platform to suit the needs and objectives of our partners. As opposed to the "any colour as long as its black" approach of the incumbent platforms, we configure a solution to the specifications of our partners. SMARTwrap is deployed as a low-cost, open-access solution for the wider market of financial planners. We deploy the service for MyState, a Tasmanian ADI, with their cash account and term deposits "baked in". As we don’t compete with our partners, and as we have a flexible, open-architecture technology codebase, we are able to give you the platform you want.
