managed account FUM Census

Managed accounts are an important growing part of the advice profession and IMAP’s 2021 Census of the managed account market shows a total FUM as at 30 June 2021 of $111bn, exceeding $100bn for the first time.  Toby Potter IMAP CHair explaiins 7 factors that are driving growth

The appetite of investors and financial planners for managed accounts continues to grow, with new client inflows into managed accounts expected to surge over the next  3 years. 70% of Australian financial planners, representing approximately 12,000 practitioners, are now using managed accounts or intend to - up from 44 per cent in 2012