The Unified Managed Account (UMA) is the only solution combining the SMSF market requirements with the non-super product needs giving you control of the total client experience. The OneVue UMA provides you with one consolidated view of your clients' total net financial position. 

If you would like to hear more about how you can leverage the UMA to make your business more effective, hear from a colleague.

Most financial advisers and their clients are now either using Separately Managed Accounts (SMA) and Unified Managed Accounts (UMA) or becoming better informed about this fast growing sector of the market.

The question is why after so many years of ignoring the exponential growth in the US of both UMAs and one of its underlying products the SMA have Australian advisers finally embraced SMAs and UMAs as a enhanced client proposition.  Note: In 2010 more than $900 billion USD are held in SMAs.

First the regulatory environment has facilitated a power shift back to you, the adviser.  Although there has been much controversy surrounding some of the proposed legislative changes there is no doubt that you and your clients will be the ultimate winners. 

Historically products have been sold and commissions accepted. The real value "advice" has not been properly costed.  Now advisers are using UMAs to sell value added advice and product choices are simply an outcome.  A clients overall wealth management experience and the clients relationship with his or her adviser are now driving product and platform choices.

Secondly, we are in the middle of a major demographic shift.  Over the next 10 years Australia is going to experience an unprecedented wave of retiring baby boomers - the richest class of people in world history.

According to US research this will fuel the need for advisers who can provide consolidated wealth management solutions for complex financial needs from warrants, term deposits, property, shares and managed funds to recommendations on tax management.

Advisers who adapt to this new environment and position themselves to provide total wealth services will be best placed to reap the rewards of this historic wealth transfer. The OneVue UMA readily gives you a total picture of your clients net wealth position including assets administered by OneVue, assets administered by you and a portfolio representation of the combination of both as seen below.

What is the OneVue Unified Managed Account and how can you begin using it?

The OneVue UMA is an adviser driven solution that provides you with:

• A single consolidated online administration and reporting service that gives you a complete view of your clients financial position ... assets and liabilities ... 24 hours a day seven days a week.
• A single service that enables you to buy and sell a full range of securities including shares, professionally managed SMA model portfolios, managed funds and fixed interest term deposits through one online order pad.
• A single solution that administers all your clients' investments and provides fully consolidated reporting across multiple tax entities including SMSFs, trusts, companies and partnerships.
• The ability to see all your clients' assets and liabilities even if you are not advising on them including cars, artwork, private property etc, enabling you to still access their total net financial position.

The OneVue UMA promises better, more complete information which means better decisions and better results.  By having all your clients' assets and liabilities on the OneVue UMA you deliver to your clients:

• A single "source of truth" view of their total wealth position with up-to-date information based on timely administration, transaction and reporting,
• Reduced administration at a lower cost and
• A reduced tax compliance burden through comprehensive consolidated reporting.

The OneVue UMA will relieve both you and your clients from the task of administering their total wealth freeing up valuable time to focus on just one thing - building and preserving their wealth.

If you would like a demo of the OneVue UMA including the SMA then please call us on 1300 790 235 or send us an email.  We look forward to hearing from you. 

Disclaimer
The information in this document is general information only that has been prepared without taking into account any individual’s objectives, financial situation or needs. Before acting on this information you should read and consider the relevant offer documents available by contacting OneVue.

The OneVue UMA Other Assets & Liabilities Service, SMA and Wrap Service are issued and operated by OneVue Limited ABN 18 072 262 312, AFSL 245525. The OneVue term deposit hub is provided by Australian Money Market Pty Ltd under the AFS licence of DDH Graham Limited ABN 28 010 638 219 AFSL 226319. OneStepSUPER is issued by CCSL Limited, ABN 51 104 967 964, AFSL 287084.