Portfolio consultants construct managed account portfolios, oversee their performance, and suggest amendments to CFS.
Lower the cost of advice and reduce admin time
Efficient
The flexibility of a managed account combined with the simplicity and efficiency of FirstChoice.
Cost effective
Portfolios available on FirstChoice at no additional cost to you or your clients.
Transparent
Clients can access comprehensive reporting via CFS’ secure portal and mobile app.
Find the right managed account on FirstChoice
Specialist portfolios
Specialist portfolios can help you lower the cost of advice and reduce administration, giving you more time for client servicing and business development.
Licensee tailored portfolios
Licensee tailored portfolios are designed and approved by licensees – and available on FirstChoice at no extra cost to you or your clients.
What are the benefits of FirstChoice managed accounts?
Clients
Clients benefit from professionally constructed investment portfolios that automatically rebalance according to their chosen weightings and strategy. This provides piece of mind, knowing their portfolio is always up to date without paying extra administrative or implementation fees. Clients receive comprehensive reporting through CFS’ secure portal and mobile app, with less hassle and paperwork during portfolio adjustments.
Advisers
Advisers can access managed accounts without additional platform or implementation costs. Automatic rebalancing provides confidence that their clients’ portfolios are consistently aligned to their advice strategy. Advisers save time spent on managing changes and preparing lengthy records of advice. CFS reviews and implements portfolio adjustments and executes rebalancing, further reducing the compliance burden on advice businesses.
Specialist portfolios
How do specialist portfolios work?
Specialist portfolios are managed collaboratively by portfolio consultants, advisers, and CFS to meet various
client goals and risk preferences.
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CFS reviews and executes these portfolios, ensuring they align with client’s desired weightings.
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Advisers design advice strategies, recommend suitable managed portfolios for the clients’ FirstChoice Wholesale Personal Super or Pension account, and engage with clients regarding their portfolios, generally without the administrative burden of records of advice or transaction authorisations.
Meet the specialist portfolio managers
AZ Sestante
Drummond Capital Partners
Innova Asset Management
InvestSense
Lonsec
MLC Asset Management
Morningstar
Zenith
Licensee tailored portfolios
How do licensee tailored portfolios work?
Licensee tailored portfolios operate through a coordinated effort among licensees, advisers and CFS.
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The licensee constructs managed account portfolios, oversees their performance, and advises CFS on necessary changes. They also inform advisers about portfolio performance and updates.
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CFS reviews, approves, and implements portfolios, ensuring they align to clients’ preferences and manages the product disclosure regime.
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Advisers design customised strategies for clients, recommend suitable managed account portfolios for their super or pension accounts, and interact with clients regarding their portfolios, often without the administrative burden of record of advice or transaction authorisations.
Unleash in ways you never thought possible
Get in touch
For technical enquiries contact us
8:30am – 6pm AEST Monday to Friday.
Avanteos Investments Limited ABN 20 096 259 979, AFSL 245531 (AIL) is the trustee of the 'Avanteos Superannuation Trust' ABN 38 876 896 681 and issuer of CFS Edge Super and Pension. Colonial First State Investments Limited ABN 98 002 348 352, AFSL 232468 (CFSIL) is the Investor Directed Portfolio Service (IDPS) operator and custodian of 'Avanteos Wrap Account Service' which includes CFS Edge Investments.
Colonial First State (CFS) is Superannuation and Investments HoldCo Pty Limited ABN 64 644 660 882 and its subsidiaries, which includes AIL and CFSIL. The investment performance and the repayment of capital of AIL and CFSIL products are not guaranteed.
While all care has been taken in preparing the information contained in this webpage (using reliable and accurate sources), to the extent permitted by law, no one including AIL and CFSIL, nor any related parties, their employees or directors, accept responsibility for loss suffered by anyone from reliance on this information. This webpage provides general information for the adviser only and is not to be handed to any investor. It does not consider anyone’s individual objectives, financial situation, needs or tax circumstances. You should read the relevant Product Disclosure Statement (PDS), Investor Directed Portfolio Service Guide (IDPS Guide) and Financial Services Guide (FSG) before making any recommendations to a client. The PDSs, IDPS Guides and FSGs can be obtained from www.cfs.com.au or by calling us on 1300 769 619.