Managed Accounts

NC Group offers investment managers a streamlined Managed Account solution through our Managed Account Platform (MAP), delivering a range of benefits for both managers and their clients:

Direct Ownership: The securities are not pooled in a unit trust but are held in the name of the broker as custodian on the client’s account. This means that all dividends, distributions, franking credits and any capital gains or losses will be reflected directly on the client’s income tax statement.

Client flexibility:
• A client can request (subject to the adviser’s discretion) exclusion of investments in a mandate (e.g. unethical companies)
placing their existing securities into their account (not a sale)
• the purchase of particular securities outside the mandate
• the sale of a particular security at any time for any reason including for a planned tax outcome borrowing to increase the portfolio

Full Transparency: Clients can access their accounts daily, allowing them to monitor their portfolio holdings and performance in real time.

Efficient Management: MAP operates under a general advice framework, with trading conducted according to the mandate outlined in the offering documents. This removes the need for ongoing personal advice updates such as Records of Advice (ROA) or Statements of Advice (SOA) — enabling managers to act swiftly and efficiently on investment decisions.

As an experience managed account operator, we assist boutique managers with the setup and operation of successful managed account programs in the United States of America.

NCC is registered with the Commodity Futures Trading Commission (CFTC) as a Commodity Trading Advisor (CTA), registered with the Securities and Exchange Commission (SEC), and holds an Australian Financial Services Licence (ASFL) to deal in Forex, Securities, Derivatives and MIS.