SEARCH

FinClear in managed portfolio partnership with Blackrock

FinClear in managed portfolio partnership with Blackrock
The fintech group has announced a new agreement with Blackrock to deliver the investment giant's products through its platform.
FinClear CCO Tony Lynch said the news “significantly enhanced” the tech company’s platform.
“Our FinClear Platform delivers BlackRock products directly on HIN, meaning the end client always has their investments in their own name,” Mr Lynch said.
“This removes layers of fees and allows us to deliver BlackRock products more cost-effectively.”
The new offering will be particularly ideal for advisers who want to offer their clients alternatives to custodial platforms, with BlackRock Australia’s head of model portfolio solutions, Josh Persky, adding that it will give an advantage to advisers seeking HIN-based access to BlackRock products.
“We’re excited to see the iShares Enhanced Strategic Model Portfolios available on the FinClear platform,” Mr Persky said.
“In line with BlackRock’s purpose to help more and more people experience financial well-being, our iShares Enhanced Strategic Model Portfolios aim to provide investors with cost-effective, diversified investment options to meet their desired individual investment goals.
“This ideally suits the flexibility and transparency the FinClear HIN-based platform offers to Australian investors.”
Want more content on technology and innovation? Register here for the Adviser Innovation Summit.

About the author
Subscribe to our Newsletter
We Translate Complicated Financial Jargon Into Easy-To-Understand Information For Australians
Your email address will be shared with nestegg and subject to our Privacy Policy
most viewed

‘Doing things in paper is no longer efficient’ for advisers

How the great resignation can create opportunities for advice practices

New ‘first of its kind’ tool claims to cut SOA production time in half

New offering aims to make sourcing alternative investments easier for advisers
latest event
