Managed Discretionary Accounts &
Non-Discretionary Managed Accounts

Managed Discretionary Accounts

Crystal Wealth is authorised under its own dealers’ license to provide Managed Discretionary Account (MDA) services to its clients. An MDA service is essentially an arrangement whereby we manage an investment portfolio of assets for you on a discretionary basis according to an agreed investment program that meets your individual needs and objectives.

Under this service, clients have the ability to include the option of tailoring a specific portfolio to their needs or the option of utilising one or more carefully researched and monitored model portfolios. Both options can incorporate a selection of quality assets under the selected asset class options of cash, fixed interest, Australian shares, international shares, property and other asset classes.

Non-Discretionary Managed Accounts

Crystal Wealth is also able to provide Non-Discretionary Managed Account (NDA) services to its clients. This offers personalised investment portfolio management on a non-discretionary basis either on a ‘stand-alone’ basis or in concert with other Crystal Wealth MDA Services.

The key difference with an NDA service is that following receipt of any personal advice or recommendation from us, you must authorise all transactions in relation to your portfolio investments in writing to us or by other secure means (including electronic authorisations).

This means that we will not act on any recommendation regarding the purchase or sale of any investment on your behalf that you do not authorise first.