WHY INDIVIDUAL HINS?
Increased Control with Individual HIN-Based IMPs
At Managed Portfolios, we understand the importance of providing increased control to both advisors and clients when it comes to their investments. That's why we've built our products around an individual HIN-based model and ensure that clients have their own separate bank accounts in their names. This approach offers a multitude of benefits for clients, such as enhanced peace of mind, security, and tax planning opportunities.
Greater Security and Peace of Mind
One of the key benefits of our individual HIN-based model is that it ensures clients maintain direct ownership of their investments. By holding assets under separate HINs, clients can enjoy a greater sense of security, knowing that their investments are not pooled with those of other investors. This arrangement also allows for increased transparency, as clients can clearly see how their assets are allocated and managed.
Optimal Control
With Managed Portfolios, clients have their own separate bank accounts in their names, giving them full control over their cash holdings. This setup not only adds another layer of security and transparency but also enables clients to manage their cash flow more efficiently, including making additional contributions, withdrawals, and monitoring transactions with ease.
Tax Planning Advantages
The individual HIN-based model and separate bank accounts also provide clients with significant tax planning benefits. By maintaining direct ownership of their investments, clients can potentially maximize the use of tax benefits, such as franking credits.
Additionally, having separate bank accounts allows clients to manage and optimize their tax liabilities more effectively, based on their unique financial circumstances.
Need more details? Contact us
At Managed Portfolios, we are here to help. If you have any questions about our services or would like to learn more about how we can help you achieve your investment goals, please don't hesitate to contact us. You can reach us by phone, email, or through our social media channels.