investor1st | InterPrac Financial Planning | InterPrac

Investor1st

Everything you need in one account. A better way to manage your clients’ super, investments and insurances.

Investor1st administration platform is InterPrac’s exclusive admin service for both Superannuation and Investment, enabling access to direct and managed fund investments in one reporting place. It offers your clients significant diversification of investment choice for their personal superannuation, rollovers and pension funds, as well as catering for Self-Managed Superannuation Funds (SMSF).

The administration service created with the assistance of the ASX listed company HUB24 is, in our opinion, the best practice administration tool for advisers and accountants looking to manage their clients’ investments, and industry analysts agree. Advisers can log into the website at www.investor1st.com.au.

In establishing the low fee structure, InterPrac is providing the costs of distribution as sponsor of the product enabling the benefit of a lower fee structure than the HUB24 retail product. For account balances above $100,000, the fees are lower than these alternative platforms, and the greater the balance, the larger the comparative overall saving.

Investor1st provides tax reporting tools, so an SMSF trustee and adviser can not only gain access to a very wide selection of wholesale investments, you can also save time and money on the accounting and reporting functions trustees must comply with. In the case of an SMSF, your clients will be able to take up membership in Investor1st and save on fees in a number of areas, including having complete access to ASX direct shares at discounted brokerage rates, access to a wide range of leading rate carded term deposits and a choice of over 900 wholesale managed funds. In addition InterPrac advisers get access to a range of carefully selected model portfolios which are not generally available to your clients without individual subscription fees.

This service provides an online portal so your SMSF clients can track, manage and understand their complete portfolio, with this low cost simplified administration and tax reporting tool. Advisers can provide the SMSF, at no additional cost, a functionality to improve their reporting and include direct property assets, art, etc. in the reporting portal. We believe this service will assist SMSF accountants a significant time saving in the preparation of their accounting and compliance obligations, and dramatically improve a trustee’s compliance reporting.

One of the most attractive options is the simplicity of having InterPrac Model Portfolios and preferred managed portfolios available as investment choices through the Investor1st platform. If you choose a managed portfolio through an administration platform such as Investor1st, the administration system makes the changes as soon as the manager makes the changes. Your clients portfolio is updated directly and at a much lower cost as we implement our changes. In a managed portfolio, the underlying investments of the share portfolio are held as direct holdings in your client’s account, it is more transparent, and what most investors with a self-managed super fund desire.

For more information on Investor1st, please contact your InterPrac Financial Planner or InterPrac Financial Planning Managing Director, Garry Crole by email at garry.crole@interprac.com.au or phone (03) 9209 9777.

Download a copy of the Investor1st (Super) PDS here.

 

General Advice Warning

Information provided herein is general in nature only and does not constitute personal advice. The information has been prepared without taking into account your personal objectives, your financial situation or needs. Before making any decisions you should seek advice from a professional, qualified financial adviser.