netwealth Investments launches smart, a new modelling and rebalancing tool.
Sophisticated Modelling and Rebalancing Technology gives financial planners the ability to automatically balance client accounts (individually or in bulk) allowing for investor-specific tax and investment rules, constraints and asset exclusions.


MELBOURNE, AUSTRALIA, March 12, 2010 /24-7PressRelease/ -- Platform and financial services provider, netwealth, has announced the launch of smart -"Sophisticated Modelling And Rebalancing Technology" in conjunction with its award winning product range.

smart is a significant and powerful development in the Australian wealth management industry and a major enhancement to the netwealth platforms.

smart provides entities licensed to provide financial advice, such as wealth managers, private banks, stock broking firms and financial planners with the ability to be more efficient, accurate and cost effective when implementing and managing a variety of assets and portfolios across large and varied client bases.

Model portfolios and the technology that drives their integration into comprehensive platform offerings are vital where you are providing tailored portfolio advice to clients based on their individual needs.

"netwealth's decision to integrate model portfolios and managed accounts into its platform represents the best of new thinking in delivering high quality wealth management services in Australia", states Stuart Holdsworth - Managing Director of Financial Simplicity.

Commenting on the new technology, Michael Heine, Managing Director of netwealth said "smart enabledTM users can automatically rebalance client accounts, either individually or on a bulk basis, taking into account investorspecific tax and investment rules, constraints and asset exclusions."

He continued "Unlike other services available on platforms, smart works across all asset classes so you can execute shares and managed fund transactions at the same time."

Following a soft launch of smart in late December, more than 10 groups have been accredited to use the service with manymore scheduled for February and March.

CONTACT DETAILS
For more information contact:
Matt Heine - Executive Director
0419 777 677
Matt@netwealth.com.au

ABOUT NETWEALTH
netwealth Investments Limited entered the market in 2002 to provide a wide range of financial products to Australian investors and the financial planning industry. netwealth Holdings Ltd (netwealth) owns and operates netwealth Investments Limited, Financial Planning Services Australia Pty Ltd and Bridgeport Financial Services Pty Ltd.

netwealth is a member of the Heine Brothers Group, a privately owned organisation that originated in Europe in 1865. The group has a long history in international trade and finance. In 1945 Australian operations commenced and the Heine Brothers Group become a major trading house dealing in commodities and bulk raw materials throughout the world. The group expanded its activities from international trade into finance, property development and investment.

netwealth continues the strong Heine tradition as an innovative financial services organisation focused on building strong relationships with investors and investment professionals.

netwealth Investments Ltd holds an Australian Financial Services Licence (AFSL 230975) issued by the Australian Securities and Investments Commission (ASIC), a Registrable Superannuation Entity Licence (No. L0000192) issued by the Australian Prudential Regulation Authority (APRA) and netwealth is a member of the Investment & Financial Services Association (IFSA).

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Press Release Contact Information:

Rubi Segura
netwealth Investments
Sales and Marketing
Level 5/52 Collins Street
Melbourne, Victoria
Australia 3000
Voice: 1800 888 223
Fax: +61 3 9655 1333
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