Wrap as you know it, has changed — introducing our new Consolidator Series

The genius of your advice lies in creating the right connections.

At Macquarie, we strive to deliver responsive investment and administration solutions to give you more time to better connect with your clients – no matter how complex their needs. We also understand the importance for your practice to be able to adapt to changing investor expectations.

That’s why we developed the Macquarie Wrap Consolidator Series.

What is the Consolidator Series?

Our Consolidator Series of Investment, Superannuation and Pension accounts are designed to align and connect the interests of you and your client.

It offers competitive administration fees on Macquarie's proven administration platform technology, service model and broad choice of investments to help deliver value and client choice for your practice, including:

Investment, super and pension accounts

Whatever your client’s lifecycle stage, the Macquarie Consolidator Series offers solutions designed to support your practice and your clients. Find out more.

Competitive administration fees

Clients are seeking value, not only from their advisers, but from the solutions that advisers deploy behind the scenes to deliver portfolio management and administration. Regulators are also taking a keen interest in fees and charges associated with the provision of advice and administration.

The Consolidator Series responds to these demands for greater value by offering:

  • a very competitive fee structure
  • an overall portfolio value pricing structure  designed to encourage the consolidation of  managed investment and listed security holdings
  • no transaction fees for automated transactions as well as no transfer-in fees
  • no additional custody or trustee fees
  • Relationship Pricing – 10 per cent administration fee discount applicable to all Consolidator Series accounts held within a family group.

View our fee structure

Full service platform

The Consolidator Series leverages the same proven platform technology, extensive experience in administration of shares and other listed securities, and personal service that underpin Macquarie Wrap’s reputation for service excellence. It is these high standards that have made Macquarie Wrap one of the industry’s leading wrap platforms by size. 1

Read more about Macquarie Wrap.

Meeting changing client needs

Our Consolidator Series meets your clients’ changing needs by:

  • offering very competitive administration fees to encourage your clients to transfer their direct holdings of shares and other listed securities to their Investment Consolidator account
  • enabling ease of  administration for portfolios which incorporate a greater proportion of shares and other listed securities , leveraging Macquarie Wrap's proven platform solution for managing listed investments 1
  • offering an online Corporate Actions Calendar making it easy for you to manage your client’s corporate action elections.

The centre of your investment portfolio

The central cash accounts featured in our Consolidator Series leverage the proven functionality that has made Macquarie a leader in providing cash management solutions that support investment administration.

Macquarie Consolidator Cash Account (IDPS)

  • The Macquarie Consolidator Cash Account (Cash Account) is offered as the cash hub
  • a variable rate deposit account provided by Macquarie Bank Limited
  • an efficient way to manage cash flows associated with your client’s portfolio of investments
  • based on an extensive range of features and backed by our commitment to excellent service.

Macquarie Consolidator Cash Hub (Super and Pension Consolidator)

  • The Macquarie Consolidator Cash Hub is the central cash account for all the regular transactions
  • a variable rate wholesale deposit with Macquarie Bank Limited.3

Please note that the interest rate payable on the Consolidator Cash Account and Consolidator Cash Hub will generally be lower than that of the prevailing Macquarie Cash Management Account interest rate. Please see the relevant PDS for further information.

Consolidator Series and Macquarie Wrap Model Portfolios

  • complimentary to the Consolidator Series administration fee structure comprising a broad range of individual holdings – whether these are listed securities or managed investments – as no matter how many securities are included in the model, administration fees are based on the overall portfolio value
  • no transaction fees for any transactions initiated through Macquarie Wrap Model Portfolios involving an investment already held within the client’s account. 4

Why Consolidator Series?

Adviser and client behaviours are shifting; clients are increasingly expecting their advisers to include direct shares and other listed investments in their portfolios and advisers are recalibrating advice models to meet this demand.

Approximately 30 out of every 100 advisers already include listed securities in their advice model and this is expected to increase to 43 out of every 100 advisers during the next three years. 5

Our Consolidator Series includes a range of accounts:

  • Macquarie Investment Consolidator
  • Macquarie Super Consolidator
  • Macquarie Pension Consolidator

Whatever your client’s lifecycle stage, the Macquarie Consolidator Series offers solutions designed to support your practice and your clients.

View Consolidator Series brochure here

Our Consolidator Series is complementary to our existing suite of Wrap solutions:

pension-consolidator pension-manager super-manager investment-manager super-accumulator investment-accumulator super-consolidator investment-consolidator

Key features and fees

Fee structure

 
Please note: all fees are inclusive of GST less RITC; minimum fee of $58 per month per account applies. For further information on the Consolidator Series fees, please refer to 'Fees and other costs' section of the Investment Consolidator IDPS Guide or Super and Pension Consolidator Product Disclosure Statements (PDS).

Operational information

Converting to the Macquarie Consolidator Series

Our conversion process allows you to easily move your client from their existing Investment Manager, Super Manager or Pension Manager account to the Consolidator Series equivalent, while retaining the same account details, performance and transaction history.

Find out more about our easy conversion process.

Increasing efficiencies in your office

Wrap offers a variety of tools to increase the efficiency in your office and enable you to further enable the genius of your advice:

Software integration

esi (external systems interface) is Macquarie Wrap's software solution which automatically feeds data in to and out of your financial planning software. Your clients' data (e.g. transactions and valuations) is received daily by your financial planning software, so the latest information regarding your clients' Macquarie Consolidator accounts is always at hand.

The one-off set up for esi means that client data is automatically updated on a regular basis, without the need to manually download and upload information.

The compatible systems currently available are:

To set up esi, you simply request esi authentication details from our secure online site and copy the details into your external systems. Once you have completed setting up esi, Wrap data feeds will be automatically retrieved by your external systems.

To learn more about esi speak to a Macquarie Wrap Business Development Manager today.

Why Macquarie Wrap?

Efficiency

  • Proven service delivery model

    Macquarie Wrap is the only platform to have consistently ranked in the ‘top two’ for overall service from 2007 to 2010.8
  • Proven technology platform

  • Macquarie Wrap Model Portfolios

    Macquarie Wrap Model Portfolios provides efficient investment allocation, but not at the expense of choice and customisation according to each client’s needs.

    Macquarie Wrap Model Portfolios enable dealer groups, dealers and/or advisers to establish models, link and de-link clients to models in bulk, client level rebalancing and the ability to exclude specific model investments from client rebalances – combining efficiency, choice, flexibility and precision in the administration of client portfolios.

    Find out more

Flexibility

  • No entry or exit fees

    We do not charge entry fees or exit fees when clients open or close a Macquarie Wrap account. 10

  • Commuting and commencing pensions made easy

    Pension Update allows your clients to commute an existing pension and start a new pension, while retaining the same account details and transaction history, saving you and your staff time.

Choice

  • A wide range of investment options

    Investment accounts:

    • approximately 600 managed investments
    • term deposits
    • all shares
    • exchange traded funds (ETFs)
    • listed investment companies (LICs)
    • real estate investment trusts (REITs) listed on the ASX and settled through CHESS.

    You may also transfer your clients’ existing holdings in these investments into their account.

    Super and pension accounts:

    • investment menu offers breadth of choice
    • Macquarie Investment Management Limited (MIML) as the trustee of the superannuation fund is responsible for setting the fund’s broad investment strategy
    • MIML has imposed trustee limits designed to limit the exposure to specific investments, forming part of the superannuation  investment strategy

  • Choice of broker

    • Macquarie Wrap offers you and your clients their choice of stockbroker when buying or selling listed securities
    • Online orders are executed through Macquarie Equities Limited9
    • Offline trades through your client’s preferred broker.
  • Choice of account
  • Choice of pricing structure

Client engagement

  • Respecting your client relationships

    We only send communications directly to your clients where we are under an obligation to do so.

  • Delivering the next generation of administration and investment solutions

    We are committed to working with you to deliver the next generation of administration and investment solutions. After all, our business is about supporting your business.

 

For more information

> Visit Macquarie Wrap's website

 

Hear more about Consolidator

View our webcast now

Missed our recent Macquarie Adviser Services Briefing? Watch the webcast here and learn more about Consolidator

FAQs

View our Consolidator Series FAQs here.

Offer docs

Contact us 

Contact one of our Business Development Managers today

> Visit Macquarie Wrap