Morningstar managed accounts added
to CFS Edge

Tuesday 5 December Colonial First State (CFS) continues to expand the investment choice on CFS Edge with a range of managed accounts from Morningstar.

CFS Edge users now have access to six diversified managed account options from the Morningstar Medallist series, including Conservative, Moderate, Balanced, Growth, High Growth, and an All-Growth Portfolio.

CFS Group Executive – Distribution, Bryce Quirk, said CFS Edge is fast becoming the go-to platform for financial advisers looking to grow and unlock efficiencies in their business. 

“Managed accounts are synonymous with efficiency and the addition of Morningstar’s SMAs to Edge will further enhance the timesaving benefits that advisers are looking for in professionally managed portfolios,” Mr Quirk said. 

“Utilising best-of-breed portfolio management capability and investment strategies, managed accounts on Edge are designed to deliver efficient portfolio implementation and transparency of investments in a cost-effective solution,” he said. 

Matt Wacher, Chief Investment Officer, Asia Pacific, Morningstar said: 

“We are delighted that our suite of SMAs have been included on the CFS Edge Platform. Our SMAs not only bring together a diversified portfolio of investment opportunities into portfolios that are a proven outperformers but also add efficiencies to an adviser’s practice, with a multi-asset solution that integrates seamlessly with an adviser’s business.” 

Morningstar joins a growing list of managed account providers that have recently partnered with CFS Edge including Atchison, Drummond, Infinity Asset Management and Russell Investments.

“We will continue to expand our managed account menu and look forward to partnering with leading investment managers,” Mr Quirk said. “Advisers have told us that the needs of their clients are evolving, and we are responding at pace to those needs.” 

CFS Edge is the first major wealth management platform with managed accounts at its core. The platform offers advanced modelling tools designed to support deeper analysis through greater customization and granularity in the comparisons and portfolio analysis that can be undertaken.

Built in collaboration with FNZ, a global leader in wealth management platforms, CFS Edge is the most contemporary wealth management platform in the market, bringing world-class technology and capability to the Australian financial advice sector and their clients.

The platform offers real-time two-way integration with financial planning software including Iress Xplan and AdviserLogic. 

Media enquiries

James Mitchell, Senior Manager External Communications, Colonial First State

james.mitchell@cfs.com.au