Aims to protect investments from adverse market movements
Access discounts on a range of well-rated wholesale managed funds
Spend less time delivering tailored solutions
A simplified rollover process to consolidate multiple funds in just one request.
BT Wrap is designed for investors who want an extensive choice of managed funds, listed securities and term deposits with the option of margin lending, capital protection and integrated insurance. The minimum investment for BT Wrap is $50,000.
BT SuperWrap is designed for clients who want choice, flexibility and control in building their retirement nest egg. The structure of SuperWrap can be ideal for clients wanting certain features of an SMSF, including potential tax benefits, without the additional administration and compliance responsibilities of running an SMSF.
Efficiency for advisers
BT Wrap provides a full online trading facility and model portfolio functionality that cuts down on the four areas that eat up most of your time – compliance, client reviews, portfolio construction and implementation. The custodial holdings option can save you time from share registry paperwork and can allow for participation in corporate actions and IPOs online. Comprehensive reporting and eStatements offer you an instantaneous and complete view of your client business. You can also easily download client data into a range of financial planning/accounting software.
Broad investment choice
The Wrap platform offers investors a choice of over 700 managed funds with fund profiles and research information. With BT Wrap, investors can access the full ASX investment menu (or securities in the S&P/ASX 300 for BT SuperWrap). Your clients can also choose from a selection of Westpac Term Deposits, make use of a cash account, and integrated margin lending.
Enjoy total convenience with 24 hour access and control of the platform – for you or your clients. Margin lending and regular withdrawal facilities are available for BT Wrap, while online deposits are available for both BT Wrap and BT SuperWrap (withdrawals placed before 3pm Sydney-time are completed overnight). The platform’s online validation reduces errors including missing information, meaning less time wasted in follow-up calls to clients. If you do need any assistance using the platform, we can provide free Wrap DeskTop training.
Both BT Wrap and BT SuperWrap provide you with comprehensive reporting on your business and clients. Reports for your clients include Quarterly statements for Wrap and PAYG statements for SuperWrap; Annual reports and statements, tax statements, Income Payment Schedules and PAYG Payment Summaries for Pension Plans, Annual Statement for Personal Super Plan and Pension Plans, Annual Report for SuperWrap.
Wrap offers a variety of options that can assist with charging specific fees for the services you provide to the client in relation to your client accounts. For instance, you can set the level of up-front and ongoing advice fees as a percentage or dollar amount, or you can charge one-off advice fees. Depending on how you’re set up, these fees can be paid to your Head Agent, or into your bank account directly.