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Praemium partners with Futuro on SMAs

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Financial planning dealer group Futuro Financial Services has teamed up with software provider Praemium to launch a new managed accounts service.

The Praemium-powered managed accounts solution is available through Futuro subsidiary Sterling Managed Investments.

Futuro's managing director, Paul Kelly, said Praemium is well known to its network of advisers.

"It was very important to our advisers that we partner with a platform provider who is well established and highly reputable," Mr Kelly said.

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Praemium commercial director Andrew Varlamos said: "As their name suggests, Futuro advisers are forward-looking. We are excited to be working with Futuro and are enthusiastic about helping them deliver superior client outcomes via our managed accounts platform."

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