Platform provider OneVue is looking to increase the distribution channels available to its unified managed account (UMA) offering before the end of 2011.
In an effort to realise this objective, the organisation has been in advanced talks with several accounting firms and dealer groups.
An announcement regarding new OneVue clients is expected in the immediate future.
At present, OneVue provides its UMA platform to the authorised representatives of Australian Financial Services, Yellow Brick Road, and Madison Financial Group.
"While the concept of the UMA is still relatively new in Australia, OneVue is getting more traction from advisers because the UMA provides a consolidated administration and reporting service online that gives advisers a complete view of their clients' total wealth position," OneVue chief executive Connie McKeage said.
"OneVue was the first in Australia to create the UMA style of platform and it's a fantastic tool for advisers working with clients who have simple to very complex needs, including those that have self-managed super funds."
OneVue is looking to use the comprehensive nature of its UMA platform to appeal to advisers as it can facilitate investments in traditional vehicles such as managed funds, term deposits and listed equities, as well as less conventional investments such as properties, mortgages, and collectable assets.
A recent addition to the UMA product suite was managed discretionary accounts.
McKeage said the organisation expected to include access on the platform to a retail superannuation product and an insurance offering very soon.
