SMAs (Separately Managed Accounts) on platforms like HUB24 are huge in the US. It is surprising that they have been relatively slow to take off here.
I think the problem is awareness. INQ/HUB24 are too small and lack the gravitas to draw the mainstream SMSF investors away from the planners. This will only really be resolved though a partnership or take over from a brand name wealth management institution.
I don't know what this will mean for the share price.
INQ Price at posting:
$1.10 Sentiment: None Disclosure: Held
