What binds us is the belief that the industry is and will increasingly become more divided between 3 broad groups;
- Industry Super Funds, with a growing Advisory Arm,
- Bank Aligned Planners, and
- IFA’s – Independent Financial Advisers.
We clearly sit in the third – IFA camp.
Our business model is based on both; the flexibility and efficiencies gained by operating under an MDA licensing structure, coupled with the freedom of being a non-aligned licensee.
Without institutional ties and the limitations placed by conflicted ownership structures, we are able to pursue and offer a true Fee for Service model.
Our AFSL has MDA & Derivatives capabilities, plus all other traditional inclusions. There’s very little if any area of advice we cannot accommodate.
What drives us is the opportunity to work closely with like-minded groups seeking innovative ways to deliver Professional Advice, and assist them in growing their business by utilising our unique services and offering.
Each year we license a number of Advisers and Planning groupsseeking a true IFA alternative. Watershed represents the various people, stakeholders and businesses, working together to form a complete solution.
The Watershed Group, based in Collins Street Melbourne, comprises of:
- Watershed Funds Management Pty Ltd – provides MDA (managed discretionary account) services, constructing IMA (individually managed account) portfolios for Financial Planners & Planning Groups.
- Watershed Dealer Services Pty Ltd – provides traditional Dealer Services on a ‘user pays’ model.
In an environment where smaller independent dealer groups are rapidly being absorbed, Watershed presents a non-aligned licensee and portfolio service offering to independently- minded practices striving for excellence and a point of difference in their advice.
The shareholders of the Watershed Group are; Adam Rowley, Adrian Rowley and Ben Bowen. We have no institutional ties of any kind. Watershed is a private company.
Large or Small investment teams…who’s r...
Our experience has been markedly different, with our much larger Investment Committee structure of yesteryear proving cumbersome and far more cluttered in terms of management. We have found having a more concentrated portfolio management team who, whilst having a niche sectoral expertise, are integrated a...
Watershed High Growth SMA update – March Qtr ...
The Watershed High Growth Multi-asset portfolio returned 8.91% over the March quarter, underperforming the Morningstar Australian Multi-sector Aggressive Total Return Benchmark (in AUD) by 1.45%.
Watershed Growth SMA update – March Qtr 2019
The Watershed Growth Multi-asset portfolio returned 8.08% over the March quarter, underperforming the Morningstar Australian Multi-sector Growth Total Return Benchmark (in AUD) by 0.77%.
Watershed Balanced SMA update – March Qtr 2019
The Watershed Balanced Multi-asset portfolio returned 6.54% over the March quarter, underperforming the Morningstar Australian Multi-sector Balanced Total Return Benchmark (in AUD) by 0.61%.
Watershed Conservative SMA update – March Qtr...
The Watershed Conservative Multi-asset portfolio returned 4.83% over the first quarter of 2019, outperforming the Morningstar Australian Multi-sector Conservative Total Return Benchmark (in AUD) by 1.14%.
International ETF SMA update – March Qtr 2019
The Watershed International ETF SMA has had a strong quarter alongside global markets, returning 8.05% for the quarter, slightly underperforming the MSCI World Index (in AUD) which returned 11.15%.
Income SMA update – March Qtr 2019
The Watershed Income SMA continues to provide a high income level with low capital volatility. The portfolio returned a positive 0.93% for the March quarter after a 0.70% return in the December quarter despite 10-20% corrections seen across global share markets.
Emerging Leaders SMA update – March Qtr 2019
The Watershed Emerging Leaders SMA rebounded strongly along with the market in the March quarter. The portfolio rose 10.75% for the quarter compared to the small ordinaries which rose 12.59% resulting in underperformance of 1.84%. The portfolio remains well ahead of benchmark over the longer term.
Australian Share SMA update – March Qtr 2019
The Watershed Australian Share SMA rebounded 8.89% over the March quarter trailing the index by 2.00% after one of the best quarterly index returns since 2009.
International SMA update – March Qtr 2019
The Watershed International Share portfolio rose by 9.9% in the March quarter underperforming its benchmark index by 1.3% while returning 16.7% for the 12 months ended March outperforming its benchmark by 6.3%.
Watershed – A Team More than the Sum of its P...
We believe a distinct advantage of ours is that our Investment Committee structure sees our IC members involved in every step of the decision-making process, from Asset Allocation all the way through to individual stock selection. This is because our analysis of the global macroeconomic environment at the ...
High Growth – diversified multi-asset Feb 2019
The Watershed High Growth Model seeks to provide investors with capital growth over the medium to longer term (at least 5 years) through exposure to a diversified portfolio of growth assets. The objective of the Watershed High Growth Model is to outperform the Morningstar Australia Multi Sector Aggressi...