Victoria-based financial planning group Securinvest has teamed up with Australian platform provider Netwealth to deliver private label version of Netwealth's managed accounts offering to clients.

Netwealth joint-managing director Matt Heine Heine said: "We are really pleased to be working with Securinvest, who are embracing the many benefits of managed accounts including greater business efficiency but more importantly, better client outcomes."

The private-label managed account service will be guided by the investment expertise of Zenith Investment Partners.

Securinvest joint managing director Craig Thwaites added: “We’re excited to be offering our clients a range of contemporary model portfolios, with Zenith employing a dynamic asset allocation with their best research ideas for active managers.”

Earlier this month, Netwealth collaborated with Sydney-based wealth management firm Stanford Brown for a private label managed accounts service.