Turnkey Asset Management Programs (TAMP) in Australia: 2025 Guide

Turnkey Asset Management Programs (TAMPs) have rapidly evolved from a niche solution for financial planners into a mainstream strategy reshaping how Australians approach investing. In 2025, new technology, regulation, and investor demand are driving TAMP adoption to record levels—especially for those seeking professional management without the high-touch, high-cost model of traditional wealth services. So, what exactly are TAMPs, and how can they fit into your financial plans?

What is a Turnkey Asset Management Program (TAMP)?

A Turnkey Asset Management Program is a platform or service that enables financial advisers and investors to outsource the day-to-day management of investment portfolios. TAMPs handle asset allocation, research, trading, compliance, reporting, and even tax optimisation—allowing advisers to focus on client relationships and strategic planning. For direct investors, TAMPs offer diversified, professionally managed portfolios with streamlined onboarding and reporting.

• Comprehensive service: Portfolio construction, monitoring, rebalancing, tax management.
• Ease of use: Minimal setup for advisers and investors—hence ‘turnkey’.
• Broad access: Direct, managed accounts, SMA/IMAs, and model portfolios available.

In Australia, TAMPs are typically regulated under ASIC’s Managed Discretionary Account (MDA) framework, with increasing scrutiny on compliance and transparency in 2025.

Why Are TAMPs Booming in 2025?

Australian investors are seeking smarter, scalable ways to build wealth—and advisers are under pressure to deliver value while navigating rising compliance costs. TAMPs address both challenges. Here’s what’s driving the surge:

• Regulatory Clarity: The 2024 ASIC updates to MDA licensing and disclosure standards have made it easier for advisers to use TAMPs while ensuring clients are protected and informed.
• Technology Advancements: AI-driven portfolio construction, automated tax-loss harvesting, and seamless client portals are now standard features for top TAMPs.
• Fee Compression: As clients scrutinise every dollar, TAMPs offer institutional-grade investment management at a fraction of traditional costs—often with transparent, all-in pricing.

For example, a Sydney-based advisory firm recently transitioned 80% of its clients to a TAMP in 2025, reducing average portfolio management fees by 35% and freeing up adviser time for holistic financial planning. Meanwhile, self-directed investors are choosing TAMPs for their access to diversified portfolios and automated rebalancing, removing the guesswork and emotion from investing.

What to Consider Before Using a TAMP

While TAMPs bring efficiency and expertise, they’re not a one-size-fits-all solution. Here’s what to weigh up in 2025:

• Service Scope: Some TAMPs specialise in ESG portfolios, alternatives, or tax-optimised solutions. Match your needs to their strengths.
• Cost Transparency: Fees can range from 0.20% to 1% p.a., plus underlying investment costs. Check for hidden admin or performance fees.
• Custody and Security: Ensure the TAMP uses reputable custodians and adheres to ASIC’s latest client asset protection rules.
• Reporting and Access: Modern TAMPs provide real-time performance dashboards and detailed tax reporting, making EOFY a breeze.
• Exit Options: Understand how to transition out of a TAMP if your needs change or you want to take back portfolio control.

For instance, many TAMPs now allow ‘portability’—so if you switch advisers or platforms, you can retain your investment strategy and asset history without costly sell-downs or tax events.

Case Study: TAMPs in Action for Australian Investors

Consider Melbourne-based couple Sarah and James, both professionals with limited time but ambitious wealth goals. In 2025, they moved their $450,000 investment portfolio from a traditional wrap account to a leading Australian TAMP. The result? Their net investment fees dropped from 1.3% to 0.65%, performance reporting became digital and on-demand, and the TAMP’s quarterly tax optimisation saved them over $3,000 in capital gains last year alone. Their adviser, freed from routine portfolio admin, now focuses on retirement and estate planning strategies tailored to their goals.

Conclusion: Are TAMPs Right for You?

Turnkey Asset Management Programs are no longer just a behind-the-scenes tool for big advisory firms. In 2025, they’re a practical, cost-effective solution for Australians who want professional investment management without the complexity and high costs of legacy platforms. Whether you’re an adviser seeking efficiency or an investor chasing smarter returns, the TAMP revolution is worth a closer look.