AZ Sestante
AZ Sestante is an Australian investment consultant and subsidiary of Azimut Group that designs and manages multi-manager model portfolios (SMAs, MDAs, fund of funds), distributing them via HUB24, Mason Stevens, Netwealth, North, CFS FirstChoice, and CFS Edge to financial advisers and their superannuation and pension clients.
- Company typePrivate
- Founded2017
- HeadquartersSydney, Australia
- Headcount1–10
- GTM typeB2B
- OfferingServices
What AZ Sestante does
AZ Sestante is an Australian specialist investment consultant that designs and manages multi-manager model portfolios delivered through Separately Managed Accounts (SMAs), Managed Discretionary Accounts (MDAs), and fund-of-funds structures. The firm's investment philosophy centers on dynamic asset allocation, blending actively managed and passive strategies across global asset classes; portfolio construction is overseen by an investment committee and a dedicated multi-manager team anchored by senior personnel from parent Azimut Group based in Singapore and Luxembourg. The product lineup comprises Sestante Dynamic Portfolios, Sestante Index Portfolios, Sestante Dynamic Star Portfolios (CFS Edge exclusive), CFS-branded Dynamic/Index portfolios and wholesale funds, the Azimut Investments High Conviction Global Equities SMA, and the Sestante Invest digital channel (administered via OpenInvest).
The business operates on a B2B2C go-to-market: AZ Sestante distributes its managed-account solutions through six Australian wealth platforms — HUB24, Mason Stevens, Netwealth, North (Lonsec), CFS FirstChoice, and CFS Edge — which then offer the portfolios to financial advisers and their end-clients (superannuation and pension investors). Revenue is generated through recurring management fees on these managed accounts and wholesale funds. Differentiators cited by the firm include proprietary multi-manager construction methodology, analyst endorsements (SQM 4.25-star; Lonsec Recommended 2025 and 2026 on the Global Equities SMA), and backing by Azimut Group, Italy's largest independent asset manager, which manages over AU$187 billion globally and over AU$2.7 billion in Australian multi-manager solutions.
AZ Sestante is a private, wholly-owned subsidiary of Azimut Group (Borsa Italiana-listed) and operates as the group's Australian distribution and portfolio-management entity. Founded in 2016-2017, headquartered at Level 10, 88 Phillip Street, Sydney, with a headcount of 1-10, the firm is operationally small relative to its parent footprint and is geographically restricted to Australian residents per its terms and conditions. Compliance is held via ABN 94 106 888 662 / AFSL 284442.
AZ Sestante firmographics
Firmographics- Name
- AZ Sestante
- Legal name
- AZ Sestante Ltd
- Website
- https://azsestante.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- AZ Sestante is an Australian investment consultant and subsidiary of Azimut Group that designs and manages multi-manager model portfolios (SMAs, MDAs, fund of funds), distributing them via HUB24, Mason Stevens, Netwealth, North, CFS FirstChoice, and CFS Edge to financial advisers and their superannuation and pension clients.
- Ownership category
- akta.pro rank
AZ Sestante industry classification
Industry- Product category
- Multi-Manager Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Managed Platforms & Wrap Programs for Private Clients (Model Portfolios, UMA/SMAs) (FSAAABAM)
- akta.pro secondary industries
- Managed Accounts & Model Portfolios (SMA/UMA) (FSAAAAAG), Managed Accounts & Unified Managed Accounts (UMAs) — Multi-Asset (FSAAAJAE), Managed Account / SMA Multi-Manager Platforms (FSANAGAL), Discretionary Portfolio Management (Retail) (FSAAAAAH)
Keywords
Where AZ Sestante is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices3 records
Markets served
AZ Sestante business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain, Others
Revenue model
- Management Fees on Managed Accounts: AZ Sestante generates revenue through fees charged on its managed accounts and model portfolios. The company designs multi-manager model portfolios via SMAs (Separately Managed Accounts), MDAs (Managed Discretionary Accounts), and fund of funds structures.
- Fund Management Fees: Revenue is generated through wholesale funds distributed on platforms such as CFS FirstChoice, including the CFS AZ Sestante Wholesale Conservative, Diversified, and Growth Funds.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Sestante Dynamic Star Portfolios - Minimum Investment |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels4 records
AZ Sestante product offering
Product offeringCore offering
AZ Sestante designs and manages multi-manager model portfolios delivered through Separately Managed Accounts (SMAs), Managed Discretionary Accounts (MDAs), and fund of funds structures. Portfolios blend active and passive strategies with dynamic asset allocation, distributed to end clients via Australian financial advisers and wealth platforms such as HUB24, Mason Stevens, Netwealth, North, CFS FirstChoice, and CFS Edge.
Product overview
AZ Sestante is a specialist investment consultant that designs and manages multi-manager model portfolios via SMAs (Separately Managed Accounts), MDAs (Managed Discretionary Accounts), and fund of funds. The company operates several distinct product lines: (1) Sestante Dynamic Portfolios - actively/passively blended multi-asset managed accounts; (2) Sestante Dynamic Star Portfolios - available exclusively via CFS Edge; (3) Sestante Index Portfolios - passively managed cost-efficient options; (4) CFS-branded products on Colonial First State platforms (Dynamic Portfolios, Index Portfolios, and Wholesale Funds); (5) Azimut Investments High Conviction Global Equities SMA; and (6) Sestante Invest digital platform. The flagship Dynamic and Index portfolios have received a 4.25-star Superior Rating from SQM Research. The parent company Azimut is Italy's largest independent asset manager listed on the Italian stock exchange.
Differentiator
Problem solved
Functional benefit
Brands
- Sestante Invest: Digital investing solution launched in 2022
- Azimut Investments
Products and services
- Sestante Dynamic Portfolios Multi-asset managed accounts that blend active and passive strategies with dynamic asset allocation, offered across Conservative, Moderately Conservative, Balanced, Assertive, and Aggressive risk profiles; available to financial advisers via Australian wealth platforms.
- Sestante Dynamic Star Portfolios Multi-asset managed accounts exclusive to the CFS Edge Platform under the Accelerate Series, offering Conservative, Moderate, Balanced, Assertive, and Aggressive risk profiles with a $5,000 minimum investment.
- Sestante Index Portfolios Multi-asset managed accounts that blend passive strategies to deliver well-diversified, cost-efficient portfolios, offered across Conservative, Moderately Conservative, Balanced, Assertive, and Aggressive risk profiles.
- CFS Sestante Dynamic Portfolios White-labelled AZ Sestante Dynamic Portfolios distributed through the CFS FirstChoice platform, offered in Super and Pension variants with Conservative, Moderate, Diversified, Balanced, Assertive, and Aggressive options.
- CFS AZ Sestante Index Index-based multi-asset managed accounts offered through the CFS FirstChoice platform in both Super and Pension variants with multiple risk profiles.
- CFS AZ Sestante Wholesale Funds Wholesale multi-manager funds including Conservative, Diversified, and Growth options distributed on the CFS FirstChoice platform in Investment, Super, and Pension share classes.
- Azimut Investments High Conviction Global Equities SMA Separately Managed Account offering a high conviction global equities strategy, available on HUB24 and Mason Stevens platforms and recognised by Lonsec Research with a Recommended rating in 2025 and 2026.
- Sestante Invest Digital investing solution administered by OpenInvest Limited via the OpenInvest Portfolio Service ARSN 628 156 052, providing clients with technology-enabled access to AZ Sestante managed portfolios.
Companies that use AZ Sestante
Customer profileSegments2 records
Ideal customer profiles2 records
AZ Sestante technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature3 records
AZ Sestante partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor and core.
- NetwealthminorNetwealth is an Australian wealth management platform that has added Sestante Portfolios to their platform offering in 2026, expanding distribution reach for AZ Sestante products.
- North PlatformminorThe North platform (by Lonsec) began offering Sestante Dynamic Portfolios in March 2025, providing another distribution channel for AZ Sestante managed accounts.
- EvergreenminorAZ Sestante partnered with Evergreen to launch ESG Focus portfolios in 2022, expanding the product range into sustainable investing.
- HUB24coreHUB24 is a key platform partner for AZ Sestante, offering Dynamic and Index Portfolios on their platform with regular reporting and flash reports published.
- Mason StevenscoreMason Stevens platform distributes the Azimut Investments High Conviction Global Equities SMA, one of the flagship products with Lonsec Recommended rating.
- CFS FirstChoicecoreCommonwealth Financial Group's CFS FirstChoice platform offers CFS Sestante Dynamic and Index portfolios, including wholesale funds, as part of their managed account solutions.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
AZ Sestante competitors and assessment
Company assessmentEmerging players
- Morningstar Australia: Global investment-research firm with Australian operations offering managed-portfolio research, screening, and consulting tools to advisers and platforms — an emerging competitor in the model-portfolio research layer where AZ Sestante operates.
Direct peers
- Zenith Investment Partners: Australian research and consulting firm producing model portfolios and managed-account research for advisers — a like-for-like competitor to AZ Sestante's SMA/MDA/fund-of-funds consulting model.
- DMP Asset Solutions: Australian investment-research and consulting firm providing multi-manager model portfolios and managed-account research to advisers and platforms — directly comparable to AZ Sestante's core SMAs/MDAs/fund-of-funds business.
- Lonsec: Australian investment research and ratings firm that also operates the North platform — one of the channels through which Sestante Dynamic Portfolios are distributed. It runs model portfolios and managed-account research that compete head-on with AZ Sestante's investment committee output.
- Mercer Australia: Global investment consulting powerhouse with deep Australian operations providing multi-manager research and managed-account solutions — competing for the same adviser and super-fund mandates as AZ Sestante.
- JANA Investment Advisers: Specialist Australian investment consulting firm offering bespoke and model-portfolio advice to super funds, endowments and wealth platforms — overlapping directly with AZ Sestante's multi-manager consulting mandate.
- Russell Investments Australia: Global multi-manager and consulting firm with a substantial Australian presence, providing multi-asset model portfolios and multi-manager solutions across super and wealth — closely analogous to AZ Sestante's multi-manager model.
Broad incumbents
- Perpetual Asset Management: Long-established Australian asset manager offering multi-asset funds and managed-account solutions distributed through adviser channels — a much larger incumbent overlapping with AZ Sestante's product set.
- Insignia Financial (IOOF / MLC): Major Australian wealth platform with in-house multi-manager research, model portfolios, and platform distribution (e.g., MLC) — overlaps with AZ Sestante across both research and product distribution.
- AMP Investments / AMP Capital: One of Australia's largest wealth groups, offering multi-manager and managed-account solutions through North and other platforms — a broad incumbent competing across the same adviser and retail channels as AZ Sestante.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
AZ Sestante social profiles
Digital presenceAZ Sestante financial estimates
Financial estimateRevenue estimate
Valuation estimate
AZ Sestante leadership team
Management profileNumber of profiles
Profiles9 records
AZ Sestante funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AZ Sestante M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AZ Sestante
What does AZ Sestante do?
AZ Sestante designs and manages multi-manager model portfolios delivered through Separately Managed Accounts (SMAs), Managed Discretionary Accounts (MDAs), and fund of funds structures. Portfolios blend active and passive strategies with dynamic asset allocation, distributed to end clients via Australian financial advisers and wealth platforms such as HUB24, Mason Stevens, Netwealth, North, CFS FirstChoice, and CFS Edge.
Is AZ Sestante a public or private company?
AZ Sestante is a private company. It is classified as corporate owned and is currently operating.
When was AZ Sestante founded?
AZ Sestante was founded in 2017. It employs 1 to 10 people.
Where is AZ Sestante based?
AZ Sestante is headquartered in Sydney, Australia, in the Oceania region.
How does AZ Sestante make money?
Two revenue lines are on record. Management Fees on Managed Accounts are the primary driver. The others are fund Management Fees.
Who are AZ Sestante's main competitors?
Morningstar Australia is listed as an emerging player. Direct peers are Zenith Investment Partners, DMP Asset Solutions, Lonsec, Mercer Australia, JANA Investment Advisers and Russell Investments Australia. Broad incumbents are Perpetual Asset Management, Insignia Financial (IOOF / MLC) and AMP Investments / AMP Capital.
Does AZ Sestante have an API?
No public API is recorded for AZ Sestante.
What industry is AZ Sestante in?
AZ Sestante's product category is Multi-Manager Investment Management. Its primary akta.pro industry code is FSAAABAM, Managed Platforms & Wrap Programs for Private Clients (Model Portfolios, UMA/SMAs), with a secondary code of FSAAAAAG, Managed Accounts & Model Portfolios (SMA/UMA). Its NAICS code is 523940 and its SIC code is 6282.