Alliance Trust Savings will expand its platform offering in 2014 to discretionary management and model portfolio services after passing £5 billion in assets under administration.
.The platform’s focus will be on improving functionality, including providing access to discretionary fund management services as requested by its adviser users, said managing director Patrick Mill.
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Mill said: "We are building the functionality with our in-house technology and will announce when the service will become available before the end of the year."
"Our value add will be that we can be very competitive with our pricing structure and offer good value."
"Our asset growth has been strongest in percentage terms from the adviser channel which is testament to the increasing support we are receiving from advisers," he added.
At the start of 2013 ATS had just over £4 billion invested through its direct and advised propositions, meaning it has added £1 billion in less than nine months.
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By GlobalDataThe firm has reported a pre-tax operating profit of £200,000 for the first half of 2013 and assets under administration were up by 32% to £5 billion from £3.8 billion a year ago.
