Charles Stanley has partnered with Standard Life to offer its full range of model portfolios on Standard Life’s wrap platform.

Under the partnership, Charles Stanley’s collective portfolio service (CPS) models and PAN asset range of passively invested portfolios will be available for adviosrs on the platform.

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Through this service, advisors will be able to mix and match the wealth manager’s range of portfolios with other model portfolio providers, as well as making payments and withdrawals.

The CPS and PanASSET range will follow a dynamic asset allocation process to make portfolios meet stated risk profiles.

Christopher Aldous, managing director of Pan Asset portfolios at Charles Stanley, said: "It incorporates some exciting technical developments to enhance the experience of both advisers and their underlying clients and the moderate charges, together with our low model portfolio fees, will be easy on the client’s pocket."

Gerard Sweeting CPS co-head Charles Stanley said: "This agreement with Standard Life will place our Collectives offerings to the forefront of the adviser decision-making process."

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David Tiller, head of adviser platforms at Standard Life, said: "Opening up the Standard Life wrap platform is a ground-breaking move for us and offers an even better choice of investment solutions for advisers. It is an exciting time for our platform and we welcome Charles Stanley aboard."