Wealth management firm Montage has launched 11 risk-rated discretionary portfolios for financial advisers.
The model portfolios will comprise a blend of passive as well as active funds.
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The firm introduced its discretionary management service in 2014 and built the model portfolios, and now is making them available to the wider market.
The portfolios was earlier only available to clients using the Montage Wealth Management service.
Montage Portfolio Management managing director Peter Montague said: "We set up Montage Portfolio Management a year ago because we felt the existing centralised investment proposition marketplace did not meet the needs of our clients," says Peter Montague, managing director of Montage Portfolio Management.
"Advisers can assess their client’s risk profile using our risk profiling process, and then leave us to manage the portfolios in line with our risk controlled process. The 11 portfolios, which to date have only been available to our clients under the Montage Wealth Management brand, have had strong performance since launch on 01 June 2014."
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By GlobalDataThe portfolios are currently available on 7IM, and the firm intends to make them available on other platforms as well.
They will be available for a charge of 0.3% plus VAT for the service, with total costs ranging between 0.3% and 0.84%.
