Parmenion has expanded its discretionary fund management offering on its adviser platform with the addition of investment model portfolios from PortfolioMetrix, Elston Portfolio Management and Quilter.
PortfolioMetrix is a global investment manager. Its ‘Insourcing’ proposition is now available through the Parmenion platform, offering risk-rated model portfolios which can be tailored to the advice firm and given its company branding. The models are shaped by the adviser’s investment philosophy and aligned to their preferred risk profiler.
PortfolioMetrix says it applies consistent risk measures with an asset allocation first approach, providing for ‘a coherent toolset for advisers, leading to suitable and consistent outcomes for investors and efficiency gains for the advice business’.
Elston Portfolio Management provides both its own and adviser-defined custom portfolios using research, analytics and insights from Elston Consulting which provides consultancy services to adviser firms and DFMs alike. Its portfolio ranges include the Elston Adaptive Portfolio range of 5 dynamically managed multi-asset portfolios, the Elston Retirement Portfolios that were purpose-built for decumulation and the Elston Money Market Portfolio as an alternative to platform cash. Elston Portfolio Management also manages custom ranges of portfolios developed with and for financial adviser firms.
Quilter’s WealthSelect managed portfolio service launched to the UK market in 2014 and provides access to actively managed, risk-targeted multi-asset portfolios. It has £15.2bn under management.
Advisers can now access Quilter’s WealthSelect Managed Active, Blend and Passive portfolios on the Parmenion platform. Responsible and Sustainable models may be added at a later date in response to demand.
