Quilter’s WealthSelect Managed Portfolio Service has been added to the Transact platform.
WealthSelect was first added to third-party adviser platforms in early 2024 and this latest development means advisers can choose the MPS on six of them, as well as on Quilter’s own investment platform.
Quilter said the expansion reinforces its commitment “to providing advisers with greater flexibility and the choice to meet diverse client needs.”
Since its inception in 2014, WealthSelect has grown to £23.3 billion in assets under management and a suite of 56 portfolios offering different risk options.
Stuart Clark, portfolio manager of Quilter’s WealthSelect MPS, said: “For over a decade WealthSelect has grown to become a crucial part of advisers’ toolkits. We have always looked to ensure advisers have the choice and flexibility in their investment process to deliver strong outcomes for their clients.
“We are proud of the scale and reach WealthSelect has achieved to date, particularly following its addition to third party platforms last year. Adding WealthSelect to a popular adviser platform such as Transact expands the availability of the portfolios and ensures advisers have the solutions available to them in the ways that they require.”
Tom Dunbar, CEO of Transact, added: “Our strategy is to offer advisers the widest choice of MPS providers on the Transact platform and we are delighted to now offer the Quilter Wealth Select Managed Portfolio Service. It is fantastic that the MPS is available across all of our wrappers including our in-house offshore and onshore bond.”
Main image: luke-chesser-pJadQetzTkI-unsplash
