Brooks Macdonald lists risk-rated funds on Elevate
Brooks Macdonald has signed a deal with Axa Wealth to list its risk-rated model portfolios on the Elevate platform.
Brooks Macdonald’s Managed Portfolio Service consists of five risk-rated portfolios investing in unit trusts, investment trusts, exchange traded funds and cash.
David Thompson, managing director of marketing and distribution at Axa Wealth, said: “2012 is undoubtedly going to be a year that alters the adviser landscape and changes the way many advisers conduct their business with the implementation of RDR.
“We have an RDR-ready proposition and partnerships like the one with Brooks Macdonald ensures that Axa Wealth is able to offers advisers expertise and a broad investment choice.”
This follows Elevate’s deal with Whitechurch Securities in December to list five discretionary portfolios.