Novia will be partnering with Iboss to provide supporting firms with access to its white-labelled investment and client review service.
Iboss’ portfolio management service, now available on Novia, undertakes the client’s investment reviews on behalf of the advisers, helping to lift the administration burden on advisers.
The service has over £500m in assets under management and the firm’s managing director Chris Metcalfe said that following an extensive due diligence process, they selected Novia as an additional platform.
“Novia’s offering ticked all the boxes, they offer an extensive fund range, the technology complements our requirements and there is huge synergy between the two companies.”
Paul Boston, sales director at Novia, said that the service “enables advisers to not only access a strong performance track record but also incorporates an invaluable client review service taking the strain of the ongoing client investment reviews”.
Advisers will able to access the investment proposition from November.
peter.walker@ft.com
