Montage launches discretionary service for advisers

Montage launches discretionary service for advisers

Montage Portfolio Management has launched a range of 11 risk-rated discretionary portfolios for use by financial advisers.

The portfolios will be available for a fee of 0.3 per cent plus VAT, with the ongoing charge figure for the underlying funds varying between 0.3 per cent and 0.84 per cent, depending on the portfolio.

The firm said its outsourcing service included its own risk profiling process to match clients to a given portfolio, which is then managed in a “risk controlled” way.

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Montage, which launched a year ago, said it aimed to “make the portfolios available across a range of popular platforms, so advisers can continue to use the platform of their choice”.

The portfolios had previously only been available to clients using the Montage Wealth Management service.