Discretionary Management  

Standard Life adds DFM to platform 

Standard Life adds DFM to platform 

Smith & Williamson's managed portfolio service is the latest addition to the Standard Life platform.

The discretionary fund manager gives investors a choice of a six risk-rated model portfolios, which are actively managed and include exchange traded funds (ETFs), as well as open and closed-ended investment vehicles.

The move means Smith & Williamson’s service is now available to financial advisers through five platform providers, including Ascentric, Novia, Transact and Verbatim.

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Mickey Morrissey, head of distribution at Smith & Williamson, said the firm is committed to working with partners to help grow the business. 

“Given the complexities and time required to run an investment portfolio, outsourcing to a managed portfolio service is an attractive option for many advisory firms.”