Quilter will launch a multi-asset income range later this year and has hired Janus Henderson's Helen Bradshaw to run it.
The range, which is being launched by Quilter's multi-asset investment management arm, Quilter Investors, is expected to be launched in the summer, starting with two risk-targeted portfolios.
The portfolios will invest in a range of vehicles, including investments in external fund managers, derivatives, direct investment in equities and fixed income, alternatives and investment trusts.
Dean Bowden, chief commercial officer at Quilter Investors, said: "We’re really excited to announce the forthcoming launch of our new income range and we look forward to sharing more details over the coming months.
"Helen joins us with an excellent track record in multi-asset income and has extensive experience managing income solutions for advised customers.
"Quilter Investors has a strong pedigree in building compelling multi-asset portfolio solutions and is one of the fastest growing providers in the UK.
"Thanks to our position as part of the Quilter, we believe we are in a fantastic position to design and build an attractive income solution tailored around the needs of advised clients."
Ms Bradshaw has been a multi-asset fund manager at Janus Henderson for more than eight years and has worked in investment management for more than 15 years.
She said: "I’m really excited to be joining this fast-growing, ambitious business. There is already a wide range of expertise across the investment desk, and by bringing my own knowledge and experience to the group I believe we have a fantastic opportunity ahead of us as Quilter Investors expands into multi-asset income.
"In an environment where global central banks are tightening money supply and raising rates, the search for income is set to shift materially and I’m excited about the opportunity to deploy a diverse and sophisticated investment toolkit at Quilter Investors."
More details on the design and specifications of the portfolios, including their aims and objectives, IA sector classifications, name and branding will be announced later in the year.
But Quilter has said they will be available through other third party platforms as well as its own.