AJ BellAug 9 2021

AJ Bell adds Tatton to DFMs

Search sponsored by
AJ Bell adds Tatton to DFMs
BySally Hickey

AJ Bell Investcentre has added Tatton to its panel of discretionary fund managers.

The firm was added in response to “significant demand” from financial advisers, according to AJ Bell. 

Tatton joins 8AM Global, Brewin Dolphin, Brooks MacDonald, Charles Stanley, FE FundInfo, LGT Vestra and Waverton on the third-party service, which sits alongside AJ Bell’s in-house MPS option.

The Tatton managed portfolio ranges that will be added to AJ Bell Investcentre are the managed, tracker, core and ethical funds.

Each range offers six levels and has an annual management charge of 0.15 per cent.

AJ Bell’s third-party MPS is available via AJ Bell Investcentre’s retirement investment account, Sipp, Isa and general investment account. There is no explicit fee for the service on top of AJ Bell’s existing platform charge as well as that levied by the external DFM.

Paul Hogarth, chief executive at Tatton Asset Management, said: “I’m delighted to be partnering with AJ Bell to further extend access to Tatton’s model portfolios. We entered this market eight years ago with a clear goal of driving down the cost of investing, delivering investment excellence, backing financial advisers and being available on as many adviser-led platforms as possible.

“AJ Bell is a strong partner for Tatton and we are thrilled to be meeting adviser demand on its platform.  It’s great to see the market for outsourced investment solutions thriving and supporting advisers in what they do best – focussing on delivering superior client outcomes through market leading solutions.”

Andy Bell, chief executive of AJ Bell, said: “I have known Paul through business and socially for many years and I have the utmost respect for what he has achieved in our industry. I am delighted that we can join forces with Tatton whose ethos and culture is absolutely aligned with ours.”

In March the platform launched a responsible MPS for clients who want to avoid controversial industries and companies with low ESG rankings.

According to AJ Bell, the responsible MPS follows the same structure as its passive and active MPS options, with six risk-managed portfolios matching six risk profiles.

All the portfolios are multi-asset using cash, bonds, equities, and alternatives. 

The MPS has an investment management fee of 0.15 per cent with no VAT.