Parmenion has expanded the discretionary fund management offering on its adviser platform with the addition of model portfolios from three firms.
Offerings from PortfolioMetrix, Elston Portfolio Management and Quilter are now available.
Portfoliometrix’s ‘insourcing’ proposition has been added, featuring risk-rated model portfolios which can be tailored to the advice firm and given its company branding.
The Elston Portfolio Management ranges added include the Elston Adaptive Portfolio range of five dynamically managed multi-asset portfolios, the Elston Retirement Portfolios that were purpose-built for decumulation, and the Elston Money Market Portfolio as an alternative to platform cash.
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Quilter’s Wealthselect managed portfolio service (MPS) featuring a range of risk-targeted multi-asset portfolios also arrives on the platform. It is one of the largest MPS in the market, with £15.2bn under management.
Parmenion now has more than 35 third party MPS providers available via its investment platform and will add additional DFMs, subject to adviser demand.
Parmenion chief commercial officer Mike Morrow said: “We have added several top-quality investment products to our platform over the last 12 months, and we think this move to make these highly sort after portfolios available via Parmenion will be welcomed by our adviser clients.
“We have been impressed with these firms’ approach to risk management and their use of technology to deliver well-calibrated model portfolios.”
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