Sarasin & Partners has teamed-up with MPA Financial Management to create a model portfolio range for clients of the Midlands-based adviser.
The MPA Sarasin Tailored Portfolio Service consists of five ‘highly diversified’ model portfolios designed to meet a range of client risk profiles.
Sarasin & Partners said the MPS brings MPA halved annual management charges, elevated reporting features, and regulatory alignment with Consumer Duty.
The range also provides clients with access to Sarasin & Partners’ global thematic investment process, which seeks to generate alpha by identifying the trends that will shape the global economy.
See also: Schroders adviser survey finds big uptick in use of multi-asset funds
Christopher Cade, partner and head of UK sales at Sarasin & Partners, said: “Consumer Duty has made advisory firms focus on the value they are offering clients and the old style bespoke discretionary portfolios, with typically higher charges and average performance and service, do not stack up to scrutiny in many cases.
“Our latest Tailored Model Portfolio Service partnership with MPA Financial Management demonstrates our commitment to providing cost-effective bespoke solutions able to meet continually evolving regulatory frameworks, such as Consumer Duty.”
See also: Analysis: Do performance tools really measure up?
Phil McGovern, managing director at MPA Financial Management, added: “Finding a partner that can deliver strong performance while aligning with the latest Consumer Duty standards was our primary objective in sourcing a new service for our clients.
“Sarasin & Partners’ tailored model portfolio service offers customisation at an attractive cost, enabling us to enhance the value we deliver to our clients.”
