Wrap platform Nucleus has agreed a deal to allow financial advisers on its platform to access the discretionary offering of PortfolioMetrix.
Financial advisers will be able to provide customised investment solutions to all of their clients in a “scalable, repeatable and time-efficient manner”, Nucleus said in a statement.
Details
PortfolioMetrix launched its “mass customisation” of portfolios over a decade ago.
Through Nucleus, this investment approach can be tailored to each client, regardless of the size of their assets.
The PortfolioMetrix portfolio construction function is backed up by a suite of risk profiling, cashflow modelling and reporting tools, all stored in its WealthExplorer system.
Limitations
Ben Peele, managing director of PortfolioMetrix UK, said: “We recognise that model portfolios are a popular option for some advisers, but they do have limitations.
“That is why we developed a way for advisers to customise every portfolio to exactly match their client needs.”
Barry Neilson, Nucleus chief customer officer, said: “The customised proposition offered by PortfolioMetrix is designed to meet the needs of investors and advisers alike.
“As the technology required to run such a service is highly sophisticated, not all platforms are up to the job, so I’m delighted that Nucleus has developed the capability to offer this to our adviser community.”
