For a number of years now we have run a panel of best of breed Managed Portfolio Services (MPS) propositions. Each month we monitor how they are performing and how much we are recommending them. We are also trying to find sweet spots between low medium and high risk and also the way they are structured.
From the outset, Brewin Dolphin have been our most popular range of portfolios and we currently have £30 M invested in their range of 5 risk rated portfolios.
New Model Adviser, which is probably the industry leading magazine in financial services has just published a report on the growth of MPS portfolios in the last 5 years. They have researched ten of the most popular and I am pleased to say that Brewin Dolphin perform incredibly well in their analysis.
They are the top performing MPS for Cautious, Balanced and Growth over 3 and 5 years which is testament to their risk management and research capability. According to the report their charges are one of the lowest as well which added to the outperformance makes a very compelling story.
Added to this they will be reducing their charges on the portfolios by around 20% in March and April and when we have assets of £35M with them all our clients will benefit from an extra discount on charges.
This also reflects well on the research and due diligence that the Investment Committee at MPA do to make sure we find and recommend the best solutions we can find for our clients’ investments. You can buy the Brewin Dolphin MPS via platforms such as Standard Life, Novia and Transact and their portfolios are Cautious, Income, Balanced, Growth and Global Equity. They range on our risk profile from 3 (Cautious) to 7 (Global Equity).
If you require further information on the portfolios or the selection process we go through please contact your adviser or me on email@example.com
Phil J McGovern FPFS