Smith & Williamson has announced that its managed portfolio service (MPS) has been added to the 7IM Platform.
Smith & Williamson’s MPS – which has £241m* of assets under management - gives investors a choice of a six Distribution Technology risk-rated models and is 5-star Defaqto rated**. The models are actively managed and built using a range of investment tools including open-ended funds, investment companies and exchange traded funds (ETFs).
7IM adds to several other external platform providers, including Ascentric, Novia, Standard Life and Transact, which Smith & Williamson’s models are already available on.
Mickey Morrissey, head of distribution at Smith & Williamson commented: “We are delighted that 7IM is making our managed portfolio service available to advisers through its platform. 7IM has a good reputation amongst intermediaries and a number of our clients have asked for our models to be added to its platform.”
Verona Smith, Head of Intermediary, 7IM said: “7IM currently makes 31 external discretionary fund managers (DFMs) available on the 7IM Platform, adding Smith & Williamson widens our offering. We added Smith & Williamson due to the adviser demand we have received.”
*As at 30 June 2018
**The Smith & Williamson managed portfolio service has been awarded a 5-star Defaqto rating in 2014, 2015, 2016 and 2017.
By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. This briefing does not constitute advice nor a recommendation relating to the acquisition or disposal of investments. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of writing.
Notes to editors
Smith & Williamson is a leading financial and professional services firm providing a comprehensive range of investment management, tax, financial advisory and accountancy services to private clients and their business interests. The firm’s c1,800 people operate from a network of 11 offices: London, Belfast, Birmingham, Bristol, Dublin (City and Sandyford), Glasgow, Guildford, Jersey, Salisbury and Southampton. Smith & Williamson is part of The Tilney Smith & Williamson Group.
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Smith & Williamson Investment Management LLP.
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