SimplyBiz’s discretionary fund management (DFM) service Verbatim Asset Management has become the latest DFM to be offered through Suffolk Life’s single investment manager Sipp.
Suffolk Life’s SimSipp was launched in 2011 and aimed at DFMs with advice arms and advisers who only want to use one DFM.
Verbatim is the 14th DFM to link with SimSipp.
Through Verbatim advisers will have access to investment managers including James Hambro & Partners, Smith & Williamson, TCF and Henderson Rowe.
Neil Stevens (pictured), joint managing director of SimplyBiz and managing director of Verbatim Asset Management, said: ‘As more adviser firms hire our investment teams to run their discretionary portfolios we felt it was essential to partner with a leading provider for Sipps.