Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Bellpenny teams up with Charles Stanley for MPS access

Bellpenny teams up with Charles Stanley for MPS access

Bellpenny's advisers can now access a suite of low-cost model portfolios through a partnership with Charles Stanley.

The portfolios are run by Charles Stanley Pan Asset and are based on the firm's one to six risk-rated range, which has been risk profiled by Distribution Technology and has total costs of around 0.45% per year.

Dominic Rose (pictured), Bellpenny’s acquisitions and sales director, said in a statement: 'This allows us to deliver incredibly low investment costs, which we believe is an essential ingredient in maximising long-term returns.'
 
Christopher Aldous, managing director of Charles Stanley Pan Asset, added: 'The models have been tailored to be compatible with Bellpenny’s preferred investment platforms and have been risk rated by Distribution Technology to ensure they fit with the financial planning team’s client risk profiling approach.'

Bellpenny, which is supported by global investment management firm Oaktree Capital, has been boosting its proposition, with the recent acquisition of the Glasgow-based wealth manager MGW, which brought £141 million in assets, and financial planning firm The Country Partnership from Cheltenham. The latter, which had almost £200 million in assets was Bellpenny's biggest single transaction to date.

The firm had £1.3 billion in funds under management in October 2013, just over a year after launching.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
CIO Tapes 2: two warnings and a lot of optimism

CIO Tapes 2: two warnings and a lot of optimism

Our group of leading asset management CIOs see a lot of opportunities – and overseas investors are buying UK too

Play Wealth Manager Retreat 2017: size isn't everything

Wealth Manager Retreat 2017: size isn't everything

We asked our delegates at the Wealth Manager Retreat what they think about the recent wave of consolidation in the industry.

1 Comment Play CIO Tapes - part 3: 'passive funds are anti-capitalist'

CIO Tapes - part 3: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

Read More
Your Business: Cover Star Club

Profile: Thomas Miller explains its post-restructure plans

Profile: Thomas Miller explains its post-restructure plans

Thomas Miller Investment’s (TMI) head of wealth Matt Phillips has strong opinions about many things

Wealth Manager on Twitter