Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration 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
Play Boutique tapes: my business will never be sold

Boutique tapes: my business will never be sold

In the final part of our four part series we discuss consolidation and whether it's getting tougher for boutiques to survive.

Play Boutique tapes: are top managers better off at small firms?

Boutique tapes: are top managers better off at small firms?

In episode three of our series, boutique bosses discuss whether the best fund managers are more likely to thrive at smaller firms.

Play Boutique tapes: if you want a Ferrari, you have to pay for it

Boutique tapes: if you want a Ferrari, you have to pay for it

In the second part of our four-part series, boutique bosses are asked how they can justify the fees charged by active managers.

Read More
Your Business: Cover Star Club

Profile: how this boutique beat the big guns of wealth

Profile: how this boutique beat the big guns of wealth

This small west country offshoot of a local IFA scooped a 2018 Citywire award from beneath the noses of the national challengers

Wealth Manager on Twitter