Quilter Cheviot’s managed portfolio service (MPS) has passed the £1 billion mark in assets.
The milestone comes after 7.8% asset growth in the service in this year alone. The MPS was launched in 2001, and has grown from initially offering three investment strategies to the current eight-strong range.
Commenting on the path ahead for the MPS, co-head Julian Menges (pictured) said: 'We are delighted with the growth seen this year and believe this is down to a combination of the work we do with our partners directly and via third party platforms - something that we plan to build on in the future.'
Quilter Cheviot has 13 offices across the UK, Jersey and Ireland with total funds under management of £15.8 billion.