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Scottish wealth boutique goes mass affluent with platform deal

Scottish wealth boutique goes mass affluent with platform deal

Aubrey Capital Management, the Scottish boutique founded by former First State alumni Andrew Dalrymple (pictured) and Barry McCorkell, has expanded its reach with the launch of a cheaper platform service.

The house will distribute bespoke discretionary service on Ascentric for minimum investment of £250,000, half that of its non-platform business. 

The DFM sits alongside a model portfolio service launched last year. 

The MPS, first revealed by Wealth Managerconsists of six risk-based strategies available to clients with more than £50,000 offered on four adviser platforms: Nucleus, Ascentric, Novia and Transact.

They are also available to clients direct through Aubrey’s own discretionary platform. 

The DFM will follow the same principles as the MPS and will use a combination of high active share funds and lower cost passives. 

Aubrey investment director for private clients Chris Sutton said: 'This expansion will allow advisers to access a tailored or specific investment strategy for part or all of a client’s platform assets while retaining the benefits, reporting options and client control that Ascentric provides.

'The bespoke option will also potentially allow the use of a wider set of asset types including, for instance, UK listed shares where these are deemed by the adviser to be appropriate for the client’s strategy.'

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