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.

Wellian launches 'hybrid' model portfolio service

Wellian launches 'hybrid' model portfolio service

Wellian Investment Solutions is rolling out a hybrid model porftolio service.

The service, which enables advisers to support clients whose requirements cannot be catered for within a standard model portfolio, operates in a similar way to a model portfolio but is also able to incorporate a wide range of alternative investment classes including ethical and legacy holdings.

Wellian is also including a loan facility within the service, allowing investors to raise cash without having to sell stock.

Chris Mayo (pictured), investment director of the Kent based DFM, which was voted best in class in the South and East at Wealth Manager's annual awards ceremony, explained: ‘The launch of the ‘Model Plus’ is all part of our ongoing mission to present the adviser with the ultimate in quality, flexibility and choice.

'We find that the majority of clients will be serviced with a standard model portfolio, however our recent conversations with advisers have brought to our attention that there are still a small but growing number of investors requiring more of a hybrid solution.’

Indeed, according to the firm, while 80% of clients are suited to model portfolios, the additional 20% are not always best suited to bespoke options which are typically suited to high net worth or ultra high net worth clients rather than the average investor.

'As it is our continued aim to cater for every possible requirement, however small, we have spent a lot of time and effort in developing ‘Model Plus’ to bring advisers yet another option for servicing their clients with less than conventional needs so they can extend their offering to a whole new pool of investors,' Mayo added.

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 CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

Do not miss the first two minutes of this film as Richard Buxton shares how he has been challenged by a client for owning shares in a certain company.

Play CEO Tapes: the huge opportunities for asset managers

CEO Tapes: the huge opportunities for asset managers

From tech disruption, retirement and poaching, the CEO discuss the opportunities for their businesses in this episode.

Play CEO Tapes: 'we're just a bunch of white dudes sitting here'

CEO Tapes: 'we're just a bunch of white dudes sitting here'

In our brand new series, eight CEOs discuss how the industry could do a better job for female fund managers.

Read More
Your Business: Cover Star Club

Profile: how career burnout led to a family office launch

Profile: how career burnout led to a family office launch

I was burnt-out from a career in finance and had no desire to come back, says the founder of Blu Family Office

Wealth Manager on Twitter