Initially available on the Ascentric wrap, the portfolios aim to provide intermediaries with an RDR-ready, outsourced investment solution.
The portflios invest in a combination of active and passive funds, accessing nine asset classes including short maturity bonds, alternatives, property and commodities.
Minimum investment amount is £25,000 and the portfolio charge is 40bps plus VAT. The Ascentric platform charge is 25bps.
Barclays is currently holding talks with other platforms with a view to a wider roll-out of the proposition.
The five risk profiles have corresponding levels of volatility, allowing intermediaries to select the model portfolio most appropriate for a client in terms of risk profile and investment objective, said Barclays.
A profile 3 ‘moderate risk' portfolio has a one-third exposure to developed market equities, with roughly 10% invested in short maturity bonds and 10% in government bonds. The remainder is split across the other six asset classes.
Barclays director Bryan Parkinson said: "The launch of our enhanced discretionary service is a further step in our ongoing commitment to provide intermediaries with a range of RDR ready investment solutions."
Barclays' latest proposition follows launch its Global Markets range which offers a fund of fund structure investing exclusively in passive strategies.
With the vast bulk of client money now going on to platforms, who really benefits? The client, the adviser or just the platform provider?