Novia launches model portfolio manager tool

clock

Novia is launching a tool enabling advisers and discretionary fund managers (DFMs) to create and manage model portfolios online.

The Novia Model Portfolio Manager tool, currently in demo phase, is designed to provide advisers and DFMs full administrative control over their model portfolios - from constructing and reconstructing models to monitoring the number of clients and assets under management. It will be rolled out to Novia DFMs from June and to advisers with discretionary permissions over the coming months. The tool, which Novia said has been built in response to "huge" adviser demand, will be linked to the platform's existing analysis tools. This will enable advisers and DFMs to research assets at the po...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Will IFA-owned platforms take over the financial advice sector?

Will IFA-owned platforms take over the financial advice sector?

PA talks to industry experts on the future of adviser-owned platforms

Sahar Nazir
clock 27 March 2024 • 9 min read
CGT support from platforms now 'adviser must have'

CGT support from platforms now 'adviser must have'

Shrinking personal allowances dragging more investors into CGT net

Jenna Brown
clock 27 March 2024 • 2 min read
Aviva named the preferred platform provider by advisers

Aviva named the preferred platform provider by advisers

Quilter remains in second place followed by AJ Bell and Transact

Isabel Baxter
clock 04 March 2024 • 1 min read