Novia has joined forces with Close Asset Management to offer a discretionary fund management capability for adviser firms wishing to benefit from both companies.
Advisers looking to outsource their investment management to a specialist third party discretionary fund manager can now also have the benefit of trading across various investment classes that Novia's platform technology provides.
Bill Vasilieff, Novia CEO, says he is delighted with the partnership: "In recent years we have seen a growing demand from advisers for good quality partnerships between administration platforms and DMs and we see this as being a powerful segment of the market in future."
Paul Clements, managing director, investments of Close Asset Management adds: "We're very happy to link up with the quality solution that Novia have developed.
"Whilst we have expertise in providing the best investment solutions built up over many years we still pride ourselves in delivering innovation.
"Novia's wrap continues to push innovation into the hands of advisers and if the changing market shows clear efficiencies in outsourcing investment management then we are in great place to help them."
Advisers who wish to discuss the opportunity to work with the Novia and Close Asset Management partnership should contact their local Novia regional sales manager - details can be found on www.novia-financial.co.uk or Close Asset Management on www.closeam.com
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