Wrap platform Novia has added Ashcourt Rowan Asset Management to its panel of discretionary managers.
Novia clients can choose between a range of eight actively managed model portfolios or a more bespoke approach as well as ARAM's Customised Portfolio Service which is tailored to IFA businesses.
"We are finding discretionary management is increasingly popular for advisers using Novia," said Novia senior investment analyst Scott Beasley. "Using our highly efficient model portfolio technology, we can make discretionary management easy to use and scalable for a large number of clients - high or low value."
The Managed Portfolio Service from ARAM provides clients with eight risk-aligned profiles: Adventurous, Growth, Balanced, Income, Cautious Growth, Cautious Balanced, Cautious Income and Fixed Interest.
In addition, ARAM's Customised Portfolio Service a offers more personal and flexible approach to working with IFAs, particularly in preparation for the retail distribution review (RDR).
"It seems our capability to offer a tailored solution specific to the IFA business is refreshing to many and the superb functionality of the Novia platform makes the whole process easy to implement," said ARAM director of intermediary services Paul Miles.
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