Novia has expanded its discretionary fund manager range with the addition of stockbroker EFG Harris Allday to the platform.
Under the tie-up, the EFG Harris Allday Bespoke Portfolio Service (BPS) and the EFG Harris Allday Model Portfolio Service (HAMPS) will be available to advisers via Novia.
The model portfolio service, HAMPS, offers an actively managed, open-architecture investment solution with no minimum or maximum investment level.
The service carries a charge of 0.5% (+VAT) per annum with no dealing costs.
Meanwhile, BPS constitutes an actively-managed bespoke service which utilises ETG's research resources. Suitable for clients with investable wealth over £200,000, the service is targeted at private clients, companies, trusts, pensions, ISAs and taxable portfolios.
It levies a 0.75% (+VAT) charge per annum with no dealing commission.
"These model portfolios offer true diversification and have typically demonstrated lower volatility than appropriate industry standard benchmarks," said EFG Harris Allday director Mark Atherton.
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