The On-Line Partnership Group, which owns the IN Partnership and Whitechurch networks, has signed a strategic partnership with London & Capital (L&C), making the discretionary's range of managed portfolios available to its 500 advisers.
The group's advisers will have access to L&C's ten actively managed and risk-graded growth portfolios, along with three income portfolios each priced, L&C said, at 25 basis points.
The On-Line Partnership Group acquired the Whitechurch Network in May last year which, when added to its IN Partnership business, created a group of more than 500 IFAs and mortgage advisers.
Mark Pittaccio, group investment director at The On-Line Partnership, said: "This agreement further extends the range of options available to our members, and gives them access to a further DFM proposition and a further choice in the way that their clients' money can be managed.
"The Retail Distribution Review has been the catalyst for a number of important changes in our industry, the trend to outsource investment management amongst the most significant."
L&C co-founder and head of adviser solutions, Richard Leigh, added: "IN Partnership is one of the biggest names in the adviser market, and is precisely the type and quality of business we want to be working with."
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