Wealth management firm London & Capital is expanding into the intermediary market with the launch of its portfolio management service in the UK.
The launch is designed to help IFAs service the lucrative mass affluent market, with a service pitched between mass-market fund of funds solutions and the bespoke services enjoyed by high net worth investors. The service will be available on a variety of platforms such as Nucleus, Transact, Ascentric and Lifetime, and is described as ‘platform agnostic’, with a 0.75% annual fee for delivering the service to the chosen platform, and other fees, charges and minimum investments dependent on the platform chosen. The core of the service is a stable of five absolute return multi-manager portfol...
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