Novia launches wrap platform

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Novia Financial has successfully launched its new wrap platform service. Led by Selestia co-founder Bill Vasilieff, it offers an independent service catering for advisers dealing in the high net worth and mass affluent markets.

It will initially be made available to a limited number of IFAs before being opened up to the whole market in November. Novia has worked closely with InfoComp to bring together a service offering access to multiple product wrappers, including SIPPs, a general investment account, an offshore bond and Cash and Stocks and Shares ISAs. Furthermore, each wrapper has an integral cash facility and there is also the ability for off platform holdings to be recorded. The service boasts a transparent, unbundled charging structure and TCF centre, which will be provided at no additional cost, to f...

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