Philbin's Wellian partners with IFA FiveWays for bespoke MM range

Portfolios will invest in a number of collectives

Alice Rigby
clock

Wellian Investment Solutions, Harwood Capital's multi-manager discretionary fund management business, has formed a strategic partnership with IFA FiveWays Financial Planning.

The group will build a range of bespoke portfolios for FiveWays clients, investing in a range of collective investments. One set of the portfolios is already available on the Nucleus wrap. Management of the portfolios will be led by Wellian CIO Richard Philbin (pictured)and investment director Chris Mayo. Harwood acquired Wellian in May in a bid to build its multi-manager focus, with  Philbin becoming CIO. It has around £230m of assets under administration. Meanwhile, FiveWays was formed in 2012 and currently has £140m in assets under advice, much of which is on the Standard Life a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

The banks are back: What does this mean for advisers?

The banks are back: What does this mean for advisers?

Banks ‘uniquely positioned’ to provide advice to mass market

Sophia Panayi
clock 24 August 2026 • 6 min read
Social media investment advice leaves investors out of pocket - research

Social media investment advice leaves investors out of pocket - research

Over half who acted on social media financial advice regretted it

Isabel Baxter
clock 21 August 2026 • 3 min read
New sexual harassment duty: Can adviser firms show they've taken 'all reasonable steps'?

New sexual harassment duty: Can adviser firms show they've taken 'all reasonable steps'?

'Employers will be expected to take all reasonable steps'

Emily Bradshaw
clock 19 August 2026 • 4 min read