Terry Huddart thinks it's fair to say that in terms of the huge range of providers, MPS is a complex market and therefore challenging for advisers to pick the right ones...
The managed portfolio service (MPS) sector really came of age during 2023. There are various reasons for this, which I'll get into. However, some highlights from The Lang Cat's latest data show, it is now the most popular investment proposition used by advisers. A total of 38% (34% last year) of firms state that they use a discretionary fund management (DFM) MPS central investment proposition (CIP) for all or most of their clients, pushing advisory models into second place for 35% (44% last year). For MPS providers represented on Analyser, buoyed by increased flows market growth, ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
