The London-based wealth manager plans to further the reach of its newly-branded managed portfolio service.
The UK's Brewin Dolphin is expanding and rebranding its £500 million ($783 million) Managed Funds Service.
The service, which was launched in 2010 to target the advisor market and now manages over £500 million in assets, will be renamed the Managed Portfolio Service in an effort to align it with the rest of the discretionary fund management industry.
Following the rebrand, Brewin Dolphin plans to expand the range of portfolios the service offers and make them available on more platforms. The service, which is already available on seven platforms, will go live on Fusion Wealth. The firm said it is currently in talks with a further four platforms.
“We are delighted to launch our newly rebranded managed portfolio service via Fusion Wealth. Fusion Wealth has strong representation across a number of our key accounts and we are delighted to work with...the team to make the models available,” said the firm's head of managed investment service, Gareth Johnson.
“We have an extensive due diligence process that is undertaken before we launch with a platform and it is key that the platforms we look to work with have the correct functionality to host our Managed Portfolio Service in a scaleable manner,” he said.