Under the new service, clients will be assigned a dedicated investment manager to oversee portfolios. The service is designed to be built on the firm’s existing range of discretionary managed model portfolios, the London-headquartered firm said in a statement.

As part of the rollout, EQ Investors has appointed Mike Neumann, formerly director of investment management at Bestinvest, to head this service.

Available on a standalone basis or in combination with EQ’s full financial planning services, the bespoke proposition offers direct relationship with the investment manager who manages the portfolio; tax optimisation across wrappers; access to a universe of investment ideas including closed-ended funds and structured products; options to run portfolios with varying risk profiles, and an online portal with 24/7 access to portfolio valuations.

The team will also be handling institutional accounts, including charities, pensions and trusts.

Spiers, who founded Bestinvest – the firm that merged with Tilney to form in 20014, acquired EQ Investors in October 2014. EQ has over £500 million of assets under management and advice.