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Technology Firm Forms Alliance With UK's Vestra Wealth
Will Robins
20 August 2009
Novia, which provides platform-based wealth management services to UK investment advisors and their clients, is partnering with London-based Vestra Wealth.
Vestra, which was founded in 2008 and which provides wealth management services to private and institutional clients, will use Novia’s full wrap platform to provide three services: model portfolios, advisor specific portfolios and client bespoke portfolios. “We are really excited to be working with Novia whose modern wrap provides a perfect solution for advisers to work together with us to provide a genuine independent tailored investment solution,” said David Scott, managing partner at Vestra. Novia launched to market in October 2008 and offers a range of product wrappers, each with their own cash facility, a suite of portfolio management tools and access to a range of investment classes including shares, bonds, traditional authorised funds, ETFs and alternatives.