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Axa Elevate extends wealth management service

AXA Elevate has added Premier Asset Management and Richmond House Group to its panel of discretionary management services for IFAs.

Axa Elevate says by expanding the range of discretionary managers on the platform, the proposition offers advisers traditional client-bespoke asset management in addition to a more simplistic model portfolio approach.

Axa Wealth UK Distributors managing director David Thompson says: “The flexible functionality of Elevate, and partnerships such as the ones with Premier Asset Management and Richmond House Group, will support advisers as they look towards adapting their business models ready for a post-RDR world.”

Premier Asset Management sales and marketing managing director Simon Weldon says: “Premier is pleased to be able to deliver its innovative DFM solutions to advisers on the Elevate platform, as they look to make such key RDR business decisions.”

Axa last week announced the departure of Elevate managing director Martin Jennings and Axa Wealth head of customer experience Ian Thomas along with 20 other staff who had roles made redundant in a company restructure.

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