The partnership will give Money Portal direct access to Barrie and Hibbert’s modelling capability and its asset allocation framework will be integrated with Money Portal’s online fact-find.
Money Portal chief operating officer Andrew Firth says: “We are determined to ensure that those of our advisers who offer investment advice are backed up with appropriate asset allocations for identified client risk profiles.
“Barrie and Hibbert are recognised experts in this field and by engaging with them we are able to deliver customised outcomes which eliminate the potential risk of the bias associated with many provider-sponsored asset allocation tools.”
Barrie and Hibbert corporate development director Andy Frepp says: “We recognise Money Portal as one of the leading whole of market adv- isory groups in the UK and are very pleased that we have been selected to provide these services. We believe that Money Portal advisers will benefit from the rigorous and independent approach we bring to the construction of bespoke asset allocations.”