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Montage launches model portfolios to advisers


Wealth management firm Montage has launched 11 risk-rated model portfolios as an offshoot of its discretionary management service.

The Essex-based firm will now offer 11 model portfolios that will use a mixture of passive and active funds. It will charge 0.3 per cent plus VAT for the service, with total costs ranging from 0.3 per cent to 0.84 per cent.

Montage Portfolio Management managing director Peter Montague says: “We set up Montage Portfolio Management a year ago because we felt the existing centralised investment proposition marketplace did not meet the needs of our clients.”

The portfolios are currently available on 7IM and Montage is looking to get them on other platforms.

Montague adds: “Advisers can assess their client’s risk profile using our risk profiling process, and then leave us to manage the portfolios in line with our risk controlled process. The 11 portfolios, which to date have only been available to our clients under the Montage Wealth Management brand, have had strong performance since launch on 01 June 2014.”

Each portfolio is named after its allocation to growth assets in the portfolio, with the lowest risk profile having 0 per cent allocation, while the riskiest has a 100 per cent allocation.


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