Morgan Stanley Quilter is launching three new portfolios within its managed portfolio service.
The three new portfolios are adventurous, distribution, and cautious, adding to the firm’s growth, balanced and income portfolios.
Morgan Stanley Quilter managing director Stephen Vakil says the firm has seen increased demand for both more aggressive and more cautious portfolios.
Charges are 1.35 per cent per annum with no additional fees. Income can be taken on a monthly basis.