View more on these topics

Novia wrap goes live

Novia Financial’s new wrap platform is now live and has accepted its first case.

The platform created by Selestia co-founder and ex-marketing director Bill Vasilieff was created with InfoComp using their composer software and is targeting IFAs in the high net worth and mass affluent sector.

Novia is backed by Future Capital Partners and Matrix Securities has taken just eight months to create.

Over the next few weeks a limited number of IFAs will be moved onto the platform before it is opened to the whole market in November.

The platform will offer a range of product wrappers including a Sipp, a general investment account, an offshore bond, cash and stocks and share Isas.

Each wrapper has an integrated cash facility and there is also the ability for off platform holdings to be recorded.

There will be a wide ratnge of investment fund choice in addition to stocks and shares, and ETFs.

Novia will offer portfolio planning tools, including risk profiling, asset allocation and model portfolio building as well as providing advisers with the tools to look at all their clients investments, not just those on the Novia platform.

Re-registration both on and off the platform is also available, there is an unbundled charging structure and a Treating Customers Fairly centre is also included to help advisers create an audit trail.

Recommended

Nigeria cover image - thumbnail

White paper — Nigeria International Insights

Jelf Employee Benefits closely examines healthcare provision and challenges within Nigeria. This will be of particular interest to HR decision makers with employees based in Nigeria, and assesses the environment, risks, facilities and safeguards that are relevant to organisations that are actively deploying expatriate staff in this location.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com