View more on these topics

Tenet network signs up Tatton for managed portfolio service

HandshakeNational advice network Tenet has signed up Tatton Asset Management to run a managed portfolio service for its appointed representatives and directly authorised advisers.

Tenet had previously decided to remove its own centrally supported model portfolios in early 2020.

Tenet chief executive Mark Scanlon says the three-year contract does not impact advisers’ independence:

“We remain committed to supporting our advisers’ independence and as one of the leading adviser support groups, we are constantly seeking to bring our members great solutions to help their clients meet their financial goals.

“Advisers may want to run their own advisory model portfolios and other fund solutions, but we believe that the efficiencies of the Tatton managed portfolio service provides great support for advisers and delivers a professional end-customer experience.”

Tatton Asset Management chief executive Paul Hogarth says:

“Tenet conducted a rigorous and demanding selection process and we are delighted to have been selected.

“Our managed portfolio service offers very competitive charges without any reduction in investment standards or service and are also highly scalable.”

It was also announced today Tatton Asset Management has signed a three-year contract to provide investment management services for Ascensia, the discretionary fund manager of national advice firm Frenkel Topping.

The IFA and asset manager focuses on asset protection for vulnerable clients.

Frenkel Topping appointed Wellian Investment Solutions Limited as its portfolio research partner in February last year. Both moves are with a view to scale the business.

Frenkel Topping chief executive Richard Fraser says: “The appointment of Tatton goes to the heart of our strategy – to scale the business and, as we begin to execute our previously outlined M&A strategy, Frenkel Topping requires the right partners and complementary expertise to manage investments effectively.”



Paul Armson: We need a better conversation on client goals

Many make the mistake of inviting themselves into the client’s future without earning the right to do so Have you ever asked a client what their goals are, only to be met with a deer-in-the-headlights look? That will be because the goals conversation is an awkward one. Yet I see so many financial planners starting […]


Pensions bill on track despite political challenges, says minister

The government remains committed to the delivery of a pensions bill this year and is currently drafting the legislation, pensions minister Guy Opperman says. In a keynote speech today at the Association of British Insurers conference on long term savings, Opperman underlined the government’s commitment to getting a bill through parliament. He said the current […]

Sanlam’s Parker joins advice consultancy as MD

Former Sanlam head of portfolio management Charlie Parker Parker is set to join advice and investment management consultancy Albemarle Street Partners as managing director. Prior to Sanlam, Parker was at a head of distribution and head of strategy at Neptune Investment Management. ASP chief executive Matthew Butcher says: “This is an exciting time for ASP […]


Paul Lewis: Ministers should not pass the buck on LCF mini-bonds

The government should take responsibility after helping the firm create an air of official approval When I lived in Kent, there was a ritual every spring called “beating the bounds”. The local vicar and some councillors would walk around the border of the parish to mark its extent. Some people would carry sticks and symbolically […]

The unconventional becomes the norm

Caspar Rock, Chief Investment Officer, and Richard Jeffrey, Chief Economist, review the state of the economic landscape. It started with an unconventional recession, one that emanated from a near collapse in the financial system but which, in some larger economies, resulted in a comparatively modest increase in unemployment. Then we had unconventional monetary policy, encompassing […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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