View more on these topics

Thomas Miller launches model portfolio service


Thomas Miller Investment has launched a range of six model portfolios. 

Aimed at investors with over £50,000 of investable assets, the offering will come with an annual management charge of 0.4 per cent plus platform fees. 

The portfolio range will target the same securities as the firm’s institutional clients and will cover equity and fixed interest asset classes, as well as cautious, conservative, balanced and growth multi-asset sectors. 

The new offering will be risk mapped by FinaMetrica on a scale of 0-100 and will invest directly in equities and bonds, as well as active and passive funds. 

Thomas Miller Investment head of business development Des Hogan says: “The launch of our model portfolio service enables financial advisers to provide an efficient discretionary fund management service to a wider range of clients.

”Our collaboration with FinaMetrica assists advisers in recommending the appropriate model portfolio for their clients’ risk profiles.”

Charles Stanley Direct head of investment research Ben Yearsley is sceptical of the offering’s headline price. He says: “There will be underlying fees so the overall charge could end up being a lot a higher, so it is unlikely to be much different to other offerings out there.”


News and expert analysis straight to your inbox

Sign up


    Leave a comment