Whitechurch Securities is in discussions with a third-party risk profiler to launch risk-rated model portfolios.
The firm is aiming to launch three model portfolios, a cautious, balanced and growth portfolio that will be risk-rated by an independent risk profiler by September. The minimum investment on the funds will be £3,000 and will be part of the firm’s portfolio management service. The portfolios will be multi-asset portfolios invested in collectives.
Whitechurch Securities managing director Gavin Haynes says: “In our portfolio management service, we give ourselves quite a wide spectrum where we can move asset allocation. The new portfolios will be tighter in terms of asset allocation. These will be more focused in terms of working within volatility constraints.
“A number of advisers and their compliance departments are looking for an stamp from an independent risk profiler rather than just the discretionary manager.”