The platform will be powered by powered by Hubwise, a software and technology provider, and will allow advisory firms to use tools available from Hubwise. It will have RSMR's seven risk aligned portfolios embedded making access and changes easier for the advisory firm while including a “competitive research and platform fee.”
Geoff Mills, RSMR director said: “In providing our own platform to manage our model portfolio service we can help advisers in the delivery of a first class client service. This initiative allows us to take our model portfolio service to a much wider adviser audience backed by the same methodologies and proven performance delivery.
“In selecting Hubwise to deliver our proposition we employ a platform with comprehensive functionality, guided architecture for ease of use and an exclusive KYC and risk profiling tool. With a combined fee for the researched portfolios and platform of just 0.25% it will be one of the most competitively priced in the marketplace.”
Jeff Plowman, Hubwise chairman, said: “We are delighted to work with the team at RSMR, recognising their influence in the advisory sector. The adviser will benefit from client sovereignty whilst building allegiance to their brand and administrative efficiencies, plus the platform’s ‘Campaign Manager’ (email suite) will facilitate communication and client acceptance of recommended changes to the model portfolios.”