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AJ Bell adds Tatton to third-party DFM service

News Team, 10/08/2021

Adviser platform AJ Bell Investcentre has added Tatton to its panel of third-party Discretionary Fund Managers (DFMs), in response to demand from financial advisers

AJ Bell’s third-party DFM service gives advisers and their clients access to Managed Portfolio Services (MPS) from a range of external providers. It sits alongside AJ Bell’s in-house MPS option, giving advisers greater investment choice when managing client accounts.

Tatton is one of the most widely used DFMs in the market. Its portfolio ranges being added to AJ Bell Investcentre include managed (active funds), tracker (passive funds), core (active / passive funds) and ethical products. Each range offers six risk levels and has an annual management charge of 0.15 percent. The intention is to advisers a wide range of investment options to suit a diverse variety of client profiles.

The service already provides access to managed portfolios from 8AM Global, Brewin Dolphin, Brooks MacDonald, Charles Stanley, FE FundInfo, LGT Vestra and Waverton.

AJ Bell’s third-party MPS is available via AJ Bell Investcentre’s Retirement Investment Account, SIPP, ISA and General Investment Account.

Paul Hogarth, chief executive at Tatton Asset Management, said: “AJ Bell is a strong partner for Tatton and we are thrilled to be meeting adviser demand on its platform. It’s great to see the market for outsourced investment solutions thriving and supporting advisers in what they do best – focussing on delivering superior client outcomes through market leading solutions.

Andy Bell, chief executive at AJ Bell, added: “I have known Paul through business and socially for many years and I have the utmost respect for what he has achieved in our industry. I am delighted that we can join forces with Tatton whose ethos and culture is absolutely aligned with ours.”

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