AJ Bell adds Tatton to third-party DFM service

by | Aug 9, 2021

Andy Bell CEO of AJ Bell and Paul Hogarth CEO of Tatton.

AJ Bell Investcentre, one of the UK’s leading adviser platforms, has added Tatton to its panel of third-party Discretionary Fund Managers (DFMs). Tatton is one of the largest and most widely used DFMs in the market and has been added to AJ Bell Investcentre in response to significant 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. The service already provides access to managed portfolios from 8AM Global, Brewin Dolphin, Brooks MacDonald, Charles Stanley, FE FundInfo, LGT Vestra and Waverton.

The Tatton managed portfolio ranges being added to AJ Bell Investcentre are Managed (active funds), Tracker (passive funds), Core (active / passive funds) and Ethical. Each range offers six risk levels and has an annual management charge of 0.15%. This will give advisers a wide range of investment options to suit a diverse variety of client profiles.

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

There is no explicit fee for the service. Clients pay AJ Bell’s existing platform charge and the charge levied by the external DFM.

Andy Bell, chief executive at AJ Bell, comments: “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.”

Paul Hogarth, chief executive at Tatton Asset Management, comments: “I’m delighted to be partnering with AJ Bell to further extend access to Tatton’s model portfolios. We entered this market 8 years ago with a clear goal of driving down the cost of investing, delivering investment excellence, backing financial advisers and being available on as many adviser-led platforms as possible.

“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.”

Related articles

Trending stories

Join our mailing list

Subscribe to our mailing list to receive regular updates!