One Financial Solutions has appointed investment firm Marlborough to construct and manage model portfolio solutions range for its clients.
The 15 portfolios, which launched last month (23 August), are matched to five different risk profiles.
There are options for the underlying funds to be active, passive, or blended.
And the managed portfolio solutions (MPS) range are available to One Financial Solutions’ advisers on several platforms.
The portfolios are managed by Marlborough’s chief investment officer of multi-asset Nathan Sweeney and his team.
Sweeney reports to Sheldon MacDonald, Marlborough’s chief investment officer. They have more than 125 years’ combined experience in the financial services sector.
The Marlborough Group, an independently owned financial services firm, manages more than £11bn of assets under management as at 1 August 2023.
The group’s capabilities include investment management which offers a range of 19 funds and an MPS service.
One Financial Solutions is an IFA firm with 22 advisers working from two offices in Surrey and another in Glasgow. It has more than £200m of assets under management.
The company expects to transfer around £50m into the portfolios in the first six to 12 months. This will be existing client money, together with assets from new clients.
One Financial Solutions managing director Wayne Griffiths said: “We considered a range of other providers during a painstaking 12-month selection process, but in the end Marlborough were the clear choice for us.
“They have a well-deserved reputation for investment excellence, and we share a similar culture, which is rooted in putting our clients first and delivering great value for them by applying exacting standards to everything we do.
“While there’s still a place for multi-asset funds, we believe many of our clients will see significant advantages in the more tailored nature of our new bespoke MPS portfolios.
“This is an exciting time for One Financial Solutions and we’re looking forward to working in partnership with Marlborough as we embark on the next stage of our growth journey.”
Marlborough Group commercial director, intermediaries, Danny Knight, added: “We’ve been managing investments for more than 35 years, and by working with us advisers can free up valuable time to focus on building and growing their all-important client relationships.
“We shoulder some of the burden for the adviser, while respecting their independence. It’s a very clear approach and one that means we can grow together as long-term partners.”
