Discretionary Managers
At Novia we recognise that there is a strong and growing demand in the investment market for advisers to outsource the portfolio management process to specialist third party discretionary investment managers.
This allows clients to benefit from expert portfolio management and investment research capabilities enabling advisers to focus on financial planning and understanding their client’s needs and aspirations.
As a consequence we have developed a trading system and processes which allow the four parties: advisers, their clients, discretionary managers and Novia to work together to provide a professional and effective wealth management service.
The choice of discretionary manager and commission paid to them remains an agreement between the client and adviser. However Novia enables advisers and discretionary managers to use the service in full to the benefit of clients. Novia enables discretionary managers to
- View a client’s investments online at any time
- Make investment decisions and carry out transactions for these clients quickly and efficiently
- Use either model portfolios or bespoke portfolio management to tailor investment solutions to suit clients
- Be remunerated in a fair and transparent manner directly from the Cash Facility
Further information on how to link with discretionary managers can be found in the Key Features Document and Terms & Conditions, available here.
Novia can work with any FSA authorised discretionary manager which you may wish to appoint. However we have partnered with a number of discretionary managers who you may wish to use through the service.
Below is a list of these discretionary manager partners. Click on the names below to find out more information and further details on the services they can provide.
You should be aware that Novia offers no advice regarding discretionary management and makes no recommendation as to which firm you may wish to choose. Clients should consult their adviser for more information on such a service and whether this may be suitable. Advisers seeking more information should speak to their regional sales manager. Details of the sales team can be found here.
If you are a discretionary manager and interested in partnering with Novia please contact us at discretionarymanagers@novia-financial.co.uk.
