Ascentric has launched a tool providing advisers with a breakdown of client portfolio charges, including the cost of setting up model portfolios and ETFs.
The Key Features Builder, developed in associaiton with FundsLibrary, demonstrates the "holistic" platform cost of various product wrappers, giving clients a complete picture of all charges and their impact on total expense ratios. The tool will show the adviser charge, fund management charge, product wrapper charge and Ascentric charge on a single document which also contains a summary of the risks, aims and performances of selected wrappers and funds. Advisers can also use it to show charges associated when setting up model portfolios and a wide range of ETFs - reflecting the growin...
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