Back-office provider Intelliflo has unveiled a low-cost model portfolio service, which will be managed by its owner Invesco.
Addressing delegates at the firms' 'Change the Game' conference in London on Tuesday morning, Intelliflo founder and executive chairman Nick Eatock said the biggest game changer of all was the launch of its Integrating Model Portfolio Service (iMPS). Advisers were told the development was led by the increased investment in its Intelligent Office service from Intelliflo, which has tripled from £3.7m to more than £10m in the past year. In June 2018, investment firm Invesco bought Intelliflo for an undisclosed fee and has now partnered with the back-office provider on the development of...
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