Close to four-in-five (79%) advisers are currently using model portfolio services (MPS) for their clients, Professional Adviser research finds.
Respondents to the most recent PA Asks survey were asked whether they use MPS solutions, with only 21% signalling they do not. One respondent said: "We run our own discretionary service and can incorporate any assets within." Another adviser said that while they did use MPS solutions for some clients, they were "not sold on them being a one fit for all approach". "We manage our own discretionary model portfolios in-house," a third added. An adviser who said they did not use MPS solutions currently noted they "have done in the past" and "have found them useful". PA's most rece...
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