Committed to supporting your business as abrdn MPS fees on Wrap and Elevate are reduced
28 November 2023We’ve reduced the fees for abrdn’s Managed Portfolio Service (MPS) range and its Sustainable MPS range on Wrap and Elevate.
The abrdn MPS range fee reduced from 25 to 15bps, while the fee for the Sustainable MPS range reduced from 20 to 15bps. Please note that the fee for abrdn’s Index and Sustainable Index MPS ranges on Wrap and Elevate has stayed at 10bps.
For existing adviser clients using abrdn MPS and Sustainable MPS ranges on Wrap and Elevate, the reduced fees apply automatically. New clients onboarding to these portfolio solutions will also receive the new fee.
With reduced fees and easy-to-use portfolio solutions, you can be confident you’re placing clients with a discretionary MPS provider that’s focused on supporting your business to deliver good outcomes.
Outsourcing the investment proposition has benefits
abrdn’s MPS ranges on Wrap and Elevate offer you a breadth of solutions to meet your clients’ different investment preferences and attitude to risk. The solutions leverage abrdn's global investment research capabilities and expertise, ensuring the optimal asset allocation with componentry from the whole market.
Whatever way your firm chooses to manage the investment proposition as part of your advice service, with the Consumer Duty now in place, this is an area that needs special attention.
With the requirement for adviser firms to deliver and evidence good client outcomes under the rules, and with the amount of time and investment expertise needed to build a portfolio solution in-house, choosing to outsource this service is an increasingly popular choice.
And choosing abrdn’s discretionary Managed Portfolio Service not only reduces the operational risks within adviser firms but helps to create the capacity for you to focus on building relationships with clients and to continue to grow a successful and profitable business.
Establishing the right MPS partnership on platform
The right partnership with an MPS provider on platform can not only help to ensure good outcomes for both your clients and your business but can help clients to have a better understanding of the portfolio solution they’re investing in, and whether it provides value.
abrdn’s Managed Portfolio Service provides you with a range of portfolio strategies, with a choice of management styles to meet your clients’ investment needs. Find out more about abrdn’s Managed Portfolio Service.
The value of investments can go down as well as up and your clients could get back less than they paid in.
The views expressed in this blog should not be regarded as financial advice.