Charles Stanley offers model portfolios via Standard Life Wrap

Charles Stanley is to offer its model portfolio range via Standard Life's Wrap platform.

Advisers will be able to mix and match the wealth manager's range of portfolios with other model portfolio providers, as well as making payments and withdrawals.

The service is automatically available to advisers already signed up to the Standard Life platform. Other advisers can access the platform through an agreement with Charles Stanley. 

Both the passive PanASSET and active Collective Portfolio Service ranges will be available on the platform.

Charles Stanley Pan Asset managing director Christopher Aldous said: "We are delighted to be one of the first model portfolio providers on Standard Life’s Wrap platform and have already experienced significant interest from advisers who already use the platform.

"It incorporates some exciting technical developments to enhance the experience of both advisers and their underlying clients and the moderate charges, together with our low model portfolio fees, will be easy on the client’s pocket.”

Charles Stanley Collective Portfolio Services co-head Gerard Sweeting said: "This agreement with Standard Life will place our Collectives offerings to the forefront of the adviser decision-making process."

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