City Financial teams up with Novia Global for DFM range

Service launched last March

Laura Dew
City Financial teams up with Novia Global for DFM range

City Financial has become the latest firm to join up with online wealth management service Novia Global to offer a range of model portfolios, run by head of multi-asset Mark Harris.

The City Financial Cautious, Moderate and Adventurous model portfolios are run within pre-determined risk limits which are verified by Distribution Technology. City Financial is the ninth firm to partner with Novia Global, with other firms on the service including LGT Vestra, Brooks Macdonald and Smith & Williamson. The Novia Global investment portal was launched in March 2016 and allows advisers and discretionary fund managers to create and manage portfolios online as well as perform portfolio scans on completed models, review performance and realign portfolios. The funds will be ...

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