IBOSS Asset Management has announced that its Discretionary Management Portfolio Service (MPS) is now available via the 7IM platform.
The IBOSS Discretionary Fund Management (DFM) MPS offers four different ranges: Core, Passive, Income and Sustainable.
IBOSS MPS offers 32 risk assessment portfolios to enable clients to outsource their investment management.
Kevin Morrison, Head of Business Development at IBOSS, said: “The launch of the IBOSS MPS series on the 7IM platform marks the company’s third new platform launch since the beginning of the year. We believe that having options is essential.”
7IM Managing Director and Broker Verona Kenny added:
“And to this day, we continue to adapt and improve what we offer in response to our clients.
“DFM model portfolio services are an integral part of our evolving offering, so we are pleased to announce that we have recently partnered with IBOSS to launch a broad model portfolio on the 7IM platform.”
In May 2023, IBOSS announced that the optional MPS range is now available via AJ Bell Investcentre.
AJ Bell Investcentre is a platform designed for UK financial advisors.
Then in March, Parmenion expanded its investment proposition by adding a portfolio from IBOSS.
The Advisor Platform explained that this development will broaden access to DFM solutions.
Advisors will also continue to have access to Parmenion’s proprietary DFM MPS.
Founded in 2008, IBOSS serves exclusively the financial advisor market and has £1.5 billion in assets under management (AUM).
The asset management firm was founded by a group of former financial advisors who say they have an expert understanding of what is required of a DFM provider.