Data and software provider Defaqto has revealed its adviser users' top 10, most recommended platform-sourced Managed Portfolio Solutions (MPS) by value for Q1.
The data comes from Defaqto’s Financial Planning software system Engage. Defaqto claims 30% of financial advisers in the UK use Engage.
The findings are drawn from Defaqto’s market data which covers more than 2,900 DFM MPS portfolios, platforms and products. Recommendations of £50bn annually go through the system.
Tatton had five of the top 10 funds with Quilter notching up three funds.
Top 10 MPS in Q1 2025 via Defaqto Engage
|
Rank
|
Proposition Name
|
Position end 2024
|
Movement up / down
|
% Share of Top 10
|
Defaqto MPS Comparator *
|
Defaqto Diamond Rating
|
|
1
|
Tatton Core Active
|
1
|
-
|
18.40
|
Balanced
|
5
|
|
2
|
Tatton Core Balanced
|
2
|
-
|
15.92
|
Balanced
|
5
|
|
3
|
ebi Vantage Earth 60
|
29
|
+26
|
11.80
|
Balanced
|
5
|
|
4
|
Tatton Core Aggressive
|
8
|
+4
|
9.50
|
Growth
|
5
|
|
5
|
Waverton Balanced
|
15
|
+10
|
8.52
|
Balanced
|
5
|
|
6
|
Quilter WealthSelect Managed Blend 6
|
4
|
-2
|
7.69
|
Cautious
|
5
|
|
7
|
Tatton Core Cautious
|
20
|
+13
|
7.52
|
Cautious
|
4
|
|
8
|
Quilter WealthSelect Managed Active 6
|
10
|
+2
|
7.00
|
Cautious
|
5
|
|
9
|
Quilter WealthSelect Managed Blend 5
|
5
|
-4
|
6.89
|
Defensive
|
5
|
|
10
|
Tatton Tracker Balanced
|
19
|
+9
|
6.76
|
Balanced
|
5
|
*Source: Defaqto Engage. Defaqto MPS Comparator is derived based on historic risk adjusted returns
Andy Parsons, head of investment & protection at Defaqto, said: “The top 10 for the first quarter of 2025, is very much the Tatton and Quilter WealthSelect show, as not only do they occupy eight of those positions, but as a percentage share of new business recommendations across the top 10, they achieved 58.1% and 21.58% respectively. Or looking at it another way, a combined total just shy of 80% of the value.
“Carrying on from being the most selected MPS solution in 2024, Tatton Core Active continues to not only lead the way through the first quarter of 2025, but the overall percentage share it has of the top 10, in new business recommendations value, has increased from 17.26% (end of 2024) to 18.40%.
“With its stablemate the Core Balanced also retaining its second-place position, the pair in total account for just over one third (34.32%) of the value of new business recommendations within the top 10. And not content with attaining the top two places, the Core Aggressive climbed to fourth place, meaning Tatton had the enviable accolade of three portfolios within the top four.
“Overall, there were four new entrants within the top 10, with the ebi Vantage Earth 60 portfolio, being the highest new entrant in third place, up 26 places from the end of 2024 and managing to break up the Tatton dominance, whilst the second new entrant Waverton Balanced arrives in fifth place, up 10 places from the end of 2024.
“Transparency around the MPS arena will undoubtedly be a key focus in 2025, especially in light of the FCA announcement back in late February where it announced it would be taking a much closer look into this arena, from a Consumer Duty point of view.”
