Quilter is launching a new platform service to offer advisers access to a range of five model portfolios.

The new proposition is based on Quilter’s Managed Portfolio Service which is designed for advisers who want to benefit from Quilter’s investment management experience through a platform.

The five investment strategies will provide advisers with access to portfolios to meet Adventurous, Growth, Balanced, Income and Conservative risk profiles.

It will be available on the Ascentric, Nucleus, Novia and Premium platforms.

Glenn Hawksbee, head of sales at Quilter, said: “Our model portfolio strategies are extremely popular and I am delighted that we are now able to provide advisers with the choice of this new platform service, such as our bespoke Discretionary Portfolio service for high net worth clients. This will allow advisers to select the most appropriate option to meet their clients’ investment needs.”

Richard Goodall, sales and marketing director at Ascentric, said: “Our driving ambition is to provide advisers with the choice of product and services to help their businesses succeed and ensure they are offering the best possible service to their clients.

“Quilter has a very strong track record supporting advisers in constructing and implementing portfolio solutions and their proposition will generate real demand from our users.”

Quilter has £7.8bn of funds under management and 350 staff in 12 locations.