Hymans Robertson launches tailored portfolio investment service for financial advisers

Hymans Robertson Investment Services has launched a discretionary model portfolio service in a move which sees it partnering with UK retail advisory firms directly for the first time. The firm, which has a century of experience in delivering bespoke investment advice to large institutional clients, has now developed its Tailored Portfolio Service (TPS). This new service will provide adviser firms and their clients with all the efficiencies and risk-reduction associated with outsourcing investments, but with the additional benefits of tailoring.

TPS offers model portfolios, managed to an adviser firm’s mandate specifications, still using its own brand. Advisers and their clients will be able to benefit from Hymans Robertson’s vast institutional investment experience, rigour and buying power. At the same time, they’ll also be provided with sustainable income tooling aligned to the model portfolios. This will also incorporate Hymans Robertson’s industry leading longevity analysis.

With TPS, Hymans Robertson will work in partnership with each adviser firm to create an investment proposition that meets the specific needs of their customer segments, advice processes and business models. Once the tailored mandate designs have been agreed Hymans Roberson will then take responsibility for managing the model portfolios on the adviser’s existing platforms, using its discretionary permissions, taking this burden off the adviser’s shoulders.

Commenting on the launch of TPS, Stephen Birch, Managing Partner, Hymans Robertson Investment Services says:

“We’re thrilled to be launching our Tailored Portfolio Service and are looking forward to working closely with advisers. We’ll listen to our clients and develop model portfolios that meet their requirements and believe we’ll be able to help these firms become more cost-efficient and, vitally be able to offer better outcomes for their clients.”

“We’ve a lot to offer with TPS. Not only are we able to leverage the experience of our existing investment team, which includes over 100 researchers, modellers, technology developers, but we can also offer cost savings through the benefits of scale through having influence on over £250bn in assets. Our aim is to develop relationships with retail advisory firms that are long-lasting and we hope to build partnerships with those that have a similar culture and values to our own.”

Also commenting on the launch of TPS, William Marshall, Hymans Robertson’s Retail Chief Investment Officer says:

“Financial advisers perform an important role in helping individuals meet their financial goals. By working with them to build model portfolios which are in their name and aligned to their investment process we can give them the means to successfully fulfilling that role. We believe that our experience of building robust, well governed portfolios can improve investors’ future outcomes. There is also an ever-increasing regulatory burden falling upon advisers such as demonstrating responsible investment and the potential impact of the sustainable finance disclosures regulation. This can be daunting. By supporting advisers with our TPS we can help them meet these regulatory challenges and, indeed in cases, we can remove some of this burden.”

An animation explaining the service can be found here.