Financial advice firm Moneyweb Ltd has partnered with Pacific Asset Management (PAM) on a bespoke model portfolio service (MPS).
PAM will power a range of discretionary portfolios including active, passive, sustainable and blended for Moneyweb.
Paul Robinson, managing director at Moneyweb, said: “Pacific Asset Management’s entrepreneurial approach, culture, and alignment with our principles stood out. Their technology-driven solutions and expert team complement our commitment to delivering innovative and tailored financial services.
“This partnership allows Moneyweb to maintain our independent status, whilst introducing greater consistency and improving client outcomes, acting as a springboard for future growth.
“This strategic move not only solidifies Moneyweb’s growth trajectory but also reinforces our dedication to providing forward-thinking financial solutions. As we embark on this new chapter, we are excited about the opportunities it brings for Moneyweb and, most importantly, for our clients.”
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Ben Sears, head of UK solutions at PAM, added: “We are thrilled to partner with the Moneyweb team. Their culture, attention to detail and strong brand is reflected in their new portfolio range.
“PAM has been able to fully utilise its capabilities across multi-asset investing to build a truly bespoke suite of portfolios to power Moneyweb’s investment proposition.
“PAM’s technology pulls all this together and has become the hub for the Moneyweb solutions.”
This news comes after Moneyweb announced the acquisition of York-based ABC Financial Planning in September this year.