The range has been named ‘Rfolios’ by the fund research and ratings group. It features seven model portfolios at different risk levels available for a monthly subscription fee. The options are Defensive, Cautious, Conservative, Moderate, Progressive, Ambitious and Aggressive.
The model portfolios will be formed through fund selection based on RSMR’s own research. The same team which produces bespoke model portfolios for RSMR clients will develop the new portfolios, RSMR director Geoff Mills said.
RSMR will provide guidance to help advisers interested in the service when they are discussing suitability, risk and capacity for loss with their clients.
The portfolios are to be reviewed every six months by the RSMR team and advisers will be alerted of any significant changes to the funds held within the portfolios such as a change of fund manager or investment philosophy.
“We have many years’ experience in building portfolios and we wanted to make this service available to the smaller firm for whom the allocation of time and resource in their businesses is growing evermore challenging post RDR,” Mills said.
“Rfolios have been designed to complement the advice process of all advisers and with clear supporting information and reporting we can help advisers in their detailed conversations with clients, creating the environment for a better understanding of how much risk they are prepared to take,” he added.
