Santander UK Rolls Out Model Portfolio Service

Tom Burroughes

17 December 2019

has launched a model portfolio service that runs alongside its private bank offering.

The firm advises clients on 11 actively-managed model portfolios with different risk ratings and time horizons. Advice comes from private bankers, using its online investment channel.

“Personalised face-to-face advice is provided to clients from the outset, which considers their individual circumstances, risk appetite and investment time horizons. Clients are also able to review their investments through regular meetings with their private banker, who will advise on any necessary adjustments which need to be made to their portfolio, ensuring it remains suitable and takes into account any changes in circumstance,” Santander said in a statement yesterday.

Each of the 11 models combine two dimensions of risk with a choice of investment time horizon: 3-5 years; 5-10 years; or 10 years plus. Rather than assuming clients’ time horizons of at least five years, the flexibility means that the model portfolios can be more tailored to their time horizon and investment goals, the bank said.

Santander UK worked with Santander Asset Management to develop the models.

The new service is available to the bank’s private banking clients with a minimum of £150,000 ($199,957) to invest.