Ashcourt Rowan links with Ascentric in RDR transition drive

Ashcourt Rowan Asset Management has announced its Managed Portfolio Service is available on the Ascentric wrap.

Ascentric users can access the Ashcourt Rowan models through Ascentric's model portfolio technology.

The link-up offers advisers a way to transition business models and include a risk adjusted investment management service in their financial planning process. Firms can use it to create a range of customised portfolios.

"We believe being able to work with Ascentric will help adviser firms to transition their businesses in preparation for the post RDR world," said Ashcourt Rowan director of intermediary services Paul Miles.

Earlier this month, it emerged Ashcourt Rowan is to receive an £8.5m cash injection designed to strengthen the wealth manager's balance sheet and help it realise its ambitions in the financial advice space.