Discretionary Managed Portfolio Companies (MPS) belongings have hit £208bn after robust progress of 32% 12 months on 12 months, in keeping with NextWealth’s newest MPS Asset Replace report.
Belongings grew by £50bn within the 12 months to the tip of Q1 2026, with £18bn added previously six months.
The report mentioned the discretionary MPS market continues to develop at a a lot quicker tempo than the broader platform market, with the previous rising at 9% over the past six months versus 3% for the latter.
Quilter Wealth Choose continued to dominate discretionary MPS internet asset progress with a progress charge of 34% over the previous 12 months, in keeping with the report.
Tatton, which remained in second place by way of complete MPS belongings, made the highest 10 internet asset progress desk regardless of de-linking £3.7bn of Perspective Group belongings.
Supply: NextWealth
For the primary time, the report analysed the connection between complete price and asset progress. Of the 52 DFMs evaluated, NextWealth discovered that companies with a median complete price under 50bps grew belongings by a median of 30% over the previous 12 months, whereas companies charging greater than 50bps grew by 20% in the identical interval.
Asset-weighted charges declined from 0.54% to 0.49% within the 12 months because of the continued progress of low-cost passive suppliers.
Heather Hopkins, founder and CEO of NextWealth, mentioned: “Value continues to be a driver of progress for mannequin portfolios. That mentioned, value isn’t the one driver. Energetic portfolios have managed to keep up their market share and their pricing.
“Energetic portfolios make up a couple of third of belongings in MPS and the overall price for hybrid and passive portfolios has fallen roughly thrice quicker than for energetic previously two years. Value is vital however DFMs proceed to distinguish on service and efficiency, in addition to value.”
• Information within the report was collected by way of NextWealth surveys of economic advisers and staff of economic recommendation companies and knowledge offered by 59 DFMs (correct as of 31 March), with estimated knowledge for Timeline and Parmenion based mostly on prior submissions, previous progress charges and publicly obtainable info.
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