North’s managed portfolio offering has reached $6 billion in assets under management.
AMP had further enhanced the platform by adding the Cboe trading platform which included a range of exchange traded funds (ETFs).
In total, 55 new managed funds and 24 ETFs had been added to North in 2022.
There had also been functionality enhancements which the firm would improve and simplify the client experience of the platform.
This included the ability to create and export a Record of Advice template with pre-formatted tables and charts, the addition of a tax estimator and digital consent for advice fees.
Edwina Maloney, AMP’s platforms director, said: “North’s growing managed portfolio range is part of a wholesale strategic uplift to North’s investment menu in recent years, which has also been further strengthened with access to the Cboe trading platform.
“These additions to North, together with our recent functionality improvements, reflect our commitment to understanding the needs of advisers and developing a wrap platform which best supports practice efficiency and great client outcomes.”
