Quilter has just announced that its highly regarded WealthSelect Managed Portfolio Service (MPS) is now available on the Transact platform. This is a significant development for financial advisors in South Africa, offering them even greater flexibility and choice when managing their clients' investments.
WealthSelect first became available on third-party advisor platforms in early 2024, and this latest addition means advisors can now access the MPS on six different platforms, in addition to Quilter’s own investment platform. Quilter states that this expansion underscores their dedication to empowering advisors with the tools they need to meet the diverse needs of their clients.
Launched in 2014, WealthSelect is managed by a team of experts including Stuart Clark, Helen Bradshaw, and Bethan Dixon. The service boasts an impressive £23.3 billion in assets under management and offers a comprehensive suite of 56 portfolios, catering to a wide range of risk appetites, including responsible and sustainable investment options.
The accolades speak for themselves. In March 2025, WealthSelect received three prestigious awards from Defaqto, further solidifying its reputation as a leading managed portfolio service.
Stuart Clark, Portfolio Manager for Quilter WealthSelect MPS, commented, “For over a decade, WealthSelect has become an integral part of advisors’ toolkits. We are committed to providing advisors with the choice and flexibility they need to achieve strong outcomes for their clients. We are proud of the reach WealthSelect has achieved, especially after its integration with third-party platforms last year. Adding WealthSelect to a popular platform like Transact broadens the availability of these portfolios and ensures advisors have the solutions they need, precisely how they need them.”
Tom Dunbar, CEO of Transact, added, “Our strategy is to provide advisors with the broadest possible selection of MPS providers on the Transact platform, and we are thrilled to now offer the Quilter Wealth Select Managed Portfolio Service. It's fantastic that the MPS is available across all of our wrappers, including our in-house offshore and onshore bond offerings.”
What does this mean for South African Investors?
The availability of Quilter WealthSelect on Transact provides South African financial advisors with access to a well-established and highly regarded managed portfolio service. This can potentially lead to better investment outcomes for their clients, thanks to the diversification and expertise offered by WealthSelect.
Key Benefits:
- Wider choice of investment options.
- Access to a proven and award-winning MPS.
- Flexibility to meet diverse client needs.
- Potential for improved investment performance.