The company has made available a risk management tool Ideator, enabling customers to assess their general risk profile, said the firm.

Apart from using general investment accounts, users can access their portfolios on the MWM platform utilizing ISA and SIPP accounts, provided by European Pensions Management.

Modern Wealth Management for the UK market head Karsten Henriksen said the firm was pleased to offer its clients diversified Model Portfolios with funds and ETFs as an extra service free of charge.

"This is pure added value for clients who find it a challenge to build portfolios from scratch, and are faced with a choice of over 3000 Funds, Unit Trusts and ETFs to choose from," Henriksen added.

"To ensure the portfolios are unbiased we have appointed Morningstar Investment Consultants as our advisors. This is another important step to meeting our clients’ needs by providing simple, easy to use tools and transparent fees and guidance for those who want to take charge of their own investments."

MWM is a registered trademark of Saxo Bank A/S which is authorized by Finanstilsynet, the Danish Financial Supervisory Authority.