Model portfolios provide advisers with an opportunity to cater to clients with different risk profiles using professionally managed portfolios, which may also offer additional benefits such as capital gains tax efficiencies and the ability to customise the portfolio. However, when we consider an additional overlay of ESG factors, we may find that these portfolios do not meet the client’s full expectations. This guide provides an overview of the steps that advisers should consider when looking at using multi-asset model portfolios. This guide could also be useful for any groups considering creating their own in-house portfolios.