Have
you ever considered handing over complete control of your investment portfolio
to a professional including important asset allocation decisions? If so,
are you equipped with the right information to make a choice?
You may have received an inheritance, proceeds from a business sale or a lottery win. It may be hard to get on top of the options available to you and you may be looking for a way to access a professional service to invest and manage your wealth.
A discretionary fund manager (DFM) is a professional third party manager working to set parameters in terms of portfolio choices (risk profile, client preferences etc.). The manager will create and maintain a portfolio that is specifically designed for you and tailored towards helping you achieve your objectives under a pre-agreed risk profile. The manager will take full responsibility for all investment decisions set against a risk profile and capacity for loss that you have both agreed in advance.
The discretionary route might appeal to those who, perhaps, don’t have the time or knowledge to run their own portfolio and are unsure how to create a balanced spread of asset classes and review them regularly. It avoids a large pile of paperwork and accounting for each transaction when it comes to HMRC reporting.
If you are looking to hand over control of your investment portfolio to a third party and not worry about it on a daily basis then this could be the option for you.
You may have received an inheritance, proceeds from a business sale or a lottery win. It may be hard to get on top of the options available to you and you may be looking for a way to access a professional service to invest and manage your wealth.
A discretionary fund manager (DFM) is a professional third party manager working to set parameters in terms of portfolio choices (risk profile, client preferences etc.). The manager will create and maintain a portfolio that is specifically designed for you and tailored towards helping you achieve your objectives under a pre-agreed risk profile. The manager will take full responsibility for all investment decisions set against a risk profile and capacity for loss that you have both agreed in advance.
The discretionary route might appeal to those who, perhaps, don’t have the time or knowledge to run their own portfolio and are unsure how to create a balanced spread of asset classes and review them regularly. It avoids a large pile of paperwork and accounting for each transaction when it comes to HMRC reporting.
If you are looking to hand over control of your investment portfolio to a third party and not worry about it on a daily basis then this could be the option for you.
Mike Batchelor
Private Office
Telephone: +44 (0)20 7893 3456
Email: getintouch [at] broadstoneltd.co.uk
Telephone: +44 (0)20 7893 3456
Email: getintouch [at] broadstoneltd.co.uk
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