General information
Target Market of our Very Aggressive Portfolio
Independent Advice Ltd are a FCA regulated Financial Planning firm operating with Discretionary investment permissions. We provide two combined services.
- A Financial Planning Service (FPS) provided by highly qualified financial advisers
- a Managed Portfolio Service (MPS) operated across a range of risk adjusted model investment portfolios, provided by the same highly qualified discretionary managers.
- We only offer this combined service to our clients. We do not offer our services to 3rd parties such as other financial adviser firms.
- Clients can invest solely, with a spouse or partner, our FPS and MPS is also available to trusts and companies.
We do not hold client assets. All cash and investments are held on a number of Platforms. Currently we mainly partner with Transact.
- Each platform offers a full range of regulated investment wrappers including GIA, ISAs, pensions and investment bonds.
- The platforms have custody of all assets held within our Managed Portfolios.
- We instruct the platform, they handle all trading and settlement of client assets held within our Managed Portfolios.
- The platforms carry out all day to day administration for our clients.
- Clients can make deposits and withdrawals, obtain valuations and reports.
Composition of portfolio
A very aggressively managed long-term (+10 years) asset allocation would invest up to 97% (dependant on the financial climate) in equities with the remaining percentage being invested in cash. The number of equities held could be very concentrated (less than 20 in total) and could be subject to currency risk. The highest level investment risk.
Types Of Investor
Our service is designed for mass retail clients who wish to invest for the long term in UK authorised products such as pensions and ISAs, but wish to have their investments managed by a professional.
- clients who lack the confidence and/or time to self-invest
- require a highly personal service.
- want to aggregate their wealth in one place for efficient planning and investment (which might include linking close family members’ wealth).
- have typically been recommended by an existing client or professional known to us. We do not pay introducer or third party fees.
- want to invest in a tax efficient way by opening tax wrappers as appropriate;
- initially have substantial (typically above £100,000 in aggregate) funds to invest and/or existing assets to transfer to our service.
- Want to benefit from our combined FPS and MPS
- want, and are able, to invest over the very long term (ten years or more).
- want to invest for capital growth and/or income and to have the ability to move money between assets to meet these objectives.
- are a UK resident.
- are aged 18 or over.
- clients who have a higher than average attitude to risk
- clients whose aim is to have the value of their investments attempt to quadruple in monetary value over a timeframe of 10 years
- investors who have a long investment timeframe and do not need substantial withdrawals for many years.
- clients who understand and can accept high currency risk (Sterling appreciating against the dollar and other major currencies).
Who The Services Are Not Suitable For
- those looking for real time equity trading.
- those looking for guaranteed returns.
- those that require investment types and/or strategies, such as hedging, FX trading and crypto currency trading.
- individuals under age 18.
- those looking to purely self invest across their entire wealth.
- clients who have a medium or below attitude to risk and a minimum capacity for loss
- clients who only need their investments to grow faster than inflation
- clients who require their investments back within a few years
Clients’ Knowledge and Experience
Although some experience of investment is preferred this is not strictly necessary. We will take other factors into consideration at any initial meeting.
Client’s Capacity For Loss and Ability to Withstand Loss
Our service offers no capital or expense guarantees and clients must be comfortable to accept some degree of investment risk and have the capacity to sustain capital loss.
Types of Financial Needs and Objectives of Clients
Our services offer a small number of clients the ability to benefit from a professional financial planning service and a personally delivered investment management service. We help clients to
- Plan – to achieve their future financial objectives.
- Save – a secure environment to hold future savings.
- Grow – the benefit of our personal MPS
- Spend – the confidence to achieve those financial objectives within their lifetimes
- Gift – the ability to help others within their lifetimes
- Pass – to eventually pass wealth in a tax efficient manner
Fees
Our combined FPS & MPS services have a simple to understand management fee. It is 1% per annum. Deducted at the rate of 1/12th of 1% per month based on the value of your managed assets.