28 June 2012
Brewin Dolphin is launching a new Managed Portfolio Service (MPS). MPS is a discretionary managed service for smaller individual portfolios and ISAs within five specified categories. The service has been designed to deliver Brewin Dolphin expertise in managing portfolios with input from its asset allocation committee and its award winning research department. Clients will maintain the relationship with their existing Investment Manager and can transfer back in specie to the bespoke portfolio service without CGT implications.
MPS will be run by portfolio manager John Moore and the service has been specifically designed to meet the needs of clients with portfolios between £10,000 and £150,000.
MPS key features:
- Fees: 1.2% + vat with no minimum and no transaction charges
- Top ups and monthly subscriptions from low minimum levels
- Fixed monthly income payments available – no extra charge
- Six monthly on line or hard copy reporting and valuations
The administration will be provided by SEI who have the proven cability to handle both volume and our sophisticated requirements, while allowing us complete control over client data and investment management.
John Moore, Divisional Director of MPS said, “We are very pleased to be launching this service which is designed to combine our professional and personal service with our investment management skills, within the new regulatory framework for a competitive cost for smaller portfolios.”
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