Bare Trust

Brewin Portfolio Service

Bare Trusts are a simple form of trust, and not as complex as you may think. It is easy to set up an account, you can invest however much you want and money can be used to benefit your child before they turn 18, under limited circumstances, for things like education (but returns may be taxed).

Our Bare Trust at a glance

You can apply for a Bare Trust Account on behalf of a child through the Brewin Portfolio Service today. Information is provided only as an example and is not a recommendation to pursue a particular strategy.

No investment limit

Invest as much as you want from a minimum £500 initial investment. All gains and income use the child’s personal tax allowance.

Saving for the future

Any money in the account belongs to the child but they can’t access it until they turn 18.

Trustee control

Investments inside the trust are held by the trustees (e.g. parents or grandparents), who control access to the investments until the child turns 18.

Is Bare Trust right for my child?

  • All children are eligible and there are no investment limits
  • Money held can be used for the child’s benefit under limited circumstances, e.g. for education
  • Gains or income will typically use the child’s personal allowances for income and capital gains taxes
  • The account can remain open beyond the child’s 18th birthday

Why Brewin Portfolio Service?


We have over 250 years’ investing experience, taking a long-term view of investment and client relationships.

Simple and competitive fees

Our simple fee structure gives you access to our expert investment thinking at a competitive price.

Easy access

Keep track of your portfolios at any time via our app or online.

A human touch

We know how important the human touch is, so you’ll always speak directly to a member of the team. Our UK-based experts are on hand when you need them to answer any questions you may have.

Call us on 0333 207 9003
Monday to Friday 8am to 6pm
Saturday 8am to 12pm

Email us at

Write to us at:
Brewin Portfolio Service
Sixth Floor, Atria One
144 Morrison Street
Edinburgh, EH3 8BR

How to apply

Step one

Choose your portfolio

Decide which of the six portfolio is right for your Bare Trust Account.

Step two

Complete the form

Download a Bare Trust Account form and fill it out. Don’t hesitate to ask for our help from our team if you have any questions.

Call 0333 207 9003 or email us.

Step three

Send the form

Send the filled out Bare Trust Account form by post to:

Brewin Portfolio Service
Sixth Floor, Atria One
144 Morrison Street
Edinburgh, EH3 8BR

Step four

You’re all set

We will be in touch to let you know when we’ve set up your account. You’ll be able to check on your investments 24/7 through our BPS app.

Frequently asked questions

BPS is an execution only, non-advice service.

We provide pre-determined portfolios which are designed by our in-house experts. We take on the hard work of picking what assets are in these portfolios, so you don’t have to. You just need to choose your investment style and risk category – we will do the rest.

The minimum investment amount is £500.

No. The investment is exposed to risk and the value of the underlying stock market investments can fall as well as rise.

Investing designed for you

This does not constitute tax or legal advice. Tax treatment depends on the individual circumstances of each client and may be subject to change in the future.