Jump to content

Recommended Posts

Does anyone know of any reputable stockbroking or wealth management firms etc that offer portfolio advice for an upfront (one-off) fee? 

Share this post


Link to post

@amphius,

First of all it depends on which country in the world you are based in?

There are many reputable stockbroking / wealth management firms. A simple search on the internet will highlight some of them. Also if you are wealthy enough to need the services of a wealth management firm then the 'circle' you operate in may be able to advise you? This would be better than asking total strangers on IG Community!

I am based in the UK and can recommend Fidelity Wealth for UK clients but this is more for investments funds / unit trusts, OEICS, investments trusts and ETF's. 

https://www.fidelity.co.uk/services/wealth

https://www.fidelity.co.uk/static/pdf/personal/wealth-prospect-brochure.pdf

As Fidelity are a US firm. They are likely to offer similar if not better wealth management services to its US clients.

  • Thought provoking 1

Share this post


Link to post

Thanks, @trendfollower. 

I'm actually looking for someone who can offer advice on putting together a portfolio of, say 5 to 10 companies from the FTSE 100, 250 or All-Share indices, having particular regard to advice on the particular risks (such as potential problems with debt) of investing in identified high dividend paying companies. My company is the investor, and it has about £350k in cash to invest.

I would like a long term portfolio, and am therefore looking for a one-off piece of advice work for a fee, rather than ongoing active fund management or commission work.

Share this post


Link to post

Have you tried the 'Wealth Management' arm of your bank?

If you have access to 'Private Banking' then they normally offer such a service to its clients.

You may not have enough for Coutts from a company perspective but if you do personally then you may wish to consider them. 

https://www.coutts.com

I mean you could contact UBS, Lloyds Bank Wealth Management and I believe Deutsche Bank have a Wealth Management arm.

There is no right answer anyone can give you as we will all have different opinions, wealth and experiences. You must conduct some research into this and contact several wealth management companies online and see what services they can offer you and for how much (fees). This will help you to possibly make a decision but you must do this as it is your company and £350k at stake. 

Share this post


Link to post

I did read an article today saying stockbrokers tend to offer better value than wealth managers, but I am not sure if any offer this kind of service. I made a start today by emailing a few, picked randomly from an LSE list of stockbrokers. I am treading quite cautiously because the service that I am looking for doesn't seem to be something firms advertize on their websites, and I can't really get the feel of how flexible, comprehensive, wanting the business, or expert these firms are, outside their generic services.

I bank personally with RBS, although my branch is their rather idiosyncratic Drummonds branch, which is a quasi private bank, so I could try them.

Share this post


Link to post

@amphius,

Well done for making a start and e-mailing a few. 

Whilst you are waiting for an answer conduct research on the internet as this will help you to come up with questions that you may want to ask and points you would like clarification on.

Share this post


Link to post

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Member Statistics

    • Total Topics
      6,560
    • Total Posts
      29,450
    • Total Members
      38,977
    Newest Member
    abdlhadi1395
    Joined 19/04/19 17:04
  • Posts

  • Our picks

    • Could the price of pork increase by 78% in China by 2020? - EMEA Brief 18 Apr
      The African swine fever disease has reached Southeast Asia and parts of Europe, including the world’s biggest producer of Pork, China. A prediction from the Japanese bank Nomura, is that this could cause prices to rise by 78% in China by 2020, to 33 yuan per kilogram from 18.5 yuan

      Global PMIs come into focus today, with eurozone and US figures released in the wake of a poorer Japanese number this morning. Pinterest has priced its IPO at $19 per share, above the previously indicated range but still lower than in private funding rounds two years ago.
      • 1 reply
×
×