Solutions for
your clients

At the heart of our service is our investment expertise

We offer a comprehensive range of investment solutions, designed to meet your client's goals

Our investment expertise is based on institutional disciplines, a firm belief in the value of active management, a strong and principled culture and a diversified, multi-asset approach. Every investor, irrespective of the amount they invest, benefits from the same rigorous, disciplined, institutional-quality approach. We are always focused on the objectives – whether that’s growing capital, generating income or planning for the next generation.

Benefits:

  • Experienced investment management team taking a collegial approach, to create portfolios of our best ideas
  • Access to a wide range of asset classes including shares, bonds, cash and alternative investments
  • Simple, transparent fee structure
  • Industry award-winning services 

Our propositions can be managed within offshore bonds, SIPPs and ISAs, across a wide range of platforms and companies.

Would you like our dedicated and experienced managers to look after your client's investments?

Our team will make all the day-to-day investment decisions for your client, whether they invest for income, growth or a blend of both. All our portfolios contain investments that are researched and monitored on an ongoing basis, that are actively managed and that reflect the strategic views of our highly experienced investment team.

Meet our investment team

  • T&Cs for clients of intermediaries

    Published:
    24/08/2016
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    4,191Kb
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    View download
  • Client brochure

    Published:
    07/04/2016
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    6,908Kb
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    The investment universe has become more complex, with economies and markets increasingly interlinked, while investment management solutions have become more diverse and innovative. We believe that investments need to be constantly monitored and the need for swift responses to market developments and short term market fluctuations can create opportunities for our clients portfolios.
    View download

Discretionary Management Service

Segregated portfolios for clients, investing directly and through third party funds and passive instruments. Available for clients who have £100,000 or more to invest.


Managed Portfolio Service

Segregated portfolios that invest in third party funds. This has a lower cost entry point and is available for clients who have £30,000 or more to invest.
 

Discretionary Management Service - Bespoke service

Our Bespoke service is customised to meet the needs of our high net worth clients. Our service is tailored to meet your client's unique and individual needs. Available for clients who have £1 million or more to invest and require direct access to a portfolio manager.


Close Discretionary Funds

Award winning fund range that includes Funds of direct investments, Funds of funds and Funds of passive instruments. Available for clients who have £1,000 or more to invest.

Close Inheritance Tax Service

CITS is a simple, transparent, cost effective service which could help you to optimise your IHT position. Suitable if you have £50,000 or more in cash.

 

Intelligent Retirement®

A co-ordinated approach to meeting your clients' income requirements throughout retirement, through a choice of income solutions and our proven investment management skills.

Discretionary Management Service

We believe consistent long-term out-performance is best derived from global, multi-asset class portfolios. Our large and experienced team of investment managers and analysts work together to source the best ideas in each asset class and across different geographies. The investment managers use these ideas as the building blocks of the portfolios and then tailor them to meet the suitability and differing requirements of our diverse client base.

Our multi-asset class portfolios give exposure to wide variety of opportunities and help to manage risk within portfolios. All our clients have different risk profiles and objectives which we are happy to accommodate. Your portfolio will be aligned with a suitable risk strategy and we are happy to accommodate income payments, ethical preferences and tax considerations to suit your needs. Your risk profile is reviewed on a rolling basis to ensure we reflect any changes in your circumstances and to offer reassurance.

Our portfolios include direct investments in shares, bonds and real assets as well as third party funds and passive instruments in each asset class. In selecting the appropriate instrument we consider cost, currency protection, on-the-ground expertise and diversity. We offer four risk mandated strategies:

  • Income plus Portfolio - To provide a steady income stream with some capital growth through investment in bonds, shares, both UK and international, and income focused alternative type assets which help spread risk. This is for investors with an income objective.

  • Conservative Portfolio - To deliver moderate capital growth with some income through investment in bonds, shares, both UK and international and alternative type assets which help spread risk. This is for lower-risk investors.

  • Balanced Portfolio - To grow the capital value with some income through investment in stocks and shares, both UK and international, with some exposure to alternative type assets to spread risk. This is for medium-risk investors.

  • Growth Portfolio - To grow the capital value mainly through investment in stocks and shares, both UK and international, with some exposure to alternative type assets to spread risk. This is for higher risk investors.

In addition to accommodating stock specific ethical preferences, we also run fully ethical portfolios which allow you to meet your investment objectives while engaging with your ethical and moral views. We have partnered with Ethical Screening, whose rigorous research and analysis of company activities helps us determine whether or not a stock meets certain ethical criteria.

We provide annual tax packs and can tailor reporting to meet your requirements. We also offer online access to your portfolio valuation and reports. Strong, risk-adjusted performance and client service are equally important in achieving good client outcomes; we strive to achieve both.

Available for clients who have £100,000 or more to invest.

Discretionary Management Service – Bespoke service

Our Bespoke service is customised to meet the needs of our high net worth clients with in excess of £1 million to invest who are looking for a higher degree of customisation and require direct access to a dedicated investment manager. Whether a private client, charity, trustee or a family office our Bespoke service is tailored to meet your client's unique and individual needs. We are stewards of wealth and strive to achieve the highest level of confidence in every aspect of our service.

Our understanding of your client's needs, goals and circumstances is at the centre of our Bespoke service. Bespoke portfolios can accommodate the full range of individual needs – from any ongoing requirements to draw a regular income, to tax considerations, timing issues, inheritance and any ethical restrictions. Our Bespoke service aims to represent your client's financial interests as if they were our own and to develop long standing relationships with them, their family and their Professional Advisers. We place a high degree of importance on efficient administration combined with clear and reliable reporting to ensure that we maintain the highest levels of service. Our investment managers will work closely with your client and their advisers to ensure that they understand their portfolio requirements and that our flexible approach adapts as their personal circumstances evolve.

Through a suitability review with investors, our investment managers establish the appropriate risk profile and preference for income and capital growth. We have internal guidelines for each risk tolerance, but we can also accommodate wider risk bands within a given risk profile, if agreed with the investor. All of this is implemented by a dedicated investment manager, who truly understands a client’s specific needs.

Our Bespoke investment managers work together as part of the overall investment team to combine their knowledge and capabilities through our investment process whilst maintaining autonomy to meet your client's individual requirements. Each portfolio manager is responsible for a limited number of clients which means that your client will have a direct relationship with the person managing thier investments.

Managed Portfolio Service

The Managed Portfolio Service includes four distinct strategies, each with its own risk profile and performance objective. Choosing to focus on income, growth, or a blend of both. Each of our strategies uses third party funds to gain exposure to the different asset classes, helping to spread manager risk. For added flexibility, your clients can switch between the portfolios as their requirements change. Our four risk mandated strategies are:

  • Income Plus Portfolio - to provide a steady income stream with some capital growth through investment in bonds, UK and International shares with a dividend focus, and income orientated alternative type assets, which help spread risk.

  • Conservative Portfolio - to deliver moderate capital growth with some income through investment in bonds, UK and International shares, and alternative type assets, which help spread risk.

  • Balanced Portfolio - to grow the capital value with some income through investment in bonds and UK and International shares, with some exposure to alternative type assets to spread risk.

  • Growth Portfolio - to grow the capital value primarily through investment in UK and International shares, with some exposure to bonds and alternative type assets to spread risk.

All of the portfolios are well diversified by both geography and asset class offering what we believe is the optimal mix of equity, fixed income and alternative type funds to achieve the best risk-adjusted returns. Asset classes perform differently at various points in the economic cycle so investing across a range of assets gives you exposure to a wider set of opportunities while also reducing risk.

Our investment team works in partnership with our research team to select the best risk-rated funds to perform well in a given environment. The team has a successful track record and benefits from institutional-level research capabilities. Selecting the right managers is a complex process and the research team have developed a proprietary risk-grading system for fund selection. This 'Close Score' monitors manager and fund performance and enables us to deliver institutional-level manager research.

This has a lower cost entry point and is available for clients who have £30,000 or more to invest.

Close Discretionary Funds

We offer a range of funds with different risk and return profiles. These are pooled vehicles and are available in three forms. Available for clients who have £1,000 or more to invest.

  • Close Portfolio Funds - Invested primarily in individual securities, underpinned by our research and security selection expertise.

  • Close Managed Funds - Our multi-manager range, which is invested in third-party active funds, underpinned by our active manager selection process.

  • Close Tactical Select Passive Funds - Invested in cost-efficient passive instruments, underpinned by our disciplined passive security selection process.

View our complete range of funds


Close Inheritance Tax Service (CITS)

Helping your clients grow and preserve their legacy

In the 2015/16 tax year, more than £4.6 billion was paid in Inheritance Tax (IHT)1. With a little forethought, much of this money could have been left to beneficiaries instead.

CITS gives your clients a simple, transparent, cost effective service which could help optimise their IHT position after as little as two years, without the need for complex and costly legal arrangements, by utilising Business Property Relief (BPR).

We introduced the service in 2001 and currently manage portfolios for over 1,000 clients.

So how does it work?

If your client buy shares in investments that fully qualify for BPR at least two years before your death, and still hold the shares at time of death, that portion of your assets will be exempt from IHT.

CITS could be suitable if your client has £50,000 or more in cash that they do not need for income or other short-term requirements. This solution aims to grow and preserve capital, but your client must be ready to accept high risk and high volatility. There is no guarantee the expected outcome will be achieved and results may vary substantially over time.

Please note that, due to the higher risks involved with these investments, CITS is only available through a qualified financial adviser.

The service invests in shares listed on the Alternative Investment Market (AIM) and the ICAP Securities and Derivatives Exchange (ISDX) markets. In order to reduce risk, we aim to build a diverse portfolio of well-managed companies with the potential to deliver good returns over a two to five-year period.

CITS uses widely accepted tax reliefs that are clearly outlined by HMRC. Your clients can keep control of their capital and can access it should their circumstances change, although this will mean giving up the IHT benefits.

For more detailed information

Important information
CITS is not a capital protection service and the capital is at risk. The service is dependent on relevant tax legislation remaining in force. For a full disclosure of the risks, read Appendix A in the Client Agreement.

Source: HMRC: HMRC Tax & NIC receipts

If you would like to find out more about the Close Inheritance Tax Service. Please feel free to call or email us for any enquiries you may have.
  • CITS factsheet

    Published:
    20/10/2017
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    798Kb
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    CITS is an AIM-and ISDX-based investment solution providing accelerated relief from Inheritance tax (IHT) utilising Business Property Relief (BPR).
    View download
  • CITS Sales Aid

    Published:
    25/04/2017
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    6,248Kb
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    A simple solution to a complex problem
    View download
  • CITS client brochure

    Published:
    26/09/2016
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    6,727Kb
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    If, on your death, the value of your estate – everything you possess and own outright, including your home – exceeds £325,000* (£650,000 for married couples and civil partners) then every penny over that amount could be subject to 40 per cent Inheritance Tax (IHT).
    View download
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Please be aware, the value of investments can fall as well as rise and that past performance is not a reliable indicator of future results and you could get back less than invested. Click here to understand the risks associated with investing. Calls to any number may be recorded for training and monitoring purposes. This site uses Cookies.