Tailored to you
Mostly suited to former Partners who no longer need to maintain investments in line with PwC’s independence rules. In this service we provide a truly personal and customised investment service to help protect and grow your wealth.
Depth of expertise
Via your own investment manager, you will have access to a highly qualified and seasoned investment professional with experience of guiding clients and their portfolios through different market conditions. Investment managers are supported by our in-house dedicated global securities research team, and by our experts in tax-efficient and specialist investments.
A bespoke investment portfolio, constructed to take into account your circumstances, attitude and capacity for risk, considerations and objectives.
- Managed on a discretionary basis, enabling your investment manager to respond promptly to changing market and economic conditions
- Can reflect your preferences towards ethical matters, target income yield, tax crystallisation, trusts and timing of commitments when investing from cash
- An investment philosophy with a proven track record*
*Past performance is not a reliable indicator of future performance.
Fees and charges
The fees will depend on your specific needs, the underlying investments in your portfolio and the complexity of the work involved. The fees agreed for PwC Partners are as follows:
|Amount invested with Close Brothers||My WealthPartner Bespoke investment management annual charge||Close Brothers standard Bespoke investment management annual charge|
|£0 - £500,000||0.90%||1%|
|£500,001 - £1,000,000||0.90%||1%|
|£1,000,001 - £2,000,000||0.80%||1%|
As part of the My WealthPartner service, which is not available to other Close Brothers clients, there is also a cap on fees if you take advice, custody and investment services from Close Brothers. This cap is shown in the table below and applies to the ongoing advice fee, annual investment management charge and the custody and administration charges.
There can be additional costs for investment management in addition to the annual management charge and the total cost will vary depending on which investments are used. Please note that VAT has to be charged for investment management and advice on discretionary managed portfolios. Full details of all charges will be discussed with you and set out in a comprehensive report before you take up any of our services.
|Amount invested with Close Brothers||Integrated wealth management fee cap (annual charge)|
|£0 - £500,000||1.20%|
|£500,001 - £1,000,000||1.20%|
|£1,000,001 - £2,000,000||1.10%|