Associated Companies
Most of us like things to be in order....so that things are easy to find and we understand what we have and where they are. After all, most of us use a chest of drawers to keep our clothes in order because it just feels better to have everything in one place, where we can easily find it when needed.
Many of us own a mixed bag of financial products, which we have accumulated at various times in our lives often with various providers. We receive valuations from these different providers and at different times of the year which makes it difficult to understand where we stand financially.It would be better if we could have our financial arrangements in one place so that we can see the "big picture" of our finances - a financial equivalent of the chest of drawers. This management of our finances is now possible with the introduction to the UK of the Financial Wrap service (so called because we can hold our different financial arrangements in seprate boxes or wrappers within an overall master account)
The Affluent Wrap Portfolio, available from Affluent Wealth Management Ltd is a financial wrap, which allows us to gather all of these financial assets in one place and then to introduce a co-ordinated investment strategy.
Think of the Affluent Wrap as an umbrella, under which we can collect all of the different forms of savings you might have - e.g. ISAs, pension plans, stocks and shares, unit and investment trusts, even cash. Once everything has been pooled together, we can apply a uniform investment strategy, to help achieve your financial objectives.
Wraps come in different forms and Affluent conducted extensive research into this area before partnering with the award winning wrap service provided by Transact. It enables us to give completely independent advice, in the most transparent value-for-money manner possible.
Transact is a service, it is not a product. Transact simply execute instructions which we place on your behalf – for example, to buy or sell the funds within your portfolio.
Transact is authorised and regulated by the Financial Services Authority.
Our clients tell us that a key attraction of the Affluent Transact Wrap is its complete transparency. In our investment process nothing is hidden and clients can see all the costs associated with their investments including, of course, the fees paid to Affluent. Affluent Wealth Management Ltd is remunerated solely by our clients and do not receive income from any other source. This is a vital aspect to our advice process, ensuring that we have no product or product provider bias.
You can find out more about Transact and how it adds value to your financial planning by visiting their website (there is a link from our homepage)
In return for this specialist management service, we charge a fixed annual management fee, equivalent to 0.083% per month of the assets that we are managing on your behalf. This monthly fee is paid from the cash element of your portfolio. It is simple and transparent.
As our own income is directly linked to the value of our clients' portfolios, it is in everyone’s best interests that we work as a genuine partnership. In simple terms, this means that as our clients’ investments prosper, then so will our own fortunes – good news for all concerned.
