Stocker brokers Redmayne-Bentley in Fornham All Saints has pledged not to follow an industry trend of increasing the minimum portfolio size required for discretionary or advisory clients.
Branch manager Sarah Motley said an announcement from Barclays’ Wealth and Investment division had advised that its discretionary management service would be no longer available to clients who have less than £100,000 in assets.
“At Redmayne-Bentley the emphasis has always been on providing a personal service, regardless of the portfolio size,” she said.
“We welcome any investors who feel undervalued by their current provider and who would be interested in switching to us for a truly bespoke service.
“Clients who put their faith and investment decisions in the hands of our investment managers can take comfort that they will receive a totally bespoke service from professionals who have a true interest in stock picking and asset allocation rather than being fitted into a model portfolio, or having a portfolio constructed from in-house buy-lists, or in-house funds.
“Unlike many of our competitors, we’ve been able to absorb the implications of retail distribution review and grow as a firm as well. This has allowed our investment managers to not only provide the same excellent service that our clients have come to expect, but it has also meant that we haven’t had to increase our charges and fees, or the way in which they are levied.”
Redmayne-Bentley is a national stockbroking and investment management firm with almost 40 branchesand wass named the Financial Times & Investors’ Chronicle ‘Stockbroker of the Year’ in 2011 and the City of London Wealth Management Awards ‘Best ISA Provider’ in 2012.