Bestinvest is a leading investment advisory business which looks after more than £4 billion of client assets for 50,000 clients. Bestinvest specializes in providing investment advice, financial planning and wealth management services.
- Investment Broking
Bestinvest provide access to investment funds (unit trusts and Open Ended Investment Companies) from across the whole of the market. These are offered at discounted prices. Bestinvest also promotes specific tax-advantaged ‘wrappers’ in which these funds can be held e.g. Individual Savings Accounts (‘ISAs’) and Self Invested Personal Pensions (‘SIPPs’).
To help guide clients, Bestinvest provides web-based tools and issue product information, Independent Investment Research, market commentary and example portfolios. In providing these Bestinvest are not giving a tailored ‘personal recommendation’ or suggesting that a particular fund, wrapper or investment strategy is suitable for your specific personal or financial circumstances.
In some cases, Bestinvest will also provide with independent advice. This will focus on the investment strategy and recommend funds from the whole of the market for meeting investment objectives.
- Financial Planning
Bestinvest financial planning services aim to assess needs and identify individual’s financial goals. Bestinvest then makes recommendations accordingly. This includes strategic advice on meeting individual’s financial planning goals, where recommendations for specific products are made, this will be independent advice with the available products drawn from across the whole of the market – including fund groups and insurance companies.
- Investment Management
Bestinvest offers two portfolio management services. For clients with portfolios from £100,000 – ‘funds only management’ service is based around a funds supermarket platform and invests only in unit trusts and OEICs. For clients with portfolios from £250,000 Bestinvest offers a full discretionary management service that may include listed securities (eg. Listed shares, Investment Trusts or shares listed on alternative markets) or exposure to unregulated collective investment schemes.
Both services work on the basis of client agreeing investment objectives with an investment manager who will then exercise his discretion in buying, selling or holding investments to meet client’s objectives.
The quality of services has been recognized many times by the national press, industry peers and – most importantly by clients.
- In December 2011, readers of the Financial Times and Investors Chronicle voted Bestinvest not only the Self Select ISA Provider 2011, but also the Best Advisory Stockbroker 2011.
- Earlier in 2011 the same readers also voted Bestinvest the UK Wealth Manager of the Year and Best Wealth Manager for Investments.
- Money Marketing judged Bestinvest to be the Best Discretionary Adviser 2011.