Discretionary portfolio management

We believe that a successful working relationship needs to be based on mutual trust and understanding. As a private client of NW Brown you will benefit from a one to one working relationship with a member of our investment management team. Your appointed manager will take time to build up a comprehensive picture of your circumstances, carefully establishing your investment objectives and related matters such as your tax status.  Once this process has been completed a bespoke strategy, designed to meet your specific needs and incorporating tax efficient vehicles such as ISAs, will be implemented. Any changes that may be necessary can be carried out without prior reference to you, but will always be in keeping with the agreed investment policy.  We will hold regular investment reviews to ensure the continuing suitability of your policy.

Our views on asset classes, sectors and individual stocks are distilled into a framework which is used by the investment managers to structure portfolios. Within this framework, we operate a series of controls to limit the amounts that can be invested in any one stock or sector, but the final composition of each portfolio is left to the appointed manager. We find this approach works well as it enables us to combine our overall strategy with our knowledge of your requirements as an individual.

Effective management needs to be backed up by efficient administration and reporting. We prefer to carry out the majority of administration in-house and to this end use our own nominee company to hold clients’ investments. All cash is held in interest bearing accounts with the Royal Bank of Scotland. Clients who require an income can opt to receive monthly or quarterly payments made directly to their bank accounts; or any income received can be retained for investment.

We keep you in touch with the progress of your portfolio by issuing:

• Notifications of transactions
• Six monthly portfolio reports
• Comprehensive annual tax statements

Portfolio reports often form the basis for a meeting between the client and manager, but clients can look at their portfolios at any time using our secure internet link - www.nwbrown-online.co.uk.

For more information on the discretionary managed service, or to arrange an initial meeting with one of our investment managers, please see our become a client page.

One click to Contact Us: investment.management@nwbrown.co.uk