Private Portfolio - Non Discretionary Service

This service is designed for clients who want to make investment decisions with their adviser to meet specific investment requirements but also want the management and reporting structures of a fund.  It allows the client access to FSS Advisory’s full range of research and investment expertise, whilst maintaining final approval over all investment decisions. The client can monitor their portfolio through transparent management and reporting structures, similar to a fund.  The advantages are:

• Through direct ownership your investments are customised to suit your requirements and there is complete transparency of your portfolio’s underlying investments and any associated fees.
  
  
• All client assets are held in the client’s name not in a generic fund.  Portfolio recommendations will be in accordance with the asset allocation detailed in the client’s Statement of Advice.
  
  
• Tax advantages given investors are able to tailor and implement tax planning strategies with their adviser that managed fund investors may not be able to duplicate.
  
  
• Portfolio Administration Services encompassing comprehensive quarterly and annual portfolio reporting.  Details of all client portfolio securities are entered on our Premium Portfolio Management software system and comprehensive quarterly reports are forwarded to clients at the end of March, June, September & December.  Updates are available at other times on request at no additional cost.
  
  These reports cover the following areas;
  
  
  • Portfolio Valuation
    
    
  • Transaction Summary
    
    
  • Cash Management Trust Account Summary
    
    
  • Income Received, including Imputation Credits
    
    
• Clients can also view their portfolio at all hours via FSS Advisory’s secure website.