Services for professional advisers – WHIreland

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Services for professional advisers

We understand that you need to work hard to meet your clients’ financial objectives and that you can face a number of challenges. By partnering with us, our discretionary investment services remove the burden from you to react to fast moving markets and the changing economy, enabling you to focus on managing the relationship with your client.

How can we help you?

We offer a number of discretionary investment management services for professional advisers which are managed by our experienced investment managers and supported by our specialist research team. These services can be used alongside ISAs, personal pensions such as SIPPs, Trusts or included in an offshore bond.

As an adviser, we will treat you as our ‘client’ meaning that you will continue to retain and directly manage the relationship with your client. You will continue to have direct responsibility for your clients’ financial planning requirements and suitability, whilst we focus on managing their portfolio to meet their investment objectives.

Choose a service to find out more

Discretionary Portfolio Management

Our discretionary investment management service is one where all the day-to-day investment decisions are delegated to us, thus removing the burden from you to react to fast moving markets and the changing economy.

At a glance

Personalised
We specialise in providing a bespoke service for you and your clients, recognising that no two clients are alike. We can work in tandem with you to ensure your clients portfolio forms part of your wider financial planning.
Constant monitoring
We help you with day to day investment decisions, thus relieving you of the burden of having to react to fast moving markets and changing economic circumstances.
Professional research
By investing in a WHIreland portfolio, financial advisers and clients have access to high quality in-house and externally sourced research on direct equities, bonds and funds.
Flexibility
Portfolios may include a wide range of investments equities, bonds, unit and investment trusts, exchange traded funds, open ended investment companies (OEICS) and alternatives such as EIS and hedge funds.

Managed Portfolio Service – ‘Navigator’

If you have clients with £20,000 or more to invest, our Navigator portfolios offer four professionally and discretionary managed, risk-rated investment strategies. Navigator is designed for those individuals who want to invest a smaller initial lump sum with the flexibility of being able to make regular top ups into their portfolio.

WHIreland’s Navigator Portfolio Service provides a range of four discretionary managed model portfolios designed to meet the needs of a broad range of investors. The service provides a cost-effective way to benefit from our investment expertise in an actively managed, diversified portfolio that is continually monitored to keep within the agreed investment and risk tolerances.

The Navigator Portfolio Service may be suitable for investments held in the following:

   Personal accounts/general investment accounts (GIA)

   ISAs

   Self-Invested Personal Pensions (SIPPs)

   Trusts

   Charities

Investors are not locked into an investment strategy for the long term and have the ability to switch as circumstances change.

Four risk-rated strategies

Our four risk-rated strategies have been profiled by Dynamic Planner – the UK’s most widely used digital risk profiling and financial planning service. Dynamic Planner is used by many thousands of financial planners and a wide range of financial institutions to ensure investment suitability. Find out more about Dynamic Planner and their risk profiles here.

Risk Level Five

The service aims to deliver above average performance over the medium to long term. As a risk level five investor, you are prepared to see your capital fluctuate in value to achieve potential return on your investment, but would be cautious in your approach. You would be willing to invest in funds with some volatility and accept that capital loss can occur. Your funds would be spread over a number of asset classes, including fixed interest, alternatives with exposure to property, and UK & overseas equities.

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Risk Level Six

The service aims to deliver above average performance over the medium to long term. As a risk level six investor, you are prepared to see your capital rise and fall in value, to achieve a better return. You accept that in order to achieve this, your capital is subject to fluctuation, and accept that capital loss can occur. Your funds would be spread over a number of asset classes including fixed interest, property, alternatives, UK and overseas equities.

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Risk Level Seven 

The service aims to deliver above average performance over the medium to long term. As a moderately adventurous investor, although not totally adventurous in your investment decisions, you would be prepared to accept that your capital could suffer a high degree of capital volatility or loss in order to achieve your objective. Your funds would be spread over a number of asset classes, mainly UK and overseas equities with some limited investment in fixed interest, alternatives and property.

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Risk Level Eight 

The service aims to deliver above average performance over the medium to long term. As a moderately adventurous investor, although not totally adventurous in your investment decisions, you would be prepared to accept that your capital could suffer a high degree of capital volatility or loss in order to achieve your objective. Your funds would be spread over a number of asset classes, mainly UK and overseas equities with some limited investment in fixed interest, alternatives and property.

  DOWNLOAD LATEST FACTSHEET

 

Protecting your clients’ assets

Our Inheritance Tax Portfolio service helps a client pass on more of their wealth by investing in Business Relief qualifying companies quoted on the Alternative Investment Market (AIM).

Business Relief qualifying assets that are held for a minimum of two years are exempt from Inheritance Tax (if still held upon death).

Inheritance Tax

Inheritance Tax (IHT) is currently levied at 40% of the value of the client’s estate above the nil rate threshold – £325,000 for an individual and £650,000 for a married couple (or civil partnership)*. One way to minimise their potential tax liability is to own an investment portfolio of shares in IHT exempt smaller companies for two years or more upon death.

Investing on AIM (the London Stock Exchange Alternative Investment Market) carries greater levels of risk than investing on the FTSE100. We therefore follow a clearly defined investment process; identifying high quality growth companies on valuations that we deem to be attractive.

How the service works 

  • The WHIreland IHT Portfolio Service invests in a bespoke, well diversified portfolio of between 15 to 35 securities, quoted on the AIM market, that potentially qualify for Business Relief (BR) if held for at least two years prior to death.
  • The IHT Portfolio is managed by an experienced Investment Management team supported by our specialist in-house research analysis. In addition there is oversight by an in-house IHT stock collection committee.
  • All holdings are reviewed by Philip Hare Associated, an established tax consultancy to assess they are Business Relief compliant.
  • Minimum investment of £50,000, no maximum. Additional investments can be made after the original investment.
  • Full or partial withdrawals can be made at any time, but the IHT exemption only applies if shares held at the date of death.
  • The securities are valued as at the date of death. Where 100% Business Relief is available, the securities are exempt from Inheritance tax.

To minimise the burden associated with monitoring and administering the investments, our Inheritance Tax Portfolio Service is offered on a discretionary management basis, thereby providing specialist investment management as well as the range of usual benefits associated with our standard discretionary service.

*Correct as at 17 October 2019

Our expertise

 Our four values IHT Website

Understanding the risks

Like all investments, it is possible that shares could fall in value as well as rise. Other risks to consider are;

  Investments carry varying degrees of risk which means the client may get back less than they originally invested when they come to sell their investments.

  Tax treatment is dependent upon the client’s personal circumstances and tax rules may change in the future meaning tax relief cannot be guaranteed.

  Tax relief is subject to the AIM companies we invest the client’s money into maintaining their qualifying status.

  AIM shares are likely to be more volatile than shares in the London Stock Exchange FTSE 100.

 An AIM Portfolio may be suitable if;

  A client is prepared to invest in higher risk shares and accept a high degree of volatility in their investments.

  They are seeking an IHT mitigation scheme that can be effective after as little as two years.

  On their death, the value of their estate (everything they possess and own outright) exceeds the £325,000 personal allowance (the upper limit for IHT nil rate band from April 2012 (the personal allowance)). This has been frozen until the 2020/21 tax year. Please note that this does not include the potential use of the residential nil rate band.

  A client does not want to lose control of, or access to, their capital.

  They are seeking a straightforward, transparent, less expensive IHT mitigation scheme where there is no need to establish complex, opaque and costly legal arrangements.

Key benefits of working with us:

Day-to-day active management of your clients’ portfolios, adjusting as markets and their requirements change, ensuring a suitable strategy remains in place to meet their objectives.
Secure online access available 24 hours a day, 7 days a week to view real time valuations, contract notes and performance data.
Direct access to our highly experienced investment managers.
Custody facilities for the safekeeping and administration of investments.
Individual Savings Account (ISA) tax wrapper at no extra cost.
Regular income payments either to your clients’ nominated bank account or to their portfolio for reinvestment.
An annual tax package including capital gains computation and consolidated tax certificates.
Facilitation of adviser charge.
Monthly investment commentary email, keeping you up to date on key global market developments from the previous month.

Find your local WHIreland office

We have eight offices based regionally across the United Kingdom, and internationally in the Isle of Man

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Contact us to find out how we can help you and your clients

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To find out more call us on 0800 877 8866