Reeves signs strategic alliance with Brooks Macdonald Asset Management
Reeves, one of the major accountancy and financial services firms practicing in London and the South East of England, has signed a strategic alliance with the specialist investment manager Brooks Macdonald Asset Management (BMAM).
This alliance enables Reeves to offer its clients access to BMAM’s discretionary investment services, which have received 5 Star Ratings from Defaqto, an independent financial research company.
The services are designed to meet the needs of Reeves’ private clients and will be managed on a discretionary basis.
The Bespoke Portfolio Service is designed for Reeves’ private clients who require an individual investment portfolio constructed and fine tuned to reflect their investment objectives, tax status, attitude to risk and other personal circumstances.
The Managed Portfolio Service provides access to a choice of six actively managed, risk-rated, diversified portfolios which invest in a wide range of investments to ensure a spread of risk across the full range of asset classes. This will be available to Reeves’ clients via the Standard Life platform.
The services will be provided for Reeves within a wide range of product structures. These include:
• Offshore and onshore bonds
• SIPPs (self invested personal pensions)
• SSASs (small self administered pension schemes)
• Individual trusts
David Hurst, partner at Reeves & Co LLP and managing director of Reeves Financial Planning, says: “We are very excited to work with Brooks Macdonald Asset Management who demonstrated to us that they have a clear understanding of the needs of our business and our clients as well as the resources to deliver.
“Reeves’ clients already benefit from a wide range of services provided by our team of highly skilled and qualified professionals and the addition of the investment management expertise provided by BMAM will further enhance our status as a major provider of financial planning and wealth management services.”
Andrew Shepherd, joint managing director, BMAM, says: “We have been extremely impressed with Reeves' approach and the way in which they work with clients so are delighted that they have chosen BMAM as an outsourced investment management solution.
“We are strong believers in the mutual benefits of strategic alliances and the building of strong and trusting relationships with IFA firms and I am confident that we will enhance the service that Reeves offers to their clients. We look forward to a long and mutually advantageous relationship with the Reeves team.”
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