We offer our clients a choice in the way in which we manage their invested funds; either through our discretionary service or advisory service. The portfolio breakdowns you can view via the Investment page on our site relate to our discretionary service.
Discretionary Investment Management
As a result of our experience and investment qualifications, our financial regulator permits us to manage your investments without your active involvement in the process. This is known as discretionary management and requires you to contractually delegate the management of your invested capital to Cumberland Place, enabling us to make portfolio changes on your behalf, in line with our Investment Committee recommendations.
Our Investment Committee includes the partners, our research analysts and external investment professionals. With the benefit of extensive research and regular meetings with industry experts, the Investment Committee agrees and regularly reviews the portfolio asset allocation for each respective risk profile.
Whilst the investment process is autonomous, you will have a dedicated adviser to manage our relationship with you, enabling regular investment reviews and ongoing financial planning when required.
Prior to the initial investment taking place, your adviser will discuss with you the underlying objectives for your investment, and most importantly, agree the level of risk you are able or willing to take. Thereafter, we will manage your portfolio within this risk profile, subject to annual review. We continually analyse risk, volatility and correlation between asset classes within each portfolio, in order to ensure the risk and asset allocation remains appropriate.
You will receive printed valuations at least biannually and you will be able to view your portfolio allocation and daily valuations via internet access at any time. Further details about our investment process and Investment Committee are available on request.
Advisory Investment Management
If you prefer to take a more active role in managing your funds, or prefer not to delegate managing your funds to others, we are also able to offer an advisory management service for your consideration. In this scenario, you will also have a dedicated adviser to manage our relationship with you, but the interaction will be different.
In the first instance, your adviser will discuss with you the underlying objectives for your investment and agree the level of risk you are able or willing to take. We will then make a written recommendation for the most suitable portfolio to meet your needs, providing details of each fund and the identifiable risk factors. You will need to confirm in writing to us that you wish to proceed with the recommended investments, prior to us making any purchases within your portfolio.
Thereafter, your adviser will arrange review meetings to discuss and agree any potential changes to the portfolio, which will again require our written recommendation and your prior written approval for changes to be effected. No changes can be made to your investment without your prior agreement in writing.
You will receive valuations at least annually and may also be able to have internet access (depending on how your assets are held) so that you can view your portfolio when it suits you.