View more on these topics

Chase de Vere moves into discretionary services

Portfolio-Bonds-Investment-Business-700x450.jpgChase de Vere is launching a discretionary model portfolio service in the first half of 2018.

The advice firm currently only offers advisory services, but is in the process of seeking FCA permissions for the planned discretionary service.

It is recruiting a head of portfolio management for its office in Bath to run the new service. They will join the research and technical advice services team, which conducts fund and investment research for Chase de Vere advisers.

Chief executive Stephen Kavanagh says: “We have seen increasing demand from our clients for a discretionary investment service and more of our competitors are offering them. We need to continually adapt and improve our services to meet the demands of our clients and I see this launch as a natural evolution and enhancement of our advice and investment proposition. We will be able to offer our clients a discretionary or advisory investment choice depending on their requirements.

“We are well placed to offer this service as we have over 200 independent financial advisers across the UK and billions of pounds of assets under advice. However, we want to ensure that we also provide a market-leading investment service and so, while we have many technical and investment experts at Chase de Vere, we are actively looking for an experienced investment professional to run our discretionary services.”

Chase de Vere says charges will be competitive compared with other discretionary investment services.



Chase de Vere acquires specialist financial planning firm

Chase de Vere has acquired specialist financial planning firm Medical Money Management. The firm, which advises medical and dental professionals, has eight offices ranging from Exeter to Glasgow. 30 IFAs will join Chase de Vere through the acquisition alongside another 50 staff. Chase de Vere did not disclose the cost of the deal. Medical Money […]


Advisers question DFM fees’ value for money

Advisers are split over whether DFM fees represent good value for money with 42 per cent arguing they do not, according to a Money Marketing poll. 38 per cent of advisers believe DFM fees are good value for money, but a fifth of respondents remain unsure. The FCA is currently looking at DFMs’ role in […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment