All adviser firms have clients that do not require regular face to face meetings and reviews. This may be due to a simple personal preference, a time limitation or financial viability.
Whatever the reason, advisers are now required to have in place an appropriate service proposition for all clients – including those for whom the traditional advice route may not be suitable or appropriate – in order to meet FCA requirements.
Intelligent Money’s target dated IM Optimum portfolios are an ideal solution for such clients as risk management, asset allocation and investment management all operate internally and in unison. We recognise however that our minimum investment criteria precludes many clients with smaller fund values from accessing this service.
To this extent we have put in place our Managed Direct programme. This allows advisers to side-step our minimum investment levels when seeking to move groups of individual clients to Intelligent Money.
You can use the Managed Direct programme to meet your regulatory responsibilities for these clients (and attract new clients wanting a digital connection) as a Direct Offer proposition.
Equally, you can advise initially and then sit back whilst Managed Direct runs all investment management on your behalf.