Discretionary Portfolio Management
This is where the client wishes us to actively manage their investments and is happy for us to make changes at our discretion.
The process here is for us to establish the relevant facts, including the client's objectives and attitude to risk. The investments in question are then usually placed in the name of a nominee company.
Hart Brown are then responsible for all administration in relation to the investments, including maintaining histories of purchases and sales, arranging sales and purchases when we consider this to be appropriate, dealing with corporate actions (e.g. company takeovers), collecting dividends and interest payments and maintaining a cash account.
Portfolio income can be distributed to the client or added back to the portfolio, depending upon the client's wishes.
Half yearly valuation reports are provided to enable the client to keep up with the portfolio's progress.
At the end of the tax year, we provide a consolidated tax certificate for use by the client in preparing their tax return.
Our Trust Section can help with the preparation of personal tax returns, if so desired.
For further information please contact:
Hart Brown Solicitors are a leading law firm throughout Surrey and in London, with offices in Cobham, Cranleigh, Guildford, Godalming, Woking and Wimbledon Village.
