Discretionary Fund Management
Brooks Macdonald Asset Management (BMAM) are a specialist private client discretionary fund management group focused on supporting key independent advisers in meeting the investment objectives of their clients. Established in 1991, Brooks Macdonald Asset Management is a subsidiary of Brooks Macdonald Group plc which listed on AiM in March 2005.
Brooks Macdonald's core market is Private Portfolios, Trusts, Pensions and Charities. Portfolios are managed on a discretionary basis within two distinct offerings:
- Bespoke Portfolio Service (BPS) - portfolios tailored to individual client needs and objectives for clients with more than £200,000 to invest.
- Managed Portfolio Service (MPS) - model portfolios for clients with upwards of £20,000 to invest, offering a SIPP via IPS.
Brooks Macdonald send regular valuation data to IPS to keep their records up to date.
Introduction
Differentiating Factors
Managed Portfolio Service Summary
For more information on Brooks Macdonald please visit their website www.bm-am.com
The process of opening an account with Brooks Macdonald is as follows:
- The Financial Adviser contacts Brooks Macdonald to obtain account opening forms (please specify this is for an IPS Pension arrangement).
- The Adviser completes the application terms and has these signed by the pension scheme member (client).
- Send forms to IPS with an Instruction for the amount to be Invested with Brooks Macdonald.
- IPS will countersign the forms and send these to Brooks Macdonald to open their account.
- Brooks Macdonald confirm to IPS that the account is open and IPS will transfer the funds as given in the instruction.
- Brooks Macdonald then commence management of the client's funds.
