Border Managed Service

In addition to our full discretionary service for higher net worth clients, the Border Managed Service is for clients of selected financial advisors with smaller portfolios of between £40,000 and £150,000. Portfolios are still managed by Border on a discretionary basis but these portfolios are managed with reference to model portfolios which allows us to provide our services at an affordable cost to clients. The service is designed to provide a well resourced and cost effective equivalent of an in-house Investment Management department of a large firm of financial advisers.

The Border Managed Service aligns our own expertise with that of the financial adviser, in the best interest of the investor. The advantages to the financial adviser are:

• Reduced compliance risk
• Greater sophistication
• Improved service to the client
• Retain client control.

Through this service, we look after both normal Portfolios and ISAs through distinct models, allowing the intermediary to select the profile which best suits their clients’ investment needs:

• Income
• Balanced
• Growth

Initial investments must be in cash

Costs of the Service

In cases where an Intermediary introduces a total of more than £2m, Border generally charges NO initial fee. Otherwise, the Fees for this service are simply;

• An Annual Charge of 1.5%pa (includes Commissions and Administration fees)
• Minimum Fee p.a £480
• Exit Fee (over first 3 years) 1%

Note that 3rd Party Dealing Commissions are not covered by Border’s charge and normally amount to around 0.5% of deals. Also note that all Border charges are subject to VAT.

Introducer’s Commission

Border will collect initial and/or renewal commissions on behalf of the Introducer according to the fee scale they have agreed with their clients.