IN­VESTEC WEALTH & IN­VEST­MENT

Financial Mail - Investors Monthly - - Cover Story -

IN­VESTEC DID NOT PRO­VIDE US with any in­for­ma­tion on its ser­vices, lim­it­ing our abil­ity to as­sess the bro­ker. Nev­er­the­less, from our past re­search it is clear that it of­fers an ex­cel­lent ser­vice, par­tic­u­larly fo­cused on high-net worth clients.

The bro­ker­age of­fer­ing is well in­te­grated with the rest of the bank, so it can seam­lessly use client port­fo­lios as se­cu­rity against lend­ing and pro­vide an in­te­grated ser­vice for bank­ing clients. It is par­tic­u­larly good with com­plex clients re­quir­ing struc­tur­ing, hedg­ing and other fi­nan­cial en­gi­neer­ing. The bulk of clients (58%) de­scribe them­selves as tra­di­tional in­vestors who con­trib­ute reg­u­larly to a port­fo­lio, while the firm is also at­tract­ing a fair num­ber of young savers (30%).

In­vestec clients were ef­fu­sive in their feed­back. Over 80% use the bank’s web­site to place their trades and most make their own buy­ing and sell­ing de­ci­sions. Most say the ser­vice is ex­cel­lent, though some com­plain about the costs.

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