Stock Brokers > BestInvest
About BestInvest.co.uk
Bestinvest take a different approach to most other investment advisers. Typically, they do not receive any commission from transactions, their income is derived mainly from the value of clients' investments. In that way they avoid the potential conflict of interest that can affect the impartiality of advice. They only prosper if clients remain with them and the value of their investments grow.
Their own research analysts carry out hundreds of face to face meetings with fund managers each year. They typically discount all of the initial commission on Funds and ISAs and negotiate further discounts with the managers.
Their approach is designed for the medium to long term investor who wants to sleep easily at night but earn competitive returns.
You can purchase practically any type of investment through Bestinvest - ISAs, Unit Trusts, Investment Trusts, Shares, Insurance Bonds, Stakeholder Pensions, Guaranteed Income Bonds, Venture Capital Trusts, Enterprise Investment Schemes and many others.
Services
Execution Only
This is available to all customers. You gain the benefit of Bestinvest's research and discounted dealing terms and your portfolio can be monitored via the Client Centre section of their website.
Advisory
Organising your own investment affairs is time-consuming and requires a thorough knowledge of investment matters. Their trained advisers can take away this problem by making a bespoke recommendation for you once they have an adequate understanding of your circumstances and objectives. There is no explicit charge for this service but it is usually restricted to investors with portfolios of at least £40,000.
Pension reviews and complex financial plans may be charged on a fee basis but this will be agreed in advance with customers.
Investment Management
If you want to delegate the task of monitoring and managing your investments and your portfolio is in excess of £250,000 you might want to appoint Bestinvest as your Investment Manager. They generally charge a fee of 0.25% of the portfolio value every six months.
Visit http://www.bestinvest.co.uk
Stock Brokers > Halifax Share Dealing
Halifax ShareBuilder
Halifax ShareBuilder is their innovative online monthly savings plan. It's easy to use, affordable and fun. There's no set-up charge and the cost to invest is just £1.50 per stock.
Share Dealing
|
Competitive dealing charges
No annual management fee
Nominee account
|
Self-Select ISA
It works just like a normal share dealing account - you can buy and sell shares in the same way, but the growth and returns are free from capital gains and income tax.
|
Available as a mini or maxi ISA
Invest a lump sum or regular payments
Competitive dealing charges
Deal online
Nominee account
|
Tracker Shares
Tracker shares mirror the fortunes of an index of shares, such as the FTSE 100 or S&P 500. They combine the benefits of a fund - instant diversification as your risk is spread across a whole sector - with the benefits of a share, in that they're easy to buy and sell and you receive dividends.
They are good for diversifying into many shares at the same time rather than 'putting all your eggs in one basket'. This can reduce risk. It is unlikely that an index, such as the FTSE 100 will ever fall to nil, whereas company shares can.
Visit http://www.halifax.co.uk/sharedealing
