To us there are no foreign markets. Intermediary Services

Transcription

1 To us there are no foreign markets. Intermediary Services

2 N W INVESTMENT OUTCOME WORKING IN PARTNERSHIP ONTARIO, CANADA Working in tandem with intermediaries we offer a real business to business partnership with additional benefits, to not only you the adviser but ultimately to the underlying client. We firmly believe that the best results are achieved by pulling together.

3 Where will our partnership take you? This document is directed at investors categorised as professional under the rules of the Financial Conduct Authority and is not intended for onward distribution to retail clients. 1

4 About Canaccord Genuity Wealth Management When your clients invest with Canaccord Genuity Wealth Management they have access to a broad array of wealth management solutions, to simplify their busy life and help them achieve their financial and lifestyle goals. Our investment professionals manage and administer over 11 billion* of assets on behalf of over 12,000 clients from offices in London, Guernsey, Isle of Man and Jersey. We offer a range of core wealth management services that includes: Portfolio Management Advisory Broking Wealth Management We are a wholly owned subsidiary of Canaccord Genuity Group Inc., a publicly traded company under the symbol CF on the Toronto Stock Exchange and the symbol CF. on the London Stock Exchange. Canaccord Genuity Group Inc. is a leading, full-service financial services firm operating in wealth management and capital markets. *as at 30 June

5 Giving our partners priority Our attention to building long-term relationships helps us understand the needs of our intermediary partners, providing the peace of mind that their clients investments are being managed appropriately. We are tireless in our pursuit of our clients success and to this end we are constantly advancing, evolving, and creating value. Our focus on intermediaries, as evidenced by our dedicated intermediary portfolio management and relationship team, ensures our services have the flexibility to suit your clients requirements, from outsourced discretionary portfolio management to execution only stockbroking services. Lawyers, Accountants, Trust Companies, IFAs and other third party introducers can access our services directly or through a range of offshore bonds, wrap platforms, SIPPs, ISAs and QROPS which you have recommended or selected for your clients. Whether your client invests via our custodial platform or via a third party platform, our goal is to work with you to help you exceed your clients expectations. The value of investments and the income from them can go down as well as up and investors may not get back the amount originally invested. 3

6 N W INVESTMENT OUTCOME A SUPERIOR SERVICE, QUEENS CLUB Our aim is to help you deliver an outstanding level of service to your clients. At Canaccord Genuity Wealth Management we allocate you and your client, your own personal relationship manager, providing a professional, intimate level of service. 4

7 Our investment process Asset Allocation Risk Management Bonds Cash Portfolio Construction Securities Tailored Portfolios ADVISER Equities Funds CLIENT Alternatives ETFs VCT/EIS Investment Trusts Meeting your clients individual requirements and achieving the best possible investment returns for their chosen level of risk is our goal. Our award-winning centralised investment process, which is fundamental to the service we provide, guides the investment thinking of your Canaccord Genuity Wealth Management portfolio manager. The depth of resource and experience we employ is utilised to the greatest possible extent through the interaction of a number of investment committees; in combination, each will contribute to the portfolio positioning which is adopted across our range of investment solutions. Our investment process is built upon a global asset allocation framework. We undertake Due Diligence on potential investments. Investments are selected from the open market by our in-house experts to provide clients with a range of quality investment opportunities. Portfolios are constructed efficiently from our approved lists of suitable investments. Risk is measured through a proprietary approach to portfolio risk management. We ensure the clients portfolio consistently matches their investment objectives as selected by you. 5

8 Intermediary services Discretionary Portfolio Management GPS Optimized Portfolios We offer a Discretionary Portfolio Management Service where we will build and run a personalised portfolio on your clients behalf. You will have a dedicated portfolio manager, who is committed to fulfilling your clients investment needs in line with their stated risk profiles, investment objectives and their personal circumstances. The discretionary portfolios invest in individual stocks and bonds and other alternative asset classes. They also invest in third party investment funds for added diversification and access to the world s best managers. One of our key differentiators is the risk driven nature of our investment approach. We understand the need to determine an investor s objectives and recognise that managing a portfolio in line with the risk objective as the primary goal, not chasing short term returns, is of paramount importance. GPS Optimized Portfolios are a unique investment solution, providing a powerful tool for managing volatility and risk which can complement any wealth strategy. At Canaccord Genuity Wealth Management we recognise that reducing the risk to your client s invested capital is the cornerstone of a complete investment strategy. Through the development of our proprietary risk model which incorporates the Market Stress Indicator (MSI), we have created our Optimized Portfolios, which aim to insulate the core of your client s investments from dramatic market highs and lows. Our proprietary, volatility led process is only available from Canaccord Genuity Wealth Management. The Optimized portfolios are adjusted to help achieve your client s investment objectives while endeavouring to cap risk, and therefore reduce the magnitude of loss, at the risk level suited to their investment objective. The process underpinning our approach has been recognised as a best-in-class investing discipline. Our successful investment strategy received the Gold Standard Award for Discretionary Portfolio Management in 2012 and 2013, as well as a five-star rating by independent research firm Defaqto in 2014 and The investments discussed in this document may not be suitable for all investors. Investors should make their own investment decisions based upon their own financial objectives and financial resources and, if in any doubt, should seek advice from an investment advisor. No products offered by Canaccord Genuity Wealth Management provide capital protection, we aim to cap volatility to indicative tolerance levels however, this cannot be guaranteed. 6

9 Managed Portfolio Service Inheritance Tax Portfolio Service Our Managed Portfolio Service (MPS) provides a range of risk-rated discretionary portfolios for clients who do not require a tailored portfolio. For a recommended minimum investment of 100,000 your client can gain access to the level of resource usually reserved for high net worth discretionary clients. We offer a range of seven portfolios that invest in collectives and ETFs; and seven MPS direct portfolios that invest directly into UK equity, funds and bond holdings. The MPS portfolios are accessible either directly or via a third party platform. As part of our continued commitment to supporting you, the adviser, we have the ability to map the models to the risk profiling tools of our intermediary clients, such as Distribution Technology, to support your assessment of suitability. Our Inheritance Tax (IHT) Portfolio Service is a clear and efficient model designed to reduce inheritance tax whilst providing growth potential to enhance your clients legacy. The IHT Portfolio Service invests in a diversified portfolio of established, profitable companies selected from the Alternative Investment Market (AIM). Under current rules, shares in certain companies trading on AIM are treated as business property and eligible for a tax relief known as Business Property Relief (BPR). Once these AIM companies have been held for a period of two years, they are no longer considered part of an estate in the IHT calculation. The IHT Portfolio Service is actively managed, so if we no longer deem the underlying investments suitable or they are no longer eligible for Business Property Relief, we can sell them and reinvest the proceeds into another qualifying company without the two year period restarting. The Inheritance Tax Portfolio Service should be regarded as high risk as it exclusively invests in equity securities listed on AIM. Portfolios will therefore have a significant exposure to small capitalisation stocks. By their nature small capitalisation stocks have more volatile prices and may have poor or no liquidity. The portfolio is therefore exposed to significant capital losses. The current Inheritance Tax rules and tax treatment of AIM shares may change in the future. We strongly recommend that clients discuss their financial arrangements with their tax adviser before investing, as the value of any tax reliefs available is subject to individual circumstances. 7

10 N37º5 59 W8º8 33 INVESTMENT OUTCOME IMPROVING YOUR HANDICAP, PORTUGAL We aim to deliver consistent, risk-adjusted returns for your clients, enabling you to navigate a clear path to the green, avoiding the rough. 8

11 Complementary services for Intermediaries We have developed a range of services designed to complement and enhance our core investment proposition Charity Investment Services We have a long history of managing investments on behalf of charities and we offer a range of wealth solutions driven by a comprehensive understanding of specific needs of charities and their trustees. Tax Efficient Investments Pension Fund Management We manage pension funds on behalf of institutions who wish to take advantage of our international investment perspectives, combined with our third party fund selection experience. Final Salary and Defined Benefits Pension Schemes Leveraging our experience of working with corporate clients, we have experience in managing final salary and defined benefit schemes. Working closely with the Scheme Trustees and Actuaries through an agreed series of regular meetings we can advise on the efficient investment management of Pension Schemes. Offshore Services For intermediaries such as Trust Companies, Fiduciary Companies and Tax Professionals we can offer: Discretionary Investment Management Individuals are increasingly encouraged to save and invest. We offer guidance on a range of tax efficient products and have experience working with advisers to manage assets within efficient products and structures. Tax benefits depend upon the investor s individual circumstances and clients should discuss their financial arrangements with their own tax adviser before investing. The levels and bases of taxation may be subject to change in the future. Capital Markets Canaccord Genuity, our capital markets division, is a leading independent investment bank with a global presence. With offices in 10 countries and the ability to list companies on 10 exchanges worldwide, we take pride in our ability to deliver a genuinely global perspective and opportunities to grow the value of businesses and investments. We are committed to building lasting client relationships, generating innovative ideas and delivering value for clients throughout the business life cycle. Advisory Broking Advisory Portfolio Management Access to a full range of multi-asset, multi-manager offshore funds Please note that accounts that are held offshore may be through an affiliated or third party and may not benefit from UK investor protection rules. 9

12 Portfolio risk management Managing clients risk in today s world is more challenging than ever. As the world has become more inter-connected, different asset classes are increasingly behaving in a more similar, or correlated, fashion resulting in less diversified, or higher risk, portfolios. Our solution to this problem challenges conventional thinking about portfolio diversification and recognises that markets behave differently from each other when in different states, often resulting in a bold approach to portfolio construction. Whilst we believe that asset allocation is the main driver of investment returns, this framework helps us stay true to our investment philosophy; to grow our clients wealth, but with a focus on risk management. 10

13 N41º E9º19 23 INVESTMENT OUTCOME STAYING ON COURSE, MEDITERRANEAN Designed to ensure our investment views are consistent with your clients investment objectives, our risk framework is fully integrated into the portfolio construction process with the aim of navigating volatility and staying firmly on course. 11

14 A clear advantage At Canaccord Genuity Wealth Management we believe collaboration is fundamental. We work in synergy with dedicated professional advisors, who share a common goal to help clients protect and grow their assets. Each professional complements the other. This can help strengthen a truly holistic client proposition. Benefits to Professional Advisers A dedicated team with a wide range of expertise who can provide a personal service to you and your clients. A structured, robust and disciplined investment process with one aim to help achieve your clients goals and manage risk. Access to a wide range of expertise and investment solutions. We can operate with you in multiple ways, take on the risk and suitability of the investments held, let you retain suitability, or a hybrid of the two. Efficient use of resources and time balanced with regular communications. Most importantly, satisfied clients. Benefits to Clients We can help with investment decisions and allow clients to focus on what really matters. We allocate a client their own personal relationship manager who will harness the wider capabilities of Canaccord Genuity Wealth Management. Our main area of focus is client needs and objectives. Clients can feel valued with a personal service. Peace of mind. 12

15 Maximise the value to your business Business Investments Adviser Three interconnected worlds Create a lasting relationship Services Manage your clients assets Canaccord Genuity Wealth Management CONSIDERS and monitors Changes to investment climate and market Client To benefit the client Changing legislative and regulatory environment Changes in client needs IFA ADVISES and monitors 13

16 Our values We are driven by our core Company values and recognise that building lasting relationships is the key to delivering results to our clients. We put our clients first. We develop deep trust with our clients through detailed consultation, appropriate investment ideas and value-added services. A good reputation is our most-valued currency. Integrity and respect for client confidentiality are the basis of all our relationships. Ideas are the engine of our business. Our originality in the generation of quality ideas for clients and for ourselves positions us ahead of the global competition. We are an entrepreneurial, hard-working culture. We believe that highly qualified, motivated professionals working together in an entrepreneurial environment results in superior client service and shareholder value. We strive for client intimacy. The more detailed our understanding of our clients needs and objectives, the better positioned we are to meet them. We are dedicated to creating exemplary shareholder value. We are committed to aligning the interests of our people with fellow Canaccord Genuity shareholders through share ownership. We believe that ownership motivates the ideas and efforts that lead to value creation. To us there are no foreign markets. Our clients benefit from our truly global perspective. We deliver insightful, actionable ideas from both local and international markets through our continued pursuit and evaluation of global opportunities. 14

17 Accolades and awards Good reputations are built on expertise, experience, results and satisfied clients. We are proud that investors and the financial industry recognise the quality services we provide in the UK and Europe. Please note that Awards received prior to 2013 were awarded to Collins Stewart Wealth Management, which was acquired by the Canaccord Genuity Group Inc in

18 Contact Our Intermediary team are here to help with any questions and can give you more detail on the services that they provide. Please contact them on: United Kingdom 41 Lothbury London EC2R 7AE T: +44 (0) E: canaccordgenuity.com 16

19 Important information Investment involves risk. The investments discussed in this document may not be suitable for all investors. The value of investments and the income from them can go down as well as up and investors may not get back the amount originally invested. Where investment is made in currencies other than the investor s base currency, the value of those investments, and any income from them, will be affected by movements in exchange rates. This effect may be unfavourable as well as favourable. This document is for information purposes only and is not to be construed as a solicitation or an offer to purchase or sell investments or related financial instruments. This has no regard for the specific investment objectives, financial situation or needs of any specific investor. Investors should discuss their financial arrangements with their own tax adviser as the value of any tax reliefs available is subject to individual circumstances. Levels and bases of taxation may change. Global Portfolio Solutions (GPS) are a range of investment solutions developed by Canaccord Genuity Wealth Management to cover a variety of investment needs. Optimised Portfolio Solutions are some of the models that sit within this. This service was previously known as REMAP Canaccord Genuity Wealth Management (CGWM) is a trading name of various companies within the Canaccord Genuity Group. In the UK, this document is communicated by Canaccord Genuity Wealth Limited (CGWL). CGWL is authorised and regulated by the Financial Conduct Authority and is a wholly owned subsidiary of Canaccord Genuity Group Inc. with their registered office at 41 Lothbury, London, EC2R 7AE. CGWL is registered in England no Services in other countries are provided by other members of the group. Canaccord Genuity Wealth Management ( CGWM ) is a trading name of Canaccord Genuity Wealth (International) Limited ( CGWI ) which is licensed and regulated by the Guernsey Financial Services Commission, the Isle of Man Financial Supervision Commission and the Jersey Financial Services Commission and is a member of the London Stock Exchange and the Channel Islands Securities Exchange, CGWI is registered in Guernsey no and is a wholly owned subsidiary of Canaccord Genuity Group Inc. Registered office: Trafalgar Court, Admiral Park, St. Peter Port, Guernsey, GY1 2JA. Please note that the offshore affiliate is not FCA regulated or authorised and does not benefit from FCA investor protection rules. As part of the Canaccord Genuity Wealth Management service, you may receive tax advice, please note, provision of this service is not regulated by the Financial Conduct Authority. CGWM does not make any warranties, express or implied, that the products, securities or services mentioned are available in your jurisdiction. Accordingly, if it is prohibited to advertise or make the products, securities or services available in your jurisdiction, or to you (by reason of nationality, residence or otherwise) such products, securities or services are not directed at you. CGWM and/or connected persons may, from time to time, have positions in, make a market in and/or effect transactions in any investment or related investment mentioned herein and may provide financial services to the issuers of such investments. INT001 Intermediary Services March 2015

20 canaccordgenuity.com Australia Canada China France Guernsey Ireland Isle of Man Jersey Singapore United Kingdom United States The company of the Canaccord Genuity group of companies through which products and services are offered may differ by location and service. See for more information.