The nationwide independent financial advice and fund management firm One Four Nine Group today announces the launch of its Tax Efficient Alternative Investment panel exclusively for all its Locations and advisers, with due diligence support from independent investment research firm Hardman & Co.
The panel, which was established following a comprehensive screening of product providers and fund managers, deploying a differentiated diligence and assessment criteria exclusively developed by One Four Nine, will allow the Group’s suitable clients to invest in small-cap/unquoted companies that benefit from the tax underpinning that is enshrined in legislation.
The One Four Nine panelled solutions are delivered by a variety of carefully selected fund managers and include investment opportunities in the Government backed Seed Enterprise Investment Scheme (SEIS), Enterprise Investment Scheme (EIS), Venture Capital Trust (VCT) plus non-AIM Business Relief (BR) arrangements.
With preferential pricing terms for One Four Nine clients only, the panel also includes a One Four Nine Sustainable Growth EIS offering.
The introduction of this suite of products to One Four Nine advisers and their clients is a key milestone for the Group, whose leadership team have significant and well-regarded experience in the alternative investment landscape. They identified strong demand within the adviser community for central assistance with navigating what can often be a complex area – one which many financial practitioners lack bandwidth and resource to explore independently.
Matthew Bugden, Chief Executive Officer, commented: “We firmly believe in the benefits that can come from tax efficient small-cap investing for the right client, but the expertise required to access alternative investments is not always readily available in the wider IFA sector. One Four Nine is uniquely positioned to alleviate the administrative, due diligence and regulatory burden of identifying suitable product providers and solutions, as well as helping our advisers understand when a client’s risk profile could benefit from investing in the UK small-cap market.”
“I am delighted to launch this Tax Efficient Alternative Investment panel as we commence rolling out our Adviser Toolkit and build upon our mission to offer a progressive infrastructure and research capability for the benefit of our advisers, the paraplanning teams and of course, the clients. Tax efficient alternative investing is an extremely valuable service to offer and our collaboration with Hardman & Co has ensured the product providers we feature share our values and commitment to excellence in client servicing.”
“There are many financial advice firms currently wrestling with their own succession planning, but who are simply reluctant to sell their valuable firm and sophisticated clients to an acquirer who cannot continue to advise confidently on tax efficient alternative investments. One Four Nine fully understands the value that tax efficient investing can bring for appropriate clients and this expertise, internal infrastructure and panel process coupled with our significant available capital makes One Four Nine a very compelling suitor for the more complex advice business.“
Matthew recently spoke to Hardman & Co about the importance of offering access to alternative investment products, the type of clients who can benefit from these solutions, and why it is important to facilitate investment into the UK’s ecosystem of small-cap start-ups. The podcast interview can be accessed here.