GBIM appreciates the importance of maintaining and enhancing the relationships that intermediaries have with their clients.
These processes often can be based largely on the intermediary’s existing records. WiP is designed to be straightforward and flexible. Most clients will have a direct relationship with their GBIM Investment Manager, with the intermediary being copied in with regular reports as requested. On the other hand some clients may be managed for the most part by their Intermediary with GBIM remaining very much in the background. An initial meeting between the client, intermediary and GBIM is important as part of the KYC procedure and trust buildingprocess, and to agree clear objectives and risk parameters (see below).
We can transfer existing investments from other stockbrokers and banks into clients’ portfolios with us without encashment where the transferor allows this.
We will provide regular valuations and accompanying statements along with our comments on the performance of the client’s investments during the period. A comprehensive annual report incorporating a consolidated tax voucher and capital gains tax report is provided at the financial year end, to assist with the preparation of the client’s tax return.
The mailing of all or a selection of client correspondence is flexible. Any number of advisers and trustees can be copied in. All GBIM clients have two investment managers and one should be available at all times. Formal and informal meetings are arranged as required.
We collect all dividends and interest on the client’s behalf and can arrange for income to be paid into the client’s designated bank account on a regular basis. We can offer standing order and drawdown facilities to the client’s designated bank account. Alternatively we can accumulate income for periodic payments or reinvest it.