Coutts has launched a Discretionary Portfolio Service (DPS), providing clients with a minimum of GBP1m to invest direct access to the firm’s investment expertise.
Clients will be offered a dedicated DPS portfolio manager who, together with a Coutts wealth manager, will work with the client to define their investment objectives and risk profile.
Clients will then be placed into one of three investment strategies – defensive, balanced or growth. Each strategy is designed to maximise returns, while managing risk, in line with its specific objectives.
The portfolio manager will take responsibility for the on-going management of the investment. As well as third party funds, Coutts may invest in individual shares, bonds, exchange-traded-funds and collective investment schemes.
The discretionary portfolio service team is headed by Simon Pinckney, who has more than 25 years’ experience in financial services. He leads the team of portfolio managers, all of whom have extensive investment experience.
Pinckney says: “DPS is an exciting proposition which enables us to better serve the needs of clients. It is part of the evolution of our broader investment offering including the Coutts multi-asset funds which launched earlier this year. As financial markets continue to be volatile, our understanding of clients, their banking and financing needs, wealth objectives and risk profile is critical to meeting their objectives and is at the heart of all our investment decisions.”
