Manager selection

The choice of investment manager can make a significant difference to a portfolio's results. Leveraging data from the thousands of portfolios we monitor, our experienced Investment Consultants are supported by highly qualified Research Analysts and operate within an independently chaired investment committee framework to ensure we consistently identify and recommend active, passive and alternative investment managers that pass our 5P research process.  Check out our People page.

We don't allocate trustee capital to lots of different investment managers to manage segregated portfolios on different platforms. This is less efficient, agile and typically much more expensive than consolidating your assets onto a single private banking platform and investing into active, passive and alternative funds run by investment managers that pass our 5P research process. It's what institutional investors do and we've brought this concept to private wealth through Select.

Yes. Our Connect platform is connected to hundreds of different investment counterparties around the world. This enables our Investment Consultants to advise trustees on platform assets and externally managed assets holistically. Once you approve our recommendations, they are implemented on our platform. Our advice also takes account of assets managed elsewhere, which we review in a more traditional way. Check out our Connect page.

Investment managers typically advise clients directly across hundreds of individual segregated portfolios, so can't be expected to deliver the same level of performance as a fund manager running a single unitised portfolio. So, Enhance focuses on advising trustees and recommending fund managers that pass our 5P research process, keeping our advice separate from investment management. Funds are also typically more tax-efficient and, crucially, make it far easier and less costly to implement manager selection recommendations and changes.

Yes. Our Select clients pay a single consultancy fee that includes our Monitor review reports and access to our Connect platform for both the trustee and family members associated with each client group. Consulting, manager selection, monitoring and platform access are all included, coordinated by your Investment Consultant. Check out our People page.

We group clients on a family basis when applying our minimum investment amount of £1m. So, if a family has multiple entities that will employ the Select service, it is the total assets across the family group that count. However, we always consider our broader relationship with trustees and future liquidity events expected by clients so we can make exceptions to our minimum.

Select clients pay a tiered percentage consultancy fee to Enhance based on the total assets we consult on. We apply a single tier to family groups so that all entities and family members benefit from their combined economies of scale. In addition, there's a flat percentage platform fee and modest admin charges levied by our private banking partner for custody and execution. A detailed fee estimate is provided before Enhance is engaged, which itemises all costs, including fund management charges.