Stock Brokers > Killik
About Killik & Co
Killik & Co is an independent firm offering Stockbroking services in addition to high quality investment and financial planning advice. Through a branch network they aim to build a long-standing relationship with their clients based on integrity, trust and accessibility. Killik & Co welcomes all types of investor and has no minimum portfolio requirement.
What to Expect from Killik & Co
Sometimes it's difficult for some clients to understand how they should be using a Full Service advisory broker like Killik & Co. They thought it would be helpful if they ran you through what your broker will do for you and how the basic processes of buying and selling stocks works.
step I - at Killik & Co they encourage all types of clients - from beginners to those who know the workings of the markets well. All clients are free to call their broker at any time and discuss investment ideas. Alternatively you may simply have a sum of money to invest and want to leave the investment side of things up to them. If you do not want the advice of the broker you can simply ask them to execute a trade. It is entirely up to you. Depending upon the type of service you elect to have, your broker will be more or less active in terms of running the account.
step II - your broker will make recommendations where relevant and you can agree or disagree as you see fit. They'll help you choose investments that suit your investment profile and financial goals.
step III - when you have decided upon the nature of the stocks you are going to buy or sell, your broker will transact the trade for you at the best price available at that time. Should you want, you can also set limits - i.e. buy or sell if a stock reaches a certain point. When the trade has been done your broker will send you a contract note confirming the details of the trade - this should reach you in a few days. They'll also send you a statement of account - it's up to you whether you receive this monthly or quarterly.
In addition to their usual services, they have developed Killik & Co Internet Services.
They have recently upgraded their online facility to allow clients access to their account online. The new facility will give you the opportunity to:
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View Portfolio Holdings
Buy and Sell
Make Cash Transactions
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Visit http://www.killik.co.uk
Stock Brokers > BestInvest
About BestInvest.co.uk
Bestinvest take a different approach to most other investment advisers. Typically, they do not receive any commission from transactions, their income is derived mainly from the value of clients' investments. In that way they avoid the potential conflict of interest that can affect the impartiality of advice. They only prosper if clients remain with them and the value of their investments grow.
Their own research analysts carry out hundreds of face to face meetings with fund managers each year. They typically discount all of the initial commission on Funds and ISAs and negotiate further discounts with the managers.
Their approach is designed for the medium to long term investor who wants to sleep easily at night but earn competitive returns.
You can purchase practically any type of investment through Bestinvest - ISAs, Unit Trusts, Investment Trusts, Shares, Insurance Bonds, Stakeholder Pensions, Guaranteed Income Bonds, Venture Capital Trusts, Enterprise Investment Schemes and many others.
Services
Execution Only
This is available to all customers. You gain the benefit of Bestinvest's research and discounted dealing terms and your portfolio can be monitored via the Client Centre section of their website.
Advisory
Organising your own investment affairs is time-consuming and requires a thorough knowledge of investment matters. Their trained advisers can take away this problem by making a bespoke recommendation for you once they have an adequate understanding of your circumstances and objectives. There is no explicit charge for this service but it is usually restricted to investors with portfolios of at least £40,000.
Pension reviews and complex financial plans may be charged on a fee basis but this will be agreed in advance with customers.
Investment Management
If you want to delegate the task of monitoring and managing your investments and your portfolio is in excess of £250,000 you might want to appoint Bestinvest as your Investment Manager. They generally charge a fee of 0.25% of the portfolio value every six months.
Visit http://www.bestinvest.co.uk
