"My husband and I are delighted with the service and help we have received from N&G. All our meetings have been followed up with a concise and easy to understand report and it is a real convenience to be able to go online to see our portfolios at any time. They offer a very efficient service and nothing has been too much trouble."
Our Platform
We implement our recommendations and ongoing N&G Private Client service through our WRAP platform. The platform provides a complete online system, combining an administration platform and an investment transaction platform in one place, with a clear and transparent charging structure. This allows us to efficiently administer a wide range of investment funds within different tax wrappers on your behalf, and means we can quickly and efficiently administer your investments without the restrictions and delays that normal life company transactions can have.
Within the platform all of the tax wrappers are merely investment shells within which many individual fund managers and funds can be held. This means that a complete portfolio can be created, using the same funds as holding a number of different unit trusts or OEICs with different fund managers, within all of the tax wrappers within the platform. This will greatly simplify the administration of your investments, as you will have one platform valuation for all of your investments instead of the number of different statements you would receive holding the funds with individual fund managers or separate investment products. When providing ongoing advice and service to clients we often switch funds, due to changes in client's objectives or risk profile, or because there has been a change in the fund management. The ability to change investment funds cost efficiently, and administratively efficiently on the platform where there is an open range of funds within all main tax wrappers is very important, instead of being restricted by a maximum number of funds per product or a restricted range of funds as is common in normal investment products. We are not discretionary fund managers, and we will therefore not make any transactions without your authority. We will always give you advice by making a recommendation to you and will seek your signed agreement before making any changes on your behalf. Once you have given us your instruction and agreed to our advice we will make the transaction on the platform on your behalf.
If your assets are listed on our platform we will provide you with a login access to either a single or a consolidated account, which will enable you to login to your portfolio though our web site. You should then be able to access your account online at any time, where you will be able to view a live valuation, review your platform transactions, and review the performance of your investments over any time period. When your platform is set up you will need to sign the user terms and conditions, but once the platform is set up there will be no further paper application forms to sign, except for authorities to transfer over existing investments. When purchasing new investments or making changes to existing investments we will only ask you to sign a copy of our paper recommendation schedule for our file, and all the physical applications to add new monies to the platform, or to sell or purchase investments, are made by us directly onto the platform on your behalf.