London-based accountancy firm Reeves has signed a strategic alliance with investment manager Brooks Macdonald Asset Management.
This will allow Reeves to offer its clients access to BMAM’s discretionary investment services. BMAM says the services are “designed to meet the needs” of Reeves’ private clients and will be managed on a discretionary basis.
The Bespoke Portfolio Service is designed for Reeves’ private clients who require an individual investment portfolio constructed and fine tuned to reflect their investment objectives, tax status, attitude to risk and other personal circumstances.
The Managed Portfolio Service provides access to a choice of six actively managed, risk-rated, diversified portfolios which invest in a wide range of investments to ensure a spread of risk across the full range of asset classes.
This will be available to Reeves’ clients via the Standard Life platform.
David Hurst, partner of Reeves & Co LLP and managing director of Reeves Financial Planning, said: “Reeves’ clients already benefit from a wide range of services provided by our team of highly skilled and qualified professionals and the addition of the investment management expertise provided by BMAM will further enhance our status as a major provider of financial planning and wealth management services.”
Andrew Shepherd, joint managing director of BMAM, said: “We have been extremely impressed with Reeves’ approach and the way in which they work with clients so are delighted that they have chosen BMAM as an outsourced investment management solution.
“We are strong believers in the mutual benefits of strategic alliances and the building of strong and trusting relationships with IFA firms and I am confident that we will enhance the service that Reeves offers to their clients.”
