Manager selection

The difference between selecting good and bad investment managers can be gamechanging. 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 best-in-class active, passive and alternative investment managers.   

We don't allocate your 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 managed by the best investment managers in the world. It's what institutional investors do and we've brought this concept to private wealth through Select.

Yes. The beauty of our Connect platform is that it is connected to hundreds of different investment counterparties around the world. This enables our Investment Consultants to advise you on platform assets and externally managed assets holistically. We always execute our manager selection recommendations on our platform, but these will account for the assets managed elsewhere which we can consult on in a more traditional way.

Investment managers who advise clients directly across potentially hundreds of individual segregated portfolios can't be expected to deliver the same level of performance as a fund manager running a single unitised portfolio - it's not rocket science. So, Enhance focuses on advising clients and selecting the best fund managers, separating the 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 - we don't double charge. Our Select clients pay a single advisory fee that includes our top-tier Monitor review reports and access to our Connect platform for both the fiduciary and family members associated with each client group. Select really does have all bases covered from an advice, manager selection, monitoring and platform perspective, all coordinated by an experienced Investment Consultant.

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 counts. However, we always consider our broader relationship with fiduciaries and future liquidity events expected by clients, so we can make exceptions to our minimum. We're a pragmatic bunch. 

Select clients pay a tiered percentage advisory fee to Enhance based on the total assets we advise on. We apply this single tier to family groups so that all entities and family members benefit from their combined economies of scale. In addition, there is 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 that transparently itemises all costs, including fund management charges.