Centralised Investment Proposition
At Dominion Financial Management, we believe that selecting individual funds, or even deciding which areas of the world someone should invest in, is not the key role of an adviser. This may sound odd, as you would expect investments to form a part of financial planning and, of course, they do. We think the adviser’s job is not to pick funds but to ensure the level of risk within a portfolio or investment is in line with each individual client’s approach to risk, their tolerance to losses and their personal financial objectives.
Therefore, we believe investment management is best left to Professional investment managers. They have dedicated resources that focus solely on suitable investments, unrivalled access to economic data and the ability to make investments into areas that neither advisers nor their clients can access. These Investment Managers also provide a variety of solutions that we can employ to match our client’s requirements.
We do, however, put great emphasis on the research, selection, and review of the most suitable Investment Managers and their solutions that we will partner with. The factors we incorporate into that research include:
- Investment performance – The historical performance of their portfolios against their benchmarks
- Investment Process – Is their investment process and the subsequent outcomes consistent throughout the business and match our expectations?
- Risk Management – Is how they manage risk internally, compatible with our views and appropriate for the clients we introduce to them?
- Suitability – Is their investment service suitable for those clients that they engage with, and will they relate to each other?
- Transparency & Clarity – Are the fees they charge clear and appropriate for the service?
- Service, support, reporting, and communication – Can we engage easily with them, are they accessible, do they provide comprehensive and clear reporting information to us and our mutual clients? Are our clients comfortable and happy with the relationship?
- Value and cost – Are fees reasonable, in line with client expectations, do they provide value?
- Ethos – Do they have ideals and an ethos that matches our own and our clients?
To this end we have established an “Investment Committee” who meet regularly to ensure we are managing the above criteria which is core to our offering, which we call our Centralised Investment Proposition.
Environmental, Social and Governance (ESG) and Sustainable Investing Statement
Central and crucial to achieving our client’s goals is the application and success of the appropriate Investment proposition. However, it is important to action any personal considerations our clients have expressed and wish to have considered when constructing their investment portfolio.
We fundamentally believe in the impact that we, as financial advisers, and our clients, can have on the world and the need to take action to help make it a better and more sustainable place for ourselves and the generations that follow. We endeavour to apply our principles across the board in what we do.
The Ethical Investment landscape has evolved in recent years and a more progressive, integrated approach has developed which we will generally refer to as ESG and Sustainable Investing. We believe environmental and social concerns, along with financial needs, can be brought together as part of overall financial planning to have a positive impact. Working with our investment partners, we can deliver a comprehensive service that fulfils financial requirements, whilst satisfying ESG, ethical and moral views.
At Dominion Financial Management, we offer advice across the whole ESG & Sustainable Finance spectrum.
The ESG & Sustainable Finance spectrum ranges from clients who may not wish to consider ESG & Sustainability risks in their investment decisions (perhaps because their investment time-line is very short or they are investing for a specific target purpose) to clients who prefer and have objectives in line with ESG, Responsible, Sustainable, aligned to the United Nations Sustainable Development Goals (UN SDGs)* and Impact Investing, right through to Ethical considerations.
ESG – Environmental, Social and Governance Factors
What are Environmental factors?
Natural world factors and the biosphere. Includes the interaction and use of renewable and non-renewable resources (ecosystems, biodiversity, water, minerals)
Examples: Climate change, waste, pollution, deforestation, resource depletion.
What are Social factors?
Factors that affect lives of humans, communities, and management of human resources.
Examples: Employee relations, work conditions, human rights, child labour, human rights.
What are Governance factors?
Factors involving the issues within business models and industry practices which may be of interest to broader stakeholder groups.
Examples: Executive pay, bribery and corruption, board diversity.
The professional Discretionary Investment Managers we partner with, provide a variety of solutions that we can adapt to satisfy our clients’ needs.
*The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, provides a shared blueprint for peace and prosperity for people and the planet, now and into the future. At its heart are the 17 Sustainable Development Goals (SDGs), which are an urgent call for action by all countries – developed and developing – in a global partnership. They recognize that ending poverty and other deprivations must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth – all while tackling climate change and working to preserve our oceans and forests. More detailed information on the 2030 Agenda for Sustainable Development is available to read here.
Model portfolios are a cost-effective way of accessing a professionally managed diversified group of assets designed to achieve an expected return with a corresponding risk. Ideally, each portfolio has a combination of managed investments based on extensive research. These portfolios blend asset classes, investment managers and investment strategies to achieve diversification.
We liaise with our chosen Discretionary Investment Managers to offer a variety of portfolios to correspond with our clients’ financial goals and objectives.
Bespoke Discretionary Investment Management
Bespoke Investment Management is a far more personalised discretionary investment service where the client receives:
• The benefits of a professional investment management company
• A service tailored to their individual investment and tax needs
• Their own dedicated Investment Manager
• If required, regular face to face meetings
• Regular updates and ongoing information and reviews
Get in touch with us today.
You can call or telephone us on 01829 423140
Or you can email us at email@example.com
Or go to our contact page and fill out our contact form.
Dominion Financial Management Ltd are a team of independent financial advisers based in Cheshire.
We are authorised and regulated by the Financial Conduct Authority, no. 763604
We are a registered company in England and Wales, no. 09427666
Whilst every effort is made to ensure that the information contained within this page is correct, these notes are by necessity brief and of a generalised nature. We would recommend and provide specific personalised independent financial advice and investment advice prior to finalising any arrangement with you.
A pension is a long term investment. The fund value may fluctuate and can go down. Your eventual income may depend on the size of the fund at retirement, future interest rates, and tax legislation. This article is intended to provide a general appreciation of the topic, and it is not advice.