Please select from below to see the answers to the most frequently asked questions on our Private Client service.
Frequently asked questions
Tell me more about Intelligent Money
Intelligent Money is an FCA Authorised and Regulated investment management firm, ISA plan manager, pension (and SIPP) provider and the UK’s largest intermediary-only SIPP Provider.
Established in 2002 we have been entrusted with over £2bn of asset on behalf of c. 25,000 clients.
Intelligent Money is privately owned, has no debt (or private equity partners) and banks with Coutts & Co.
How do you keep your charges so low?
The simple answer is that there are several factors.
We usually have a minimum investment criteria of £100,000 per client (with certain exceptions) and therefore don’t have to inflate our fees to cover dealing with smaller investment amounts.
This means that none of our clients are subsidising other clients.
We also do not offer (and therefore have no liability for) personal advice (see the next question).
Finally, we are completely privately owned. We don’t have to answer to external shareholders.
Do you provide financial advice?
No. Our Private Client service is non-advised. This is another reason we can keep our costs so low.
You will, however, have a named Private Client Manager available to provide you with information, guidance and support so you can be confident you are making the right decisions.
Your Private Client Manager can work with you on all aspects of your financial planning (not just your investments with Intelligent Money) and you will have their direct mobile number and email address.
They are happy to work over the phone, the internet, or face to face and you dictate this.
Is my money safe with Intelligent Money?
Yes, although the value of your investments can (and will) rise and fall with market movements.
All pension assets are held in Trust and Custodianship and all ISA assets are held via a Nominee and under Custodianship.
This means your assets are completely ring fenced and held separately from the assets of Intelligent Money.
Are there any additional charges?
The one off initial transaction charge of 1.5% covers all costs of opening your accounts and processing transfers in, lump sum investments and regular contributions.
The 0.57% to 0.87% (depending on your investment selection) annual charge covers all costs of running your investments (including the underlying investment costs and trading) together with pension and ISA administration (including HMRC reporting), basic rate tax relief reclaims on pension contributions and any income tax deductions on pension draw down payments.