A new and independent way to wealth management

Transcription

1 A new and independent way to wealth management

2 The impact of technology/wrap on Adviser distribution & advice TISA Presentation Paul Boston Sales Director, Novia Financial plc March 2009

3 Why launch a wrap now The market is changing & picking up pace quickly Life company With Profits Capital Units Transactional Adviser Platform Bundled costs Too restrictive Full Wealth Management Wide range of investment instruments: ETFs Structured Products Institutional Funds Alternatives Equities Servicing Adviser Product Sale Solution Based Advice

4 Novia Team Founder Directors Bill Vasilieff, CEO Paul Boston, Sales Director Richard Denning, Operations Director Shaun Allwright, Business Development Director Clear Vision Manage clients wealth Increase margins in adviser business Manage business risk Wealthy Backers Entrepreneurial, self made Funded through to profitability Chairman Sir Anthony Cleaver

5 Technology InfoComp Benefits Transactional History CGT reporting tool White labelling Client valuations including note pad Management Information The best wrap built around the best technology

6 Cash Facility IFA Discretionary Manager Cash Novia Charges Authorised Funds F&C ETFs Equities Shares Investment Trusts Alternatives Matrix ABL Fund The Louis Group Structured Key Data Clients benefit from complete transparency

7 Model Portfolios X time Model Portfolio A B Existing Clients B New money C

8 Gross Nominee Offshore Bond Novia Gross Nominee Interest paid gross Platform/Wrap Net Nominee 20% tax deducted

9 Gross Nominee SIPP SIPP Novia Gross Nominee Interest paid gross Platform/Wrap Net Nominee 20% tax deducted

10 Gross Nominee Other areas where Gross Nominee relevant Charitable Trusts Corporate Investments Non-Resident Investments

11 Investment tools Novia tools two examples

12 Model portfolio comparison Home / Select product wrapper/ Plot client s funds Wrapper: General Investment Account Risk and return chart Select product wrapper Add another fund Print comparison Select another wrapper Fund A name Back to homepage

13 Portfolio Scanner

14 Application Process 5 Days App completed App Posted App Processed High risk, high unit cost

15 Application Process 5 Minutes App completed online App Summary Produced App Processed Significant reduction in unit cost

16 Conclusion The market is changing and picking up pace quickly Clear vision, market knowledge and wealthy backers Filling significant gaps

17 This document is intended to provide information for professional advisers only and is not intended for onward transmission to clients. The information contained herein is the copyright of Novia Financial plc and may only be copied incidentally when viewing it on our website or to print single copies for internal use of those authorised to view it. Novia does not provide advice and whilst all reasonable care has been taken to ensure the accuracy of information provided, the information is not warranted to be accurate or complete and has been drawn by Novia from sources which are also not warranted to be accurate and complete. Advisers must therefore seek their own compliance/legal advice before relying on the information provided in this document. Where investment performance or taxation information is provided, Novia informs you as follows: (1) no investment decision should be made in relation to any of the information other than on the advice of a professional financial adviser; (2) You should not use past performance as a suggestion of future performance. It should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise. You may not get back the amount you invested. (3) Tax concessions are not guaranteed, their value will depend on individual circumstances and may change in the future. (4) Fund performance data is based on a bid to bid basis and doesn t take into account fees and expenses which are specific to individual plans. Novia Financial plc is a limited company registered in England & Wales. Register Number: Registered office: Cambridge House, Henry St, Bath, Somerset BA1 1JS. Novia Financial plc is authorised and regulated by the Financial Services Authority. Register Number: