Wellian announces 100% corporate growth

Wellian Investment Solutions announces 100% corporate growth since Q1 2014

Today, Kent based discretionary fund manager Wellian Investment Solutions has announced 100% corporate growth since Q1 this year. The firm has partnered with two new adviser firms in August taking the total client base from 17 in January to 36 at the end of last month. Assets under management (AUM) for the firm currently stand at £180m as of 31 August 2014.

Wellian’s clients include Begbies Chartered Accountants and Prismatical Wealth. Both firms have said that they decided to partner with Wellian as a result of the flexible and adaptable service offered via the firm’s model portfolios.

Eric Clapton, Managing Director of Wellian Investment Solutions says:

‘We are pleased to report that we have doubled the number of firms we are working with in the first half of this year and that number looks set to grow. What makes us stand out from our competitors in the market is that we adapt our product offering to suit the adviser’s perspective on the investment landscape and are able to provide added flexibility with our model service that is so important for small to mid-sized advisers.’

Roy Goodman of Begbies Chartered Accountants says :

‘Wellian’s model portfolios tick every box for us as a small firm because they operate across a wide number of different platforms and are adapted to suit a wide range of different client needs and attitudes to risk. As a firm, they have the added advantage of being local to us which was important when we were choosing a DFM to partner with as we wanted to ensure that we would have as much interaction with our investment manager as possible.’

 Graham Laverick of Prismatical Wealth says:

‘Whilst we are not based locally to Wellian, we were especially attracted to their model portfolios which give our clients a high quality investment solution matched to our risk and suitability process. Online access to portfolios allows us to benefit from real time information.’

Why small DFM’s have a competitive advantage

Smaller discretionary fund managers (DFMs) now have a greater competitive advantage over bigger providers in the current market, according to Wellian Investment Solutions, as they are able to offer advisers a service that presents better value for money in a market where fees are already under significant downwards pressure.

Latest figures from Defaqto have shown that increased competition in the discretionary fund management market has recently led to a sharp drop in fees, with particular pressure on pricing for managed portfolio services on platforms. However, Wellian Investment Solutions says DFMs will need to compete on other areas aside from price if they are to survive the current market.
Chris Mayo, investment director at Wellian Investment Solutions, says small DFMs are able to compete on other areas besides price by offering a service that presents better value for money and greater flexibility than the options available for managed model portfolios with larger firms.
Mayo says: “In a market where all DFMs have been slashing fees to attract assets, advisers are looking to other factors to help them decide who to partner with aside from which provider is simply the cheapest. Advisers are clearly looking to pay less but they also want to know that they are getting a good value service, especially if they are also running a small business. For that reason, smaller DFMs definitely have the competitive advantage in today’s market, as we have to work much harder for our fees.”

5 things you need to know when choosing a DFM

In the post RDR landscape, financial advisers are increasingly looking for ways to outsource efficiently and cost effectively. However, the number of DFM firms operating in the market has grown substantially in the last few years, which has in turn, made the decision over whom to partner with increasingly challenging for IFA’s.

In response to this, Wellian Investment Solutions has released its’ specialist industry checklist prepared and designed exclusively for financial advisers who are looking to work with a Discretionary Fund Manager. The checklist aims to objectively assist financial advisers in the decision making process when it comes to choosing a suitable DFM for their clients, as wells as helping advisers avoid common pitfalls by providing five simple and practical tips for identifying a quality firm of investment managers to work with.

Chris Mayo, Investment Director of Wellian Investment Solutions says:

‘The growing burden of increased regulation and compliance has meant that advisers are progressively looking to outsource where possible. This has resulted in a larger number of DFM’s operating in today’s market; providing advisers with plenty of choice. However, it has also meant that many advisers are now finding this decision even more challenging and initially overwhelming. For that reason, we hope that this consolidated checklist will act as a handy guide for advisers who have decided they need to outsource.’

To download the checklist please click below:


Regional Stars

On 6 March 2014, Wellian Investment Solutions were announced as the winners of the Citywire Regional Stars Awards 2014 for the South and East region, beating Brooks Macdonald, Investec Wealth and Rathbone Investment Management to the award.

These awards are voted for by financial advisers, with wealth managers ranked on investment outcomes, client reporting, relationship management and efficiency of service for their intermediary clients. 

We would again like to thank all the advisers who took the time to vote for us, as it truely reflects our position as a regional investment manager working with adviser partners.

Three Awards for Excellence in Portfolio Management

We are delighted to announce that Wellian Investment Solutions have won three awards at the Portfolio Adviser Wealth Manager Awards 2014 this week, which recognise firms for their excellence in portfolio management.

Wellian won the top Platinum Award for Best Cautious Portfolio, as well as winning the Gold Award for both Best Balanced Portfolio and Best Aggressive Portfolio in the boutique category which recognise firms with assets of up to £3 billion under management.

Winning three awards across different performance categories shows that our excellent investment performance is being delivered consistently across our range of portfolios.

The Awards were judged by an independent panel with expertise in wealth manager selection, using quantitative data provided by the wealth management companies themselves, and with summary analysis from Enhance Group. Boutique and large firms were awarded separately, and awards were given to those wealth managers who the judges felt were best suited to running new client money today, and looking ahead over the coming years, rather than simply being rewarded for past achievements.

The judges included experienced individuals from leading financial planners, law firms, accountancy practices, consultancy businesses and trust companies who were all charged with placing private client investment mandates with wealth management firms.

This recognition further builds on our other recent achievements with Wellian being shortlisted twice in the 2013 Citywire Investment Performance Awards where we were named as one of the top four firms in the UK in the ‘Best Overall Small Firm’ category, as well as being one of the top performers in the ‘Best Cautious Portfolio’ category.

Recognised for Excellent Investment Performance

We are proud to announce that Wellian Investment Solutions have been shortlisted twice in the 2013 Citywire Investment Performance Awards that recognise excellent investment performance across the wealth management industry.

Citywire, in conjunction with Asset Risk Consultants, have showcased the best in the industry with their annual Wealth Manager Awards announced on 7 November 2013. This year, Wellian Investment Solutions has been named as one of the top four firms in the UK in the ‘Best Overall Small Firm’ category.

Competing against firms of all sizes, the team has also been commended as one of the top performers in the ‘cautious portfolio’ category, thanks to the success of its Conservative Model.

Eric Clapton, managing director of Wellian Investment Solutions, said “We’re really honoured to have received these two accolades. The awards are based on real portfolio performance over 3 years within agreed risk parameters, so this shows how focused we are on providing steady, reliable performance for our clients.”

This recognition builds on other achievements when earlier this year, the company was championed as a regional expert in the Citywire Wealth Manager Regional Stars Awards. Hundreds of financial advisers across the UK ranked individual wealth management offices on four criteria: investment outcomes, client reporting, relationship management and efficiency of service. Wellian Investment Solutions was shortlisted as one of four businesses chosen in the South East and East of England region.