Advanta Wealth Wrap
A key part of implementing a Wealth Management Plan is the use of a platform that allows us to manage your investment portfolio in an efficient and effective manner.
The Advanta Wrap is a secure, online account that brings all of your investments and pensions together, allowing you to view them all in a single place.
Your investments can include stocks and shares, ISAs, Self Invested Pension Plans (SIPPs), Onshore and Offshore Bonds and a General Investment Account. Each of these types of investment are called “tax wrappers” and within each wrapper, you can select from a range of investment options from hundreds of fund managers or listed investments including direct equities and ETF’s. The Advanta Wrap account gives you online access to these, with an easy to understand charging structure. So rather than holding all of your ISAs, pensions and other investments in different places, a wrap lets you view everything at a single glance, cutting down on paperwork, giving you a clearer picture of how your entire portfolio is performing and putting you in control of your investments.
Our wrap solution also delivers value for money by allowing us to access funds at a discount to normal retail pricing.
Normally, all initial charges have been discounted to nil from typically 4% to 5%. Substantial discounts have also been negotiated on the annual charges. For example, if you were to purchase a fund directly, the AMC levied by the fund management company for a balanced portfolio would typically be 1.5%. However, in our wrap, a discount of 0.75% has typically been negotiated. This is rebated to your client account on the wrap.