The Federation of European Independent Financial Advisers

Are you unable to service these clients post Brexit?

At The Spectrum IFA Group we can look after your clients long term as licensed and regulated financial advisers operating in Italy.

The things you should know before you contact us for our help:

  • We specialise in financial planning for English speaking expatriates across western Europe
  • We are locally authorised in all jurisdictions in which we operate and across the entire EU (and Switzerland). Our regulatory status is unaffected by Brexit
  • We hold financial services licenses for both insurance mediation (Insurance Distribution Directive compliant) and investment advice (MiFiD compliant)
  • Established in 2003, we have 50 advisers and 12 regional offices
  • We work only with large, well known asset managers including Blackrock, Jupiter, Fidelity and Prudential. For clients with higher value portfolios we also use discretionary investment managers such as Rathbones, Smith and Williamson and Quilter Cheviot
  • As part of our terms of business, clients of The Spectrum IFA Group receive ongoing, long term service and support. All advisers live within easy travel distance of their clients
  • We are not an offshore broker. We do not use products from UK dependant territories (such as the Isle of Man or Channel Islands) as they can produce adverse tax consequences for clients living in Europe. We advise that you don’t use any of these structures for your clients if they are EU resident
  • We use only locally compliant products which are designed specifically for the jurisdictions in which our clients are based
  • We work on a transparent charging structure with all clients. Charges are deducted directly from the products and solutions we recommend. We do not invoice separately.

As the end of the transition period is rapidly approaching we ask that you contact us as soon possible to allow time for us to complete any necessary restructuring of client assets.

If your clients are resident in the EU or Switzerland, or intending becoming resident, please feel free to contact us for a no obligation discussion to determine if we can look after your clients post Brexit.

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The above article was kindly provided by Gareth Horsfall from The Spectrum IFA Group and originally posted at: https://www.spectrum-ifa.com/are-you-a-uk-ifa-with-clients-living-in-italy/