This publication brings news about the latest offerings in the wealth management sector.

Boutique UK wealth management house EQ Investors, led by industry luminary John Spiers, announced today it has launched a service targeted at clients with at £750,000 ($1.17 million) or more to invest.

Under the new service, clients will be assigned a dedicated investment manager to oversee portfolios. The service is designed to be built on the firm’s existing range of discretionary managed model portfolios, the London-headquartered firm said in a statement.

As part of the rollout, EQ Investors has appointed Mike Neumann, formerly director of investment management at Bestinvest, to head this service.

Available on a standalone basis or in combination with EQ’s full financial planning services, the bespoke proposition offers direct relationship with the investment manager who manages the portfolio; tax optimisation across wrappers; access to a universe of investment ideas including closed-ended funds and structured products; options to run portfolios with varying risk profiles, and an online portal with 24/7 access to portfolio valuations.

The team will also be handling institutional accounts, including charities, pensions and trusts.

Spiers, who founded Bestinvest – the firm that merged with Tilney to form Tilney Bestinvest in 20014, acquired EQ Investors in October 2014. EQ has over £500 million of assets under management and advice.