Print this article

Tilney Bestinvest Launches One-Off Advice Service

Alice Gråhns

15 April 2016

The UK investment management and financial planning group Tilney Bestinvest, which earlier this month agreed to buy rival firm Towry, has launched a new one-off advice service.

The offering is designed to cater to clients asking for one-off advice on a lump sum or investment portfolio, as opposed to continuous advice. The service will be available to new clients and to existing users of the group’s online investment service, the firm said in a statement.

It will be available for a fee of 1 per cent of the value of assets, with a minimum charge of £500 and a maximum fee cap of £5,000. 

With the Towry acquisition, Tilney Bestinvest is creating a combined business with more than £20 billion ($28.4 billion) of assets for affluent and high net worth clients.