National IFA One Four Nine Group has launched a Tax Efficient Alternative Investment panel, including a Sustainable Growth EIS offering.
The panel was established following a comprehensive screening of product providers and fund managers using a differentiated diligence and assessment criteria developed by One Four Nine.
It will allow the group’s suitable clients to invest in small cap / unquoted companies that offer attractive tax benefits, with due diligence support from research firm Hardman & Co.
The solutions include investment opportunities in the Enterprise Investment Scheme, Venture Capital Trusts, Government-backed Seed Enterprise Scheme, plus non-AIM Business Relief arrangements. The panel also includes a One Four Nine Sustainable Growth EIS offering.
One Four Nine said the new suite of products was a “key milestone” for the group, following growing demand among advisers for greater assistance with navigating the alternative investment market.
Matthew Bugden, chief executive officer of One Four Nine , said: “We firmly believe in the benefits that can come from tax efficient small-cap investing for the right client, but the expertise required to access alternative investments is not always readily available in the wider IFA sector.
“One Four Nine is uniquely positioned to alleviate the administrative, due diligence and regulatory burden of identifying suitable product providers and solutions, as well as helping our advisers understand when a client’s risk profile could benefit from investing in the UK small-cap market.”
Bugden said the new investment panel builds upon its mission to offer a “progressive infrastructure and research capability” for advisers, paraplanners and clients.
Bugden added: “Tax efficient alternative investing is an extremely valuable service to offer and our collaboration with Hardman & Co has ensured the product providers we feature share our values and commitment to excellence in client servicing.
“There are many financial advice firms currently wrestling with their own succession planning, but who are simply reluctant to sell their valuable firm and sophisticated clients to an acquirer who cannot continue to advise confidently on tax efficient alternative investments. One Four Nine understands the value that tax efficient investing can bring for appropriate clients and this expertise, internal infrastructure and panel process coupled with our significant available capital makes One Four Nine a very compelling suitor for the more complex advice business.“
