Cost-effective platforms for SIPP and ISA S&S holdings

itm2

Thanks. I've just trawled through my list with Interactive Investor (as they were the next cheapest after iWeb for my situation) and they have everything on the list.
Oh and yes, the size of the portfolio justifies this level of diversification - but thanks for the advice ;0)

kidmugsy

itm2 wrote: »

Thanks. I've just trawled through my list with Interactive Investor (as they were the next cheapest after iWeb for my situation) and they have everything on the list.
Oh and yes, the size of the portfolio justifies this level of diversification - but thanks for the advice ;0)

You're surely not intending to keep a portfolio of that sort of size with just one provider are you? What if you select the Patisserie Valerie of platforms?

itm2

kidmugsy wrote: »

You're surely not intending to keep a portfolio of that sort of size with just one provider are you? What if you select the Patisserie Valerie of platforms?

You make a very good point of course. Step 1 is to get the hell out of of AJ Bell. Step 2 will be to explore diversification options, although no more than 2 platforms!

MK62

itm2 wrote: »

Hmmm....yes I've just discovered that - 12 out of my 51 chosen investments aren't avaiable on iWeb (representing about 30% of the value of my portfolio).

It might be even more than that.......some still show as available on the iwebsharedealing site, but if you try to buy, you might get the message that they "no longer allow trading" on this investment....

eg
https://www.markets.iweb-sharedealing.co.uk/share-centre/investment-trusts/details/PCTN/GB00B0LCW208/-1

Says it's available in SIPP, ISA, and Share Dealing accounts, with a big "INVEST" button on the page.......but if you log into your account and try, you can't.

It's really not very professional tbh.......

Alexland

itm2 wrote: »

You make a very good point of course. Step 1 is to get the hell out of of AJ Bell. Step 2 will be to explore diversification options, although no more than 2 platforms!

Think ahead otherwise you might encounter multiple exit fees. 51 investments is nuts even if you have £1m+

Alex