Platform Recommendation for a Ltd Company

Mazarron

Hi everyone,

I am looking to invest around £1M+ and prefer not to DIY the investment and instead prefer the idea of a managed portfolio of funds, such as Vanguard's Lifestrategy portfolio. I understand the risks and have done some research and a little self-education, and also engaged with several FA's and IFA's. It appears that some of the platforms don't offer business accounts, such as Vanguard, which up until now was my preferred choice.

My question is; can anyone kindly recommend a platform, that offers business accounts, that has a reasonable level of customer service, which is important to me, and has relatively low costs? Hargreaves Lansdown suggest a combined annual charge of 1.74% for their Multi Manager Balanced Portfolio, and Fidelity with their Select 50 Balanced fund @ 1.19%.

Thank you in anticipation.

dunstonh

What tax wrapper are you planning to use?

What method of taxation is your limited company on? - it can impact on which tax wrapper is best.

Hargreaves Lansdown suggest a combined annual charge of 1.74% for their Multi Manager Balanced Portfolio, and Fidelity with their Select 50 Balanced fund @ 1.19%.

That is not a sensible way to compare with whole of market platforms as you are using different assets.  So, a chunk of that charge difference will be down to the assets and not the platform.  (and an IFA would likely beat both of those on their service by being under 1% all in)