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Nominee Service
Looking after your clients' share portfolios can be time consuming and confusing. To help financial advisers, accountants and solicitors focus on their client relationships, our Nominee Service is ideal. It means you have peace of mind by handing over the responsibility of managing all your clients' share certificates to our experienced and professional staff. It’s a simple, cost efficient way of handling the settlement of transactions.
How does it work?
When dividends or interest on investments are received, they are either retained on the client's account or paid out, depending on your instructions. We will send you and/or your client an annual statement of holdings, so that you can keep track of their investments. With the Nominee Service we will not be able to offer clients the option of taking scrip dividends or shareholder perks, however, a Consolidated Tax Voucher will be issued shortly after the end of each tax year, showing the amount of tax that has been deducted from dividends and interest.
A summary of how the Nominee Service can help?
- reduce dealing charges
- save time on paperwork
- improve security of your shareholdings
- increase the effectiveness of your portfolio
- simplify dividend payments
- save time and money on tax returns and accountancy fees