The Federation of European Independent Financial Advisers (Feifa) has announced a partnership with Tavistock Wealth, the UK-based and FCA-regulated investment manager.
The key asset Tavistock brings to the partnership is its mechanism that protects 90% of clients’ portfolios.
According to the federation’s chief executive, Paul Stanfield, it “can provide a unique investment portfolio protection for our advisers and their clients”.
Simon Pettitt, distribution manager at Tavistock Wealth, will be leading up the relationship with Feifa.
“Our investment offering includes a portfolio that benefits from a 90% contractual capital guarantee from Morgan Stanley,” Pettitt said. “This guarantee tracks growth in the portfolio, enabling investors to limit their initial downside, as well as lock-in 90% of any future upside.”
Currently, Tavistock, a subsidiary of Tavistock Investment, manages over $1.3bn (£1bn €1.1bn) of assets and is the 38th company to partner with Feifa.
Feifa announced on 4 January that it has partnered with Jupiter Asset Management, which will see the company help Feifa members with training and professional development.
Feifa is a non-profit trade association representing English-speaking IFAs working across Europe. It was launched in 2009 by Europe-based IFAs and advisory firms. Member companies range from life insurance, asset managers and pension and trust companies.
