Nothing is deployed before the policy is agreed.
Before a single pound moves, we agree an investment policy statement with you. It records the objective, the time horizon, the exposures we may use, the limits we may not cross and how often you will hear from us.
That document is the reference point for every later decision. If a change is needed, it is your written instruction that makes it, not a quiet drift in how the portfolio is run.
Decisions are taken by committee rather than by an individual, and the reasoning is minuted. A file that records why we acted is what allows anyone, including you, to judge the process later.
One agreed document, not a folder of assumptions.
Objectives, permitted exposures, liquidity needs, tax considerations and reporting cadence all live in one place. It is short enough to read and specific enough to be tested against.
- ·Agreed and signed before capital is deployed
- ·Changed only on your written instruction
- ·Tested against the portfolio at every review
Reviewed by people who did not make the decision.
Independent review is the part most firms treat as paperwork. We treat it as the control that protects you, because a decision nobody can question is a decision nobody can correct.
- ·Committee minutes for every material decision
- ·Conflicts register maintained and reviewed
- ·Escalation route that does not depend on goodwill
What fiduciary discipline actually looks like.
- Investment policy statementRequired before deployment
- Decision makingCommittee, minuted
- Changes to mandateClient instruction in writing
- ConflictsRegistered and reviewed
- Client moneyHeld separately from firm assets
See the wider governance framework.
Fiduciary duty sits inside a broader control environment covering risk, reporting and escalation.