Investment Club
Many clients wish to set up and run an Investment Club with their colleagues or friends. These clubs can last decades and be a lot of fun.
If you would like to set up an account for an Investment Club account see our FAQ below for more details or please contact us to find out more.
Your investment and the capital as well as income can go down as well as up. You may not get back the initial amount invested.
Alternatively you can complete this form to set up your account now.
Frequently Asked Questions
Q. How do we telephone you if we have a question about Investment Clubs?
A. 0330 097 6228
Q. Do you accept in specie transfers of our current holdings?
A. Yes. You can select that within our online form.
Q. Are there any minimum amounts or trade quantity?
A. No.
Q. How are the assets held?
A. In safe custody with Third Financial Services owned by Nucleus (www.thirdfin.com).
Q. Do you also require photo ID and so on for KYC/AML purposes?
A. No. We carry out an electronic check. If a person does not pass we will then ask for a passport or driving licence and address ID.
Q. Are we only able to have one authorised trader?
A. No you can have more than one. Please advise us when you onboard.
Q. Do you have any minimum balance / holding for club accounts?
A. No. There is no minimum balance/holding.
Q. What are the arrangements and any costs for withdrawing funds?
A. There are no charges for withdrawing cash.
Q. All group members send regular monthly payments into a donor account can we then make a single payment from this account?
Yes, that is no problem.
Q. We hold an inactive share at the moment can this be transferred if we opened a new account or would we be unable to transfer?
A. Possibly but that would depend on the share and whether our custodian (Third Financial) would accept it.