Service Level Options for Portfolios / Funds

Written By Jonathan Sheahan

Investment Firms have 3 distinct service levels from a Compliance point of view when managing a Fund or Portfolio:

  • Discretionary: Investment decisions within the Portfolio / Fund are made without consulting the client each time a transaction (buy or sell) takes place.

  • Advisory: Clients are consulted in advance of any change to the Portfolio for them to agree or disagree with the proposed change. Clients can also suggest changes to Portfolios and have a dialogue with the Investment Firm / Financial Advisor.

  • Execution-Only: All Investment decisions are made by the Client and the Investment Firm / Financial Advisor do not provide any advice.


Jonathan Sheahan
Managing Director of Compass Private Wealth, Dublin
www.CompassPrivateWealth.ie
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