Services
Q. Are you truly independent?
A. Yes, Speirs and Jeffrey is wholly owned by it's current, serving Directors. In over one hundred years there have only been 17 Partners/Directors at S&J, 8 of whom are in the business today.
Q. Where is my nearest office?
A. Our only office is 36 Renfield Street, Glasgow G2 1NA. Having a single base means that we are able to make decisions quickly and implement them effectively.
Q. How do I become a client?
A. Please telephone 0141 248 4311 to speak to one of our advisors. They will arrange to meet with you or if more convenient to discuss your requirements over the telephone. If you like our approach and wish to become a client then we will send you a client agreement letter.
This agreement is very straightforward and will specify the services that we will provide, the objectives and risk parameters that you have set and the charges we will make.
Q. What paperwork will you require?
A. Before we can begin to transact on your behalf we will also need to receive appropriate proof of identity and residence. This is a regulatory requirement which all financial service companies must comply with.
Q. How much do I need to invest to become a client?
A. There is no minimum amount. We do however have a minimum commission charge for transactions.
Q. How do you charge?
A. In most cases we take our remuneration in the form of commission on transactions undertaken on your behalf. If you use our ISA or nominee services, however, there are relatively small annual charges that apply as we have to incur unavoidable costs to provide them.
Q. Do you make an annual management charge?
A. Except in some very specific cases, we make no annual charge for investment advice. We may make one-off charges if we are asked to perform work beyond our normal service (additional valuations for example) but we will always agree such charges with you in advance. A management charge is levied on ISA investments.
Q. How much control do I have over my investments?
A. You can choose how much control you wish to have. With our advisory service we will only deal on your behalf with your express permission. With our discretionary service you give us the power to deal on your behalf within predetermined guidelines.
