Tavistock Investments (Ticker: TAVI) is an AIM market listed financial services group, the principal activities of which are investment management of financial assets and a financial advisory network of Independent financial advisers (IFAs). The corporate objective is to capture and consolidate targeted areas of the financial advisory market by building a network of advisers through acquisition and organic growth into which in-house investment management can be offered. Using this capability the group hopes to be able to transfer assets under management from within the network to the Tavistock investment management business such that they are able to retain both advisory and management fees on an increasing scale. The benefits of this model, viz scale leverage, cost efficiency and added-value are expected to be offered back to advisers, clients and shareholders through respective competitive fee structures, through investment management performance and through residual profit retention and distribution. The group currently reports Assets under Advice (AuA, or AuI - Assets Under Influence) of c.£4.0bn and manages AuM (Assets Under Management) of c.£500m, of which advisory is c.£180m and discretionary c.£320m. Through acquisition it is estimated the group has acquired gross c.£3.65bn of AuA and c.£375m of AuM since 2013. The Tavistock advisory business operates with more than 320 advisers supporting 70,000 UK clients making it amongst the top 1% of UK advisory firms. Advisers and clients are primarily UK based or resident. With the current client asset base the company estimates that c.75% of net revenue can be considered recurring income.
24 Oct 2016
Overview - Tavistock Investments
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Overview - Tavistock Investments
Tavistock Investments PLC (TAVI:LON) | 4.8 0 0.0% | Mkt Cap: 26.6m
- Published:
24 Oct 2016 -
Author:
James Dolman -
Pages:
10
Tavistock Investments (Ticker: TAVI) is an AIM market listed financial services group, the principal activities of which are investment management of financial assets and a financial advisory network of Independent financial advisers (IFAs). The corporate objective is to capture and consolidate targeted areas of the financial advisory market by building a network of advisers through acquisition and organic growth into which in-house investment management can be offered. Using this capability the group hopes to be able to transfer assets under management from within the network to the Tavistock investment management business such that they are able to retain both advisory and management fees on an increasing scale. The benefits of this model, viz scale leverage, cost efficiency and added-value are expected to be offered back to advisers, clients and shareholders through respective competitive fee structures, through investment management performance and through residual profit retention and distribution. The group currently reports Assets under Advice (AuA, or AuI - Assets Under Influence) of c.£4.0bn and manages AuM (Assets Under Management) of c.£500m, of which advisory is c.£180m and discretionary c.£320m. Through acquisition it is estimated the group has acquired gross c.£3.65bn of AuA and c.£375m of AuM since 2013. The Tavistock advisory business operates with more than 320 advisers supporting 70,000 UK clients making it amongst the top 1% of UK advisory firms. Advisers and clients are primarily UK based or resident. With the current client asset base the company estimates that c.75% of net revenue can be considered recurring income.