Financial services firm Ramsey Crookall & Co Ltd focuses on offering asset management and custom investment services.
Rolled out in 1946, it is the oldest independent stockbroker and investment manager firm in the Isle of Man.
The company serves independent financial advisors (IFAs) as well as individual investors.
The key on this platform is that in the expat market, it’s essential to appoint the right advisor who constructs portfolios effectively.
If you are looking to invest as an expat or high-net-worth individual, which is what I specialize in, you can email me ([email protected]) or WhatsApp (+44-7393-450-837).
This includes if you are looking for alternatives or a second opinion.
Some of the facts might change from the time of writing, and nothing written here is formal advice. So, potential investors shouldn’t invest or decide not to invest based on this Ramsey Crookall review alone.
For updated guidance, please contact me.
Ramsey Crookall Overview
The platform services offered by the company are reasonably priced and particular to the IFA market.
They provide online reporting tools that make it simple for IFAs to keep an eye on several accounts, increasing the openness and effectiveness of client asset management.
All of the major international markets and a few emerging ones are directly accessible through Ramsey Crookall, including:
- Europe
- North America
- Asia-Pacific
- Australia
- South Africa
They can trade ETFs, stocks, fixed income securities, unit trusts, and offshore funds on any approved international exchange, with settlements in all major currencies.
Ramsey Crookall Services
Ramsey Crookall Investment Management
The business develops investment plans based on the targets, risk appetite, and projected deadlines of each client.
In order to guarantee that clients’ investments are protected and properly managed, the firm offers secure custody for both UK and foreign assets.
Stockbroking Services
- Advisory Stockbroking: Ramsey Crookall allows customers to keep control over their trading choices while getting professional guidance on potential investments. Those who want advice but still want to be fully engaged in their investment decisions might find this service desirable.
- Execution-Only Services: The firm also offers these services to clients who want to trade independently, allowing them to do so without the need for advisory guidance.
Charity and Pension Management
Managing investments for charitable organizations is another area of expertise for Ramsey Crookall. Their customized pension asset services, such as Self-Invested Personal Pensions or SIPPs, to give customers greater oversight over their retirement funds.
Ramsey Crookall Shearwater
This is a discretionary fund management service available to both new and seasoned investors. It enables them to make investments in the form of lump sums or monthly contributions.
ESG considerations are all part of Shearwater’s investment plans.
Customers can begin investing with at least 100 British pounds a month.
Clients can efficiently monitor performance thanks to the investment models’ benchmarking against pertinent indices from Managed Portfolio Indices.
A daily-updating online valuation system allows clients to keep an eye on their investments.
Ramsey Crookall Account
Anyone can open an account, including firms, trusts, charities, and pension funds.
To set up an account, individuals need:
- A certified copy of your valid passport
- A recent utility bill
- A bank statement showing your sort code and account number
For businesses, they need extra documents like:
- Annual report & accounts
- Certificate of incorporation
- Memorandum & Articles of Association or trust deed
You can use a direct bank transfer to pre-fund your Ramsey Crookall account.
Ramsey Crookall Fees
- Custom Management Service: With a transaction fee of 50 pounds per trade, the fee is 1.25% annually for accounts worth at least 500,000 pounds.
- Stockbroking Services: There is a minimum fee of 20 pounds per trade, and the dealing commission is 0.25%.
- Foreign Exchange Charge: This fee is the same as the dealing commission.
- Custody Charge: A cost of at least 12.50 pounds per month is assessed, with an annual fee of 0.15%.
- Other payment charges: Faster Payments offers free sterling payments up to 250,000 pounds, while a 25 pound fee is applied each for payments made from overseas as well as sterling payments made through CHAPS for sums over 250,000 pounds.
Ramsey Crookall Investments
Ramsey Crookall lets you trade in different investments.
Although investors can purchase UK shares for execution-only accounts with any amount, it is typically advised to invest at least 1,000 pounds.
Starting with just 100 pounds per month in specific investment trusts, the Shearwater monthly investment accounts offer investors an inexpensive savings option.
Meanwhile, minimum investment required for the discretionary managed service is 250,000 pounds, or the equivalent amount in another currency.
You have the option of getting paid every three months or more frequently in certain situations. The money is deposited straight into your bank account.
Ramsey Crookall Bonds
Ramsey has short- and long-term bond, as well as perpetual bond offerings.
The bonds offered come from a variety of sources, including corporate issuers, international organizations, and government-backed institutions.
The bond that matures on March 31, 2029, has the highest coupon rate at 10.375%.
Meanwhile, the lowest coupon rate offered is 1.25%.
They have bonds with higher credit quality (AAA) and bonds with lower credit quality (B and B-).
Bonds with higher coupon rates and lower credit ratings are high-risk.
When contemplating these bonds, investors ought to thoroughly assess the level of risk they are willing to face. Amid the promise for higher profit, higher yielding bonds are very risky.
Pained by financial indecision?
Adam is an internationally recognised author on financial matters with over 830million answer views on Quora, a widely sold book on Amazon, and a contributor on Forbes.
