Intelligent Money
 | This article contains content that is written like an advertisement. (January 2020) |
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| Company type | Privately Owned Limited Liability Company |
|---|---|
| Industry | Investment management |
| Founded | 2002 |
| Headquarters | |
Key people | Julian Penniston-Hill (CEO) Chris Sutton (MD) |
| Products | Asset Management |
| AUM | £2bn |
| Subsidiaries | Intelligent Money Trustees & Intelligent Money Nominees |
Intelligent Money is an investment management firm, personal pension provider and ISA Plan Manager[1], based in Nottingham, authorised and regulated by the Financial Conduct Authority. The company provides risk managed investment portfolios to its own Private Clients and also works with financial advisers, solicitors, accountants and charities.
History
The company was established in 2002 by founder and sole financier Julian Penniston-Hill.[2]
In 2012, Intelligent Money took over the running of leading French bank BNP Paribas's book of SIPP business.[3]
In March 2019, Intelligent Money stopped accepting Defined Benefit pension transfers into its SIPPs, though some other providers had already ceased accepting such transfers.[4]
Operations
Intelligent Money offers 5 risk/reward rated investment portfolios.
In addition, it offers 2 target dated investment strategies, one for future capital withdrawal and the other for future income withdrawals.
All of these portfolios invest in passive funds that are actively managed with free pension and ISA administration and access to a named Private Client Manager. Intelligent Money has a minimum investment criteria of £100,000 per client.
Corporate associations
Intelligent Money works in strategic partnership with Quilter Cheviot in the running of the IM Optimum Portfolios and is known to bank with Coutts & Co.
References
- ^ "ISAs: list of authorised managers". Government of the United Kingdom.
- ^ "The great renewal fee rip-off". Guardian. January 24, 2014.
- ^ "BNP Paribas passes Sipp business to Intelligent Money". CityWire. August 21, 2012.
- ^ "Sipp firm stops accepting DB transfers after FCA dear CEO letter". CityWire. March 25, 2019.