Discretionary Investment Management Service
Designed exclusively for FCA-regulated Financial Advisers, our Discretionary Investment Management Service for introduced clients is structured to preserve your relationship with your client, while ensuring they benefit from professional, active portfolio management tailored to their objectives.
Built on a foundation of partnership and collaboration, our service enables advisers to focus on comprehensive financial planning while seamlessly integrating our investment expertise
Benefit from our investment expertise
Professional Investment. Shared Commitment to Suitability.
We recognise the critical role Independent Financial Advisers play in helping clients achieve their financial goals. Operating under a shared responsibility model, we rely on the client information you provide to assess investment suitability and construct portfolios that are aligned to your client’s needs. You retain oversight of the broader financial plan, and we take responsibility for ongoing portfolio management.
How the service works
Introduced Client, Shared Responsibility, Enhanced Client Outcomes
The client relationship is introduced and maintained by you, the adviser. Tacit enters a contractual relationship with both you and the client. We rely on accurate, up-to-date client information provided by you to fulfil our discretionary management responsibilities, including portfolio suitability.
Our experienced investment professionals work alongside advisers as an extension of their proposition, delivering tailored portfolios designed around each client’s unique circumstances, values, and goals
Tacit Assesses Investment Suitability
Unlike models that operate on “full reliance on adviser” for all suitability, Tacit conducts its own investment suitability assessment based on the client information received. This ensures compliance with FCA expectations while maintaining clear roles and responsibilities.
Adviser Retains Planning Oversight
As the adviser, you continue to manage the overall financial planning and regulatory advice responsibilities. Tacit supports this by constructing and managing portfolios within the agreed investment mandate.
Why Advisers Work with Tacit
Personalised Discretionary Portfolios
Our discretionary portfolios are flexible. Each client portfolio is constructed to reflect specific goals, risk tolerance, time horizon, and can accommodate individual client preferences, including ethical considerations, legacy assets, or tax constraints. Our portfolios are built for the individual, not the average investor.
Dedicated Investment Expertise
Our experienced investment professionals apply a disciplined, conviction-led investment process, focused on achieving long-term real returns and avoiding unnecessary complexity or over-diversification.
Operational Simplicity, Regulatory Strength
Assets are held directly with Tacit under our own custody and settlement structure. We provide clear terms, regular reporting, and support materials to meet Consumer Duty obligations.
True Partnership
We work with you, not around you. Our service is designed to complement your advice proposition, not compete with it. You maintain the primary relationship with the client, providing holistic financial planning, while Tacit delivers sophisticated investment expertise.
Who Is This For?
Our discretionary service for introduced clients is suitable for:
- ✔ FCA-regulated financial advisers seeking a professional investment management partner
- ✔ Advisers whose clients require bespoke investment solutions beyond model portfolios
- ✔ Advisers with clients who have specific investment preferences or restrictions
- ✔ Advisers looking to enhance their proposition with institutional-grade investment expertise
And clients who:
- ✔ Have an established relationship with a regulated financial adviser
- ✔ Require a professionally managed investment solution
- ✔ Prefer not to be involved in day-to-day investment decisions
- ✔ Can accept and understand investment risk in pursuit of long-term goals
- ✔ Want tax-efficient, flexible portfolios held within ISAs, SIPPs, GIAs, or other wrappers
Service Benefits
- ✔ Personalised investment management per client
- ✔ Transparent and competitive fee structure with no hidden charges, exit fees, or lock-ins
- ✔ Open architecture investment selection, with no product bias
- ✔ Ability to accommodate investment preferences and restrictions
- ✔ Full portfolio customisation to meet diverse client needs
- ✔ Consolidated reporting and online access
- ✔ Support for CGT planning, legacy assets, and in-specie transfers
- ✔ Regular market commentary to support adviser-client conversations
The Tacit Difference
What distinguishes our service is our commitment to supporting the adviser-client relationship while delivering investment excellence.
- ✔ A proven investment approach with demonstrable results
- ✔ Expert investment guidance that complements your financial planning
- ✔ Partnership approach that respects and enhances your primary relationship
- ✔ Direct access to a dedicated Investment Director who understands your strategy
- ✔ Creating time for you to focus on holistic financial planning and client acquisition
Supporting Your Practice
Important Information
The value of investments, and the income from them, may go down as well as up and investors may not get back the amount originally invested.
Begin Your Partnership
Discover how Tacit’s Managed Portfolio Service can enhance your advisory proposition and deliver consistent, professional investment management for your clients.
Please complete our enquiry form, we look forward to speaking with you.
