Investment Management Exam Success
Mark Woods has received confirmation from the CFA Society of the UK that he has passed his Investment Management exams with the UK Society of Investment Professionals (UKSIP).
This milestone has been reached on schedule as a part of our firm’s commitment to continuing professional development of personnel and enables the firm to apply for authorisation from the Financial Services Authority to act as ‘Discretionary Investment Managers.’
Most retail based (dealing with the general public) IFA’s are advisory firms, which means that they are not able to switch or move client money without client authority. This leads to the IFA missing out on short term opportunities in the markets.
As Discretionary Investment Managers, Watermark Financial Solutions Ltd. will be able to take advantage of such opportunities with the intention of enhancing investment performance and reducing portfolio volatility for clients, and all at low cost relative to larger instiutional managers.