Part 1: Top five entities used for the transmission or placing of investment orders

Retail clients are recommended our service “discretionary managed model portfolio solutions” via financial intermediaries (Financial Advisers).

The discretionary managed model portfolio service is currently available on 14 platforms. Therefore, all investment orders are sent to those platforms who in turn place the order in compliance with their own Best Execution policies. The platforms best execution policies can be sourced on their public websites. Information on platform availability can be found at the below link:

Model Portfolio Availability

We are obliged to disclose on an annual basis the top five investment firms that we transmit our orders to. The tables below relate to the period 31st December 2020 to 31st December 2021.

For the above type of investment, we only sent orders to one broker, therefore there are fewer than five brokers to report.

Part 2: Monitoring and Review

We have entered into contracts with our trading partners in order to provide our service. Due diligence is conducted by both parties to confirm acceptance of the roles to be carried out. We also have a best execution policy. Please ask, if you would like to view a copy of our policy. Under the terms of our policy, we regularly assess the appropriateness of our trading partners to ensure compliance.

We undertake periodic monitoring to make sure that they continue to meet our requirements. This review is carried out at least annually or whenever a significant change occurs that we feel could affect our ability to continue to obtain the best possible results.

As clients are recommended our service via financial intermediaries and all clients are classed as Retail clients.

Should you require any additional information please write to:

The Compliance Manager
1 Queen’s Square,
Ascot Business Park,
Lyndhurst Road,
Ascot, Berkshire,
SL5 9FE

Or alternatively email investments@tavistockam.com

5th October 2022