AFH Wealth Management launches Stock Broking Service

AFH Wealth Management has announced the appointment of Edward Humphries who has joined them to head up their new stock broking service.

A Fellow of the Securities & Investment Institute, Edward was part of the stock broking team at Greig Middleton/Gerrard managing private client investment portfolios on a discretionary and advisory basis for a number of years. Edward will be responsible for managing direct equity portfolios and also for the direct asset research.

Managing Director, Alan Hudson said “we are pretty unusual with our offering. Most IFAs outsource their investment portfolios to external stock brokers. We have made a conscious effort to facilitate this in house and have been offering Discretionary Portfolio Management to our clients for the last two years. The development of the stock broking service is natural progression for us and allows us to remain competitive by offering low cost investment solutions.

Edward’s experiences of working in both a stock broking and wealth management environment, provides him with a rounded view of the investment industry, together with an appreciation of the needs and concerns of clients.”

AFH also plan to launch their own low cost OEIC mid November. The objective of the fund will be to provide capital growth over the long term from a range of transferable securities, debt instruments and collective investment schemes. The fund will be actively managed on a medium risk basis and will be available via the usual distribution platforms.