An introduction to
Save | Plan | Invest
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Why choose Killik & Co?
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Save | Plan | Invest
Why choose Killik & Co?
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Welcome to Killik & Co. On the 30th January 1989, in what was an old Pharmacy on Cadogan Street in Chelsea, we opened the doors of our first branch.
With nothing more than a handful
relationships and building talent from
of close friends and family to call
within. That way we can be sure not
our clients, we set out with a simple
only our staff, but that all of our clients
enduring belief: that we would make
also share our core values.
the benefits of investing available to all. We hope that the following pages will Almost 30 years later and whilst much
offer you a little more information
has changed, we are proud that the
about what it is you can expect as
heart of our philosophy and practice
a client of Killik & Co, and look
has remained the same. We have been
forward to welcoming you into one of
voted Wealth Manager of the Year
our branches in the near future.
on a number of occasions by the readers of the Financial Times and Investors deliver
Chronicle, the
professional
highest and
proven
to
standards
of
impartial
Our very best,
advice
to our clients. As a business we have made a point of growing organically and with care, never looking to mergers or acquisitions as a quick source of
Paul Killik
growth, but instead cultivating our
SEO, Partner & Founder
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Redefining Wealth
Redefining What Wealth Means To You Wealth is a loaded word. At Killik & Co,
determine the life that you live
we do not believe that wealth is
tomorrow, makes our purpose clear:
measured by the size of your bank
to use our expertise to help you build
balance any more than it is by the
your Life Well Lived.
postcode you call home. Wealth, or rather what it means to be wealthy,
How do I make the most of what
is far better explained by its original
I have? When can I afford to scale back
meaning:
on work? Will I have sufficient funds to live the life I want? How do I protect
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Wealth mid-13c., from Middle
and pass on my wealth to my family?
English; ‘wele’ meaning “pattern
How can I best help my children and
of health” or “well-being”
grandchildren?
Each of us hold different views about
Wherever you are on your journey
what it means to be wealthy; about
or whatever the question keeping
what
desirable.
you up at night, we always begin by
Whilst money will forever play its
understanding what it is that you
part, we believe that it should be seen
wish to achieve and what wealth
as a facilitator, rather than simply
means to you. For every client the
the definition. Something that when
answer will be different and in our
managed carefully and built over
experience will evolve over time.
time, allows you to live the life you
We call upon our expertise to craft
want to lead: your Life Well Lived.
you a personalised plan that will
Understanding both this, and that the
evolve as your life does and help
financial choices you make today
make your ambitions a reality.
is
necessary
and
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Why Everyone Needs To Invest
Investing To Fuel Your Ambitions For those new to investing, see it as a
Compounding – which Albert Einstein
way to nurture your savings, to give
is said to have described as the eighth
what you have accumulated the best
wonder of the world.
opportunity to go further. Whatever your ambitions we always recommend
Consider compounding a potential
that you retain a ‘Rainy Day Fund’ –
exponential
a certain amount of savings in cash,
every pound that you save. Whilst
which you can draw upon in a moment
there can never be any guarantees,
of need. For anything that you are
think of it as the ability to earn interest
leaving for the long term, investing
on your interest, or when it comes to
becomes a critical tool to preserve or
investing – returns on your returns.
grow the value of what you have.
Thus the longer you are able to invest
multiplying
force
for
for, the longer your savings will have Data from the Barclays Equity Gilt
to grow.
Study has shown that taking a long term approach to investing in the stock
Over the course of a year the effects of
market has delivered a significant real
compounding might only be slight,
return over the last 116 years, at an
but over 30 years the difference
average of over 5% (above inflation).
becomes vast. Therefore investing
To use an example over a shorter
regular amounts can be far more
period, if you had invested £100 in the
effective than saving one big lump
UK stock market in 1978 and saved
sum and investing it in one fell swoop;
another £100 in a Building Society,
with the latter, all those pounds you
your
might
set aside on day one would miss
now read £1444 versus the Building
a year’s worth of interest. The same
Society at £158.
principle applies for reinvesting any
Investment
statement
dividends or income you might receive Whilst only a simple illustration, it highlights the potential of every pound and the importance of the principle of
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from any investments.
A deep understanding of the markets
likely to be. This is why we take a long
is
which
term approach to your investments
Killik & Co is built and remains
with us, and treat them as Lifetime
the lifeblood of our talented team.
Savings, unless you request otherwise.
Crafting a personalised investment
Even those approaching life after work
plan and portfolio that matches both
may easily have another 30 years ahead
your level of investment experience
of them and will still need to beat
and interest allows us to navigate
the effects of inflation. The graph
through these inevitable ups and
we have created below shows how
downs in the market, balancing any
dramatically the likelihood of making
risks with the potential rewards to
a gain becomes the longer you are
help meet your ambitions. Whilst the
invested, which lies at the heart of
very nature of investing means that
our
nothing is guaranteed, analysis (again
philosophy. Of course we cannot assume
from the Barclays Equity Gilt Study)
that what has happened historically
has shown that the longer you invest,
will be repeated.
the
foundation
upon
Lifetime
Savings
investment
the more consistent your returns are
Chance of Gains vs Chance of Losses Over Number Of Years Invested*
YE AR S I N VE ST E D
1 year 3 years 6 years 9 years 12 years 15 years 18 years -40%
-20%
0%
20%
40%
60%
80%
100%
POT E NT IAL GR OW T H R AT E Chance of Gains
Chance of Losses
* Data from the Barclays Equity Price Index.
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Why Choose Killik & Co?
An Investment Approach That Sets Us Apart
In our pursuit of providing the best service to our clients, being unbiased and maintaining complete integrity will forever lie at the heart of how we work.
Being
independently-owned,
we
are
truly
unbiased
in
our
outlook:
with no external parent, public shareholders or hidden conflicts of interest, our focus is solely to serve our clients. We think long term; we are not traders or short-term thinkers. We recognise that a global economy demands a global approach and reflect this in the advice and management we offer. We know that successful investment relies on great insight and we have a pragmatic focus on turning these insights into competitive returns, combined with exceptional customer service.
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“We always overestimate the change
experience instills an old fashioned
that will occur in the next two years
sense of what represents good value
and underestimate the change that
and strengthens us from getting swept
will occur in the next ten. Don’t let
up in any potential herd behaviour.
yourself be lulled into inaction.”
We value clarity, sustainability of
– Bill Gates
process and hard headed realism in equal measure.
Investment expertise is the foundation upon which our business is built.
Given the inherently volatile nature
For anyone new to investing, we look
of investing, that will carry a risk to
beyond reporting figures alone and
your capital, our long term approach
liken it to a lens through which to view
aims to deliver market-leading returns
the world. Everyone is an investor,
that make the most of the highs, whilst
whether consciously or not; the brands
diversifying appropriately to cushion
you buy and the businesses that you
any inevitable lows.
choose to interact with are all indicators “If you are not willing to own a stock
of how you view the world.
for ten years, don’t even think about Appreciating
this,
our
meticulous
owning it for ten minutes.”
and independent research takes a long
– Warren Buffett
term, global and thematic approach to
investing;
deeper
By taking these important themes
understanding of exactly why and how
of tomorrow and combining them
the world is changing. Understanding
with selections that help manage
these insights allow us to identify the
unpredictable market forces, we are
businesses and sectors that are most
able to construct a well-diversified,
likely to be impacted by change in the
genuinely
long term and ensure that our clients
remains in line with your objectives
capitalise
at all times.
on
gaining
this.
Our
a
collective
global
portfolio,
which
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Building The Right Approach For You
Building The Right Approach For You As an independently-owned investment
allows us to better understand what
house our ambition remains exactly
you want to achieve and helps us
the same as it was when we opened
identify how to get you there. This is
the doors of our first branch in 1989:
critical to the level of service we offer.
to serve our clients. 2. How would you like to work with us? Whether you are a seasoned investor or new to the markets, we remain committed
to
professional
delivering
service
and
you
a
personal
relationship that matches your style, experience and ambitions.
In answering this, whatever your level of experience, you will need to decide whether you wish us to act as your Adviser, and you remain the ultimate decision maker on your account, or give us the discretion to manage
Everything begins with you, those closest to you and two questions: 1. What is it that you wish to achieve?
your investments on your behalf. Combining our personal understanding of you and your circumstances with how you want to work together, enables
Often what we think we are looking
us to construct a plan and portfolio
for and what we actually need can
that is aligned to helping you achieve
differ, so our approach is to start
the life you want to lead: your Life
with the end in mind. Just as you
Well Lived.
would when visiting a Doctor, we take the time to ask the right questions, so
What follows is a blueprint for action
that you can most benefit from our
and an indication about which one of
expertise. Whether it is about you and
our investment services might best
your family, your wider personal and
suit your needs. You can read about
financial
them on the following pages.
circumstances,
or
your
attitude to investing, asking questions
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Our Services
Portfolio Management Service
For those beginning to build their
fund universe, they uphold a very strict
portfolio, or those looking to take
screening, selection and monitoring
a
approach,
process. This approach goes further
our Portfolio Management Service
broader
fund-based
than financial analytics alone to look
invests in a broad range of funds
for Fund Managers that are well placed
designed to optimise potential returns
to deliver attractive long-term returns
for investors whilst diversifying to
relative to the amount of risk that they
manage and reduce risk. Led by our
take. Beyond traditional analysis, our
in-house experts, you can be assured
research
of a meticulously-managed, diversified
understanding of the management of
portfolio that selects from the best
each fund, their investment style and
hand-picked funds in the market place,
strategy, remuneration and incentive
and incorporates some of the world’s
structure, in addition to the details of
leading asset managers.
the underlying portfolio. We closely
process
ensures
a
deep
monitor and maintain ongoing contact UNCONFLICTED |
Run to meet your
with the fund managers, ensuring any
independent
changes to management or indications
in-house Fund Analysts, the important
of a change in style can be quickly
distinction when comparing this to
identified
other Multi-Manager-style offer is that
necessary. We regularly host leading
we have no conflicts of interest - our
managers
expert team is not tied to any in-house
a selection of which you can watch here:
services or funds. Therefore they are
www.killik.com/meet-the-manager.
objectives
by
our
and at
addressed
our
Mayfair
where Branch,
free to choose what they believe to be the very best opportunities in the market.
TRANSPARENCY
|
Our
genuinely
bespoke approach means that you can RESPONSIBLE
INVESTMENT
|
Our
be assured of complete transparency
portfolios also allow investors to take
over
the
types
and
number
of
account of the impact of governance
investments in your portfolio, which
and the environmental and social
also enables us to accommodate any
influence of their investments, as well
areas that you may wish to avoid.
as their potential risk and return.
In that spirit we are able to adopt a pre-defined ethical and responsible
RIGOUR
|
Because
the
team
are
unlimited in their scope and are able to access investments from the entire
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investment approach for those who would prefer it.
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Our Services
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Managed Investment Service For clients looking to take a more
TRANSPARENCY
focused
This
|
bespoke
Managed
approach enables us to have oversight
Investment Service delivers a unique
of each moving part, allowing us
portfolio that makes the most of
to
both our unbiased outlook and the
preferences in the mix. You can be
specialist expertise of our in-house
assured of complete transparency over
Analysts. Combining our breadth of
the types and number of investments
experience and depth of knowledge,
within your portfolio and the way in
this service allows us to create a
which we believe that they will interact
strategy to meet your ambitions,
as a group through different market
whatever the investment climate. This
conditions and scenarios. It will be
service is built around you, blending
continuously monitored and regularly
the most appropriate selection of direct
reviewed, and you will always be
equities, bonds and funds, to pursue the
informed of the reasoning behind
returns you require in a sustainable way.
each decision made via our App and
approach,
our
accommodate
your
individual
Client Portal. BUILT
AROUND
YOU |
There is no One of the most
one size fits all approach and with
UNCONFLICTED
this service you receive an entirely
important differences about working
personal investment strategy that can
with Killik & Co is an ongoing
adapt and evolve as you need it to.
commitment
Led by your dedicated Investment
unbiased
Manager,
the
steering clear of running our own
most appropriate asset classes and
unitised investment funds or corporate
tax-efficient allocation to meet your
finance departments, ensuring no
needs. This will include drawing
conflicts of interest. This objective
upon different specialists from across
outlook combined with our expertise,
our in-house teams, who will be
allows you to be confident in both the
entrusted to run dedicated sections of
knowledge of their subject area and
your portfolio in their specific areas
their total impartiality in selecting the
of expertise.
very best investments across the globe.
they
will
identify
|
to
outlook
maintaining and
our
execution,
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Our Services
Advised Investment Service For anyone looking for a partner,
investment in meeting your objectives.
a peer with whom you can discuss
This includes annual portfolio reviews.
your portfolio, we remain one of the
Each time advice is sought you will
last investment houses committed
receive
to offering real investment advice.
the advice that was given and what
This allows you to remain in complete
was agreed.
a
summary
that
outlines
control over all decisions made on your
portfolio,
from
our
dealing
whilst
benefiting
award-winning and
custody
INSIGHT AND EXPERTISE |
In addition
advice,
to the advice of your dedicated
services.
Investment Manager, you are able
It is not just for seasoned investors
to make the most of our in-house
and is perfect for anyone looking
research. Via email, our App and
to gain experience and confidence
Client Portal you have complete access
in managing their own portfolio,
to our investment research, which is
aided by your dedicated Adviser.
frequently referred to in the national press and includes our ‘Daily Note’.
Founded in 1989 as an
Many of our Advised clients also
Advisory Stockbroker, our heritage
refer to our educational video series
and
our
‘Killik Explains’, which covers a broad
knowledge of the stock market and
range of topical investment issues,
our ability to help our clients build
alongside our weekly summary of the
the right investment strategies. We
markets: ‘Market Update’.
ACCESS |
expertise
stems
from
offer superior and efficient market access across all asset classes and are
With our commitment to advisory
also able to offer our services in
clients, we also offer a traditional
a number of major foreign currencies.
Stockbroking Service that provides
advice on a single stock basis only. In order to
Because this service does not cover
provide appropriate advice we are
advice on portfolio construction or tax
required to keep abreast of your
efficient allocations, it requires clients
experience
your
to be confident in managing their own
wider circumstances and portfolio.
portfolio. As such it is only available
We will work in partnership with you
to market professionals or those who
to advise you on the construction of
have a high level of prior experience.
IMPARTIAL COUNSEL |
and
knowledge,
your investments and the role of each
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Our People
The People To Help You Get There As a client of Killik & Co you will be
and ensuring that your evolving
looked after by a dedicated member of
requirements
our team; a source of trusted counsel,
appropriately.
are
accommodated
one
of
who truly understands your personal circumstances and is there to support
We
remain
the
last
you as your requirements change and
independently-owned Partnerships in
evolve over the years.
our space, which allows us to retain an unbiased outlook and management
Depending
individual
style that keeps us solely aligned to the
preferences, their focus will either
interests of our clients: the people
offer holistic financial planning or
who
market
business. We have focused on growing
and
on
your
investment
expertise.
the
care,
the
right strategy in place for your needs,
looking to acquisition as a source of
that you are making the most of your
growth. That way we are able to ensure
position and that you remain on track.
that every member of staff shares
They will also connect you with any
our philosophy and values. With an
additional services you require along
average tenure of 14 years across
the way, some of which are outlined
our Partners you can be assured of
on page 22.
consistency over the long-term.
any changes to your circumstances,
with
run
organically
reviews of where you are, identifying
and
business
They will ensure that you have the
You can expect regular contact and
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own
never
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Why Choose Killik & Co?
A Summary Of Services To Support Your Financial Life Alongside our investment and financial planning expertise, we offer a full suite of complementary services. This way we are able to offer you the correct guidance and counsel, whatever the question.
Specialist Wealth Planning Whether you require a thorough Financial Plan or you wish to look into a specific issue such as Inheritance Tax, Estate Planning, or a Defined Benefit Pension Scheme, you can engage our Wealth Planners to undertake advice on an individual or a recurring basis, according to your priorities and requirements.
Trust Services Our Trusts team have decades of experience in dealing with Trusts and their associated complexities. They are able to offer assistance and advice throughout the set up as well as the ongoing administration of various types of Trusts such as discretionary, charitable and bare.
Tax Services Whilst we are not specialist tax advisers, our Wealth Planners can provide advice on how to make the most of the tax efficient options available to you. We also offer a highly competitive Personal Taxation service, that was specifically set up with our investing clients in mind. Able to access information directly from your dedicated point of contact, it covers everything from reviewing personal tax affairs to the preparation, completion and submission of annual tax returns and repayment forms.
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Lasting Power of Attorney The Killik & Co Power of Attorney Service offers a simple way to make a Lasting Power of Attorney (LPA), with assistance and advice provided every step of the way.
Wills and Estate Planning Whilst not something many of us like to consider, writing a Will is the only way to be certain that your wishes regarding your estate are followed in the event of your death. The Killik & Co Will Writing Service offers a simple, empathetic way to make a Will. Our Wealth Planning Team are also able to undertake specific reviews to ensure that all aspects of your estate are covered and will often work alongside our Will Writers to see this through to completion.
Family Office As the Killik & Co core services look after your financial life, the Family Office works with both individuals and families to facilitate the other aspects of everyday living. Acting as trusted advisors, the team offers a truly uncompromised and individual lifestyle management service that spans banking, property, insurance, Private Equity, art, aviation, collectables, education and philanthropic interests.
Currency Service The Killik & Co Currency Service provides access to highly competitive exchange rates when transferring money to, or from, overseas bank accounts as well as helping you mitigate currency risk.
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What To Expect As A Client
Dedicated Team
Specialist Advice
Independent Research
contact
Alongside your dedicated team, the
Our Mayfair branch is also home
within the firm will be either a Wealth
wider Killik & Co partnership holds
to our talented team of Investment
Planner or an Investment Manager,
a wealth of complementary areas of
Analysts who cover equities, managed
depending on your circumstances.
expertise, from specialist investment
fixed income and funds. They provide
They will provide the day-to-day
services and Wealth Planners to Wills,
additional insight and expertise to
management of your account, as well
Tax and Trusts. This ensures that we are
all of our Investment Managers and
as conducting regular reviews to ensure
able to offer you the correct guidance
clients
it remains in line with your objectives.
and counsel, whatever the question.
in the press. An impartial research
Your
dedicated
point
of
and
are
regularly
quoted
team means that as a firm we aren’t limited to simply investing in to in-house funds, or third party research, and instead are able to dedicate time to investigating the broader themes unfolding in the world and ensuring that our clients can benefit first hand from this insight.
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Insights
Client Portal and App
Learning
Our dedicated Research team publish
Keeping you up to date about your
Our series of video and audio podcasts
updates to their independent analysis
account and activity is critical to our
‘Killik Explains’ marks our ongoing
daily, which is available to every client
service, which we tailor around you.
commitment to ensuring that everyone
to receive as a ‘Daily Note’ or can be
One of the first investment houses
interested in developing their financial
found within our Client Portal. For
to launch an app, our client portal
knowledge, whether a first time saver,
clients preferring a more condensed
is available on desktop, Apple and
or a sophisticated investor, has access
synopsis, a weekly research summary
Android, providing you with around
to a library of unbiased and easily
is available via our weekly update
the clock access to your account.
digestible information, freely available
and our ‘Market Update’ video. Our
Pricing and valuations are available
on
Analysts also offer monthly market
across all of your accounts, as well as
Whatever your level of interest or
reflections and ad-hoc commentary
copies of all statements and research
preferred method of learning, we hope
on pertinent world issues as they arise.
notes, whist duplicates of all reports
that you will find our content to be
issued to you are available 24 hours
both engaging and enlightening.
our
website
killik.com/learn.
a day, 7 days a week. For families with more than one account with us you will be able to view all of these in one, easily navigated place.
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Getting In Touch We are exceedingly proud of our branch network. If you live in London we have several branches to choose from; one might be easier for work, whilst the other is closer to your home, so we would ask you to contact whichever branch you feel would be most convenient for you. Open from 8am – 5:30pm, there is no need to make an appointment and we would be delighted to welcome you. If, however, you would prefer to arrange a time to meet, would like some further information, or would just prefer to talk, then please do not hesitate to call our new client line and a member of our team will help direct you to the right place on 020 7337 0777.
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Head Office
Branches
Mayfair
Chelsea
Chiswick
46 Grosvenor Street
45 Cadogan Street
23 Chiswick High Road
London, W1K 3HN
London, SW3 2QJ
London, W4 2ND
Tel: 020 7337 0777
Tel: 020 7337 0590
Tel: 020 8090 3303
info@killik.com
chelsea@killik.com
chiswick@killik.com
Richmond
City
2 Paradise Road
20 King Street
Surrey, TW9 1SE
London, EC2V 8EG
Tel: 020 8948 7337
Tel: 020 7600 9990
richmond@killik.com
city@killik.com
Clapham
Esher
Hampstead
125 Northcote Road
9 Esher High Street
2a Downshire Hill
London, SW11 6PS
Surrey, KT10 9RL
London, NW3 1NR
Tel: 020 7337 0777
Tel: 01372 464 877
Tel: 020 7794 3006
clapham@killik.com
esher@killik.com
hampstead@killik.com
Kensington 281 Kensington High Street London, W8 6NA Tel: 020 7603 3618 kensington@killik.com
Killik & Co is the trading name of Killik & CO LLP, a limited liability partnership, authorised and regulated by the Financial Conduct Authority and a member of the London Stock Exchange. Registered England and Wales OC325132. Registered office: 46 Grosvenor Street, London, W1K 3HN. A list of Partners is available on request.
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Why choose Killik & Co?
Save | Plan | Invest
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