Wealth management and professional services
As an investor with a substantial portfolio, Evelyn Partners provides the level of service and sophistication I expect. Their access to alternative investments and private equity is a differentiator. The annual strategy day is valuable. Only dock one star because reporting could be more frequent.
Pros: Alternative investments access, strategy days, sophisticated
Cons: Could report more frequently
Evelyn Partners provided a holistic financial plan covering investments, tax planning, estate planning, and pension consolidation. Everything is integrated and makes sense as a complete picture. My portfolio has performed well and the tax savings alone have more than covered the advisory fees.
Pros: Holistic planning, tax efficiency, good portfolio returns
Cons: Annual fee is premium but justified
I was sold a vision of bespoke wealth management but what I received felt more like a standardised service with a premium price tag. My so-called personalised portfolio looks suspiciously similar to their model portfolios. Returns have been below benchmark. Currently considering switching to a different provider.
Pros: Initially impressive onboarding
Cons: Standardised service at premium price, below-benchmark returns
Evelyn Partners helped me create a comprehensive plan when I received a significant inheritance. They guided me through tax implications, investment allocation, charitable giving, and estate planning. Two years later, my wealth has grown substantially and I have complete confidence in the strategy. Truly life-changing advice.
Pros: Comprehensive guidance, tax planning, confidence in strategy
Cons: Services not available for smaller amounts
The advice from Evelyn Partners is sound and well-researched. However, the total costs including management fees, fund charges, and platform fees add up to more than I expected. Performance has been decent but after fees, the net return isn't dramatically different from what I could achieve with low-cost funds.
Pros: Professional advice, well-researched recommendations
Cons: Total costs reduce net returns significantly
I've been a client of Evelyn Partners for four years. The portfolio management is solid with consistent risk-adjusted returns. Quarterly reports are comprehensive and my advisor is always available for questions. The one area I'd improve is their digital experience - the portal feels outdated compared to newer firms.
Pros: Solid management, good communication, consistent returns
Cons: Digital platform needs updating
What I value about Evelyn Partners is their transparency. Every fee is clearly explained, investment recommendations come with thorough rationale, and there are no conflicts of interest from product-pushing. My returns have been steady and in line with expectations. A reliable choice for wealth management.
Pros: Transparent fees, no conflicts, steady returns
Cons: Conservative approach may not suit aggressive investors