Harwood Wealth Management to manage Frenkel Topping mandates
Source - SMW
Harwood Wealth Management Group said it has been appointed as portfolio research partner to Frenkel Topping Group.
'Frenkel Topping has agreed to pay the Group a fee relating to the size of Frenkel Topping's discretionary assets under management by the Group which will initially be approximately £250 million,' Harwood Wealth Management said.
The company said that the percentage fee it receives from Frankel Topping will reduce as volumes of funds managed by Frenkel Topping increase.
Harwood Wealth, through its wholly owned subsidiary Wellian, will provide the portfolio research element of Frenkel Topping's investment management services.