Glossary
Advisory Mandate
An Advisory Mandate is a form of mandate in which the wealth manager makes investment recommendations to the client, while the final decision to buy or sell remains with the client. The manager provides analysis and assessment; the client retains full decision-making authority over the portfolio.
At a glance
- The client makes every investment decision independently and retains full control over the portfolio.
- The wealth manager is obliged to make recommendations based on the agreed Risk Profile and Investment Guidelines.
- An Advisory Mandate requires greater client initiative than a Discretionary Asset Management Mandate.
Frequently asked questions
An Advisory Mandate suits clients who wish to remain actively involved in their Investment Strategy and have the time and interest to review recommendations and make decisions. Those who prefer less operational involvement typically choose the Discretionary Asset Management Mandate.
Part of the topic
Discretionary Mandates
This entry is for general information purposes only and does not constitute investment, legal or tax advice. It is a simplified summary of the legal position and tax treatment.