Home » ShareSoc Investor Academy » New Investors » Choosing a broker » PERSONAL CREST AND CERTIFICATED BROKERS
This page gives the names of stockbrokers (or “investment platforms”) that support Personal Crest Membership or dealing in paper share certificates (Certificated trading) as opposed to pooled nominee accounts which are both legally dangerous and could lead to difficulties if your broker goes into administration. It is accurate so far as we are aware but please notify any corrections or additions to ShareSoc. Brokers are listed in alphabetic order. Their terms and conditions including pricing will vary considerably and you need to examine whether they meet your personal requirements. For example some of these services will be either “execution only” or “advisory” services, and some will be on-line services while others support more traditional telephone dealing.
Brokers that support Personal Crest Membership
Charles Stanley (Gold service and possibly CS Direct if you are transferring a personal crest account from another broker).
Brokers that support Certificated Dealing
Hedley & Co
Norwich & Peterborough (Jarvis Securities)
Pilling & Co
Saga Share Direct
ShareDeal Active (Jarvis Securities)
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An investment strategy is what guides an investor’s decisions based on goals, risk tolerance, and future needs for capital. Some investment strategies seek rapid growth where an investor focuses on capital appreciation, or they can follow a low-risk strategy where the focus is on wealth protection.
Diversifying your portfolio is important to manage your risk. What does diversification mean? It means spreading your risk between investments with different characteristics, so that if one investment, or group of investments doesn’t perform well it doesn’t do too much damage to the overall performance of your portfolio.
For example, it is unwise for your portfolio to be invested in only one or two companies: should one of those companies fail, you could lose a very large part of your available capital, which it would be hard to recover from.
There are various ways you can diversify your portfolio. Most obviously by investing in several companies. Another consideration, however, is geographical diversification, i.e. not having all your investments linked to the economic performance of one country or region. A common failing of investors is “home country bias”, i.e. focusing your investments on companies operating in the country you live in or are most familiar with. Should that country underperform economically (or if shares in that country’s markets appear overpriced), that will damage your returns, so it makes sense to include investments that are exposed to a variety of regions in your portfolio (biasing towards those that appear to offer the best prospective returns).