Indirect Discretionary Portfolio Management Target Market

Who is the product designed for (positive target market)?	Indirect retail clients with more than £75k to invest both individuals and entities. Clients who accept we provide restricted advice. Clients who do not want to be involved in investment decisions. Clients who understand the risks involved in trying to achieve income/growth but also the risks involved in the financial instruments they will be exposed to. This understanding can be supported by JMF literature, explanations and communications. Clients who have the ability to bear loss and are not entirely reliant on their investment portfolio for their standard of living. Clients who wish to grow their wealth or create income from their wealth, or a combination of the two. Clients who wish to invest for at least the medium to long term, which is at least 5 years. Clients who wish for J M Finn to have custody of their assets.
Who is the product not appropriate for (negative target market)?	Clients who do not have a financial adviser. Clients who want to have involvement in investment decisions. Clients that do not accept or cannot understand (even with our support) the risk of investing in stocks and shares within JMF offering. Clients seeking full capital protection or for clients with no ability to bear loss. Clients who require fully guaranteed income or fully predictable return profile. Clients who are not prepared to accept any level of investment risk. Clients wishing to invest for a period less than 5 years. Clients seeking unrestricted advice.
How should this product be distributed?	Through financial advisers who maintain the client relationship