Intelligent Money

Intelligent Money is an investment management firm, personal pension provider and ISA Plan Manager[1], based in Nottingham, authorised and regulated by the Financial Conduct Authority. The company provides risk managed investment portfolios to its own Private Clients and also works with financial advisers, solicitors, accountants and charities.

Intelligent Money
Privately Owned Limited Liability Company
IndustryInvestment management
Founded2002
Headquarters
United Kingdom
Key people
Julian Penniston-Hill (CEO)
Chris Sutton (MD)
ProductsAsset Management
AUM£2bn
SubsidiariesIntelligent Money Trustees & Intelligent Money Nominees

History

The company was established in 2002 by founder and sole financier Julian Penniston-Hill.[2]

In 2012, Intelligent Money took over the running of leading French bank BNP Paribas's book of SIPP business.[3]

In March 2019, Intelligent Money stopped accepting Defined Benefit pension transfers into its SIPPs, though some other providers had already ceased accepting such transfers.[4]

Operations

Intelligent Money offers 5 risk/reward rated investment portfolios.

In addition, it offers 2 target dated investment strategies, one for future capital withdrawal and the other for future income withdrawals.

All of these portfolios invest in passive funds that are actively managed with free pension and ISA administration and access to a named Private Client Manager. Intelligent Money has a minimum investment criteria of £100,000 per client.

Corporate associations

Intelligent Money works in strategic partnership with Quilter Cheviot in the running of the IM Optimum Portfolios and is known to bank with Coutts & Co.

References
  1. "ISAs: list of authorised managers". Government of the United Kingdom.
  2. "The great renewal fee rip-off". Guardian. January 24, 2014.
  3. "BNP Paribas passes Sipp business to Intelligent Money". CityWire. August 21, 2012.
  4. "Sipp firm stops accepting DB transfers after FCA dear CEO letter". CityWire. March 25, 2019.
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