'Refreshingly Different'

Balmer, Jeffs & Company Ltd (‘BJCL’) is a 100% New Zealand- owned investment advisory firm, established in 2008. BJCL’s principals are Duncan Balmer AFA and Rob Jeffs AFA, who have been giving investment advice since 1985 and 1991 respectively. BJCL does not issue or manage securities utilised in its clients’ portfolios, and has no arrangements or relationships with any security issuer or manager which could give rise to any conflicts of interest.

BJCL provides advice across a range of securities including cash, fixed interest, property, ‘alternative assets’, and shares, both nationally and internationally. As quality, liquidity and cost-efficiency are prime considerations at BJCL, investment exposures onshore are typically via direct stock exchange-listed (‘listed’) investment-grade fixed interest bonds, listed property trusts, and listed direct shares and exchange-traded funds, while access to offshore investment opportunities is principally achieved via listed UK investment trusts. BJCL does not recommend private finance company debentures, and nor does it recommend highly ‘engineered’ unit trusts with sub-prime debt in them. Very few investment advisors can match our record of keeping clients’ portfolios completely free of failed private finance companies and ‘engineered’ unit trusts during (and since) the Global Financial Crisis.

Clients’ assets are administered via an independent custodial service, to protect the assets, minimise the paperwork that clients have to deal with, and provide accurate tax reporting. Research is conducted in-house, backed by the output of a number of well respected onshore and offshore banks and research houses.

BJCL is committed to offering unbiased investment advice, and works only for its clients. We toe no one else’s line, are beholden to no product providers, have no product sales targets, and don’t sell anything except investment advice.

The principals of BJCL intend that the company will remain small in scale, and will always offer a genuinely personal service. Minimum new investment amount $1,000,000.

Our fees:

Statement of Advice (i.e. not a full financial plan, just investment advice) (one off): $1,000 (+ GST);
Implementation fees (one off): 0.8% of sum invested (no GST) (minimum $4,000);
Management fees (ongoing, p.a.): max. 1.022% of sum under management (+ GST), reducing on large sums.

Complaints Procedures:

We are a member of the Insurance & Financial Services Ombudsman Scheme (IFSO Scheme), which resolves complaints about financial services. This service is independent and free for our customers. If we are unable to resolve your complaint through our complaints process, you can contact the IFSO Scheme on:

Phone: 0800 888 202
Email: info@ifso.nz
Website: www.ifso.nz
PO Box 10-845, Wellington.

For more information about our complaints process, contact Duncan Balmer or Rob Jeffs.