General

Who is Mitchell & Mitchell Asset Management?

We are a UK-based discretionary fund manager (DFM), authorised and regulated by the Financial Conduct Authority (FCA). We create and manage investment portfolios designed for use by financial advisers and their clients.

What is discretionary fund management (DFM)?

Discretionary fund management means we make day-to-day investment decisions on your behalf, within the boundaries of a pre-agreed strategy or model. This allows us to respond to markets quickly, without needing prior approval for every change.

What is a model portfolio?

A model portfolio is a ready-made mix of investments built to suit a specific level of risk. Advisers use model portfolios to match their clients’ needs with professionally managed, diversified investment solutions.

What does 'risk-rated' mean?

Each of our portfolios is assigned a risk level — from lower risk (Defensive) to higher risk (Aggressive). This helps ensure the investment mix is aligned with your financial goals, time horizon, and tolerance for volatility.

Who is SEI and what is their role with Mitchell & Mitchell?

SEI is a global investment management and technology provider. As our co-manufacturing partner, SEI gives us institutional access to research, fund managers, and investment infrastructure. We work closely with SEI to build, monitor, and continuously improve our portfolios — ensuring they meet the highest standards of governance, risk control, and due diligence.

Understanding Active and Hybrid Management

What is active investment management?

Active management involves making strategic decisions about which investments to buy or sell, based on research and market views. Our Compass portfolios are actively managed, with regular reviews and tactical changes made to capture opportunities and manage risk.

What is hybrid investment management?

Hybrid management blends active and passive investing. Our Atlas portfolios use low-cost passive funds as a foundation, while layering in active elements to add flexibility and performance potential.

Why offer both Compass and Atlas ranges?

Because different clients and advisers value different things. Some prioritise active insight and responsiveness (Compass), while others prefer the cost-efficiency of a hybrid approach (Atlas). We believe offering both helps you choose what fits best.

What is active investment management?

Active management involves making strategic decisions about which investments to buy or sell, based on research and market views. Our Compass portfolios are actively managed, with regular reviews and tactical changes made to capture opportunities and manage risk.

Investment Process & Oversight

How do you decide what to invest in?

We use a structured, research-led investment process designed to deliver long-term, risk-adjusted returns. Our team evaluates macroeconomic conditions, asset class outlooks, volatility trends, and fund performance to ensure each portfolio remains aligned with its stated risk profile.

Through our partnership with SEI, we have institutional access to an extensive universe of carefully vetted fund managers. Each relationship is actively monitored — we don’t just select funds and forget them. Together with SEI, we engage with fund managers to assess their performance, process, and risk exposure — helping us stay confident in what we hold and why we hold it.

What risks should I be aware of?

All investments carry risk. The value of your investments can go down as well as up, and past performance is not a guide to future results. Each of our portfolios is designed with a specific risk level in mind, helping you invest with confidence over the long term.

Can I lose money?

Yes — investing always carries risk, including the risk of capital loss. That’s why we focus on managing volatility and diversification, and why your adviser will help ensure the chosen portfolio suits your circumstances.

Performance, Reporting & Transparency

How do I know if a portfolio is performing well?

We publish quarterly factsheets, performance updates, and market commentary. Your adviser can also provide personalised reporting during reviews, helping you stay on top of your investments and progress.

Are your portfolios reviewed regularly?

Yes — all our models are formally reviewed each quarter. We also monitor them continuously and make changes when needed based on markets, risks, or updates from underlying managers.

Advisers and Client Relationship

Do I invest directly with Mitchell & Mitchell?

No — we do not take direct investments. We work exclusively with financial advisers, who assess your needs and recommend a suitable model. We then manage that portfolio on your behalf.

What does my adviser do vs. what you do?

Your adviser provides financial planning and ensures your investments remain suitable for your goals. Mitchell & Mitchell manages the underlying portfolios in line with market conditions, risk, and regulatory best practices.

I’m an adviser — how do I get access to your portfolios?

Please contact us through the website or your business development contact. We’ll walk you through onboarding, platform availability, and how to use our models in your client planning.

Platform Access & Charges

Where is my money held?

Your assets are held on a regulated third-party investment platform such as Parmenion, abrdn, Transact, or Quilter. Mitchell & Mitchell does not hold or handle client money or assets directly.

Can I view my investments online?

Yes — your adviser will give you access to the relevant platform’s secure portal where you can track your investments, view performance, and download reports.

About the Charges

What are the charges?

Investment charges typically consist of three main components:

1. Adviser charges – agreed between you and your financial adviser for the planning, advice, and ongoing relationship.

2. Platform fees – charged by the investment platform that holds and administers your assets.

3. Portfolio management costs – which include:

• The DFM fee (our charge for managing the model portfolios)

• The OCF (Ongoing Charges Figure) of the underlying funds held in the portfolio

• And, where applicable, a transactional cost (a small fee when fund trades occur inside the portfolio)

These fees are entirely standard across the industry — there is nothing unusual or excessive about their structure or application. All regulated investment solutions will involve similar layers of cost, and they are designed to ensure proper advice, governance, and access to a diversified investment strategy.

Your adviser will provide you with a clear, personalised breakdown of all charges before you invest, so you understand exactly what you’re paying for and why.

Is Compass more expensive than Atlas?

Typically, yes — Compass uses fully active fund management, which involves more oversight and trading. Atlas is designed as a cost-efficient alternative by blending active and passive strategies.

Regulation, ESG and Consumer Duty

Are you FCA regulated?

Yes. Mitchell & Mitchell Asset Management Limited is authorised and regulated by the Financial Conduct Authority (FCA), Firm Reference Number [Insert FRN].

Do you offer ESG portfolios?

We do not currently market ESG-specific portfolios. However, we comply with applicable sustainability regulations (such as SFDR Article 6) and monitor ESG risks as part of our governance process. You can read more in our Sustainability & ESG Position statement.

Do you comply with the FCA’s Consumer Duty?

Yes — we are fully aligned with the FCA’s Consumer Duty and committed to supporting advisers in delivering good client outcomes. Read more about our approach here.