FAQs
The investment world is complex, and ever-changing. A portfolio needs to be constantly and professionally analysed to ensure not only that the total content is appropriate to your current needs, but that it takes account of future requirements as your life changes.
Evans and Partners exists to provide a personalised approach to investment. We have significant experience across the many facets of financial markets. We aim to direct that experience and knowledge to the benefit of our clients in plain language, and within cost effective structures.
Our business model is based on the total service we can offer our clients. If we perform professionally, with a strong work ethic, in a “back to basics” way, not only will our clients profit, but our company's business goals will also be fulfilled.
Our staff have bought into our mission and our values, in the best possible way. Our corporate structure is more aligned to a partnership model, and all our key staff, analysts and advisers will share in the upside of our success.
Is my money safe with Evans & Partners?
Evans and Partners is an Australianowned business. We are well capitalised, with substantial initial capital provided by our founder, David Evans, and further capital injected by the firm’s staff and advisory board. We have no external shareholders.
We are primarily an agency business; that is, our core product is our advice and our service to clients. As such, we do not generally take risks with our capital that expose our balance sheet to market risk or put our interests in conflict with the interests of our clients. Hence, our clients’ interests will always come first, and our financial position will remain strong during positive and negative market cycles.
When you invest through Evans and Partners, where possible, your investments remain in your own name. We believe this is an important safeguard for you as it ensures you are not dependent on a custodian to release or realise investments to you. At all times you retain the power to act on your own account.
In circumstances where a custodian may be required, we ensure no securities lending is permitted.
Your cash is held with external banks or in cash management trusts with external institutions. Your cash does not fund investment activity on our account.
What is Evans and Partners’ research capability?
The mandate of our research team is to be flexible and seek out the best investment opportunities in equity and fixed-interest markets.
Our research team has an average industry experience of 18 years. With respect to Australian equities, our analysts have a broad, marketwide mandate to seek out those companies and sectors with aboveaverage prospects. Our investment horizon is two or three years and, as such, we attempt to identify opportunities that are undervalued by the market or have leverage to a macro or industry theme which we deem significant. We are now building an in-house capacity to replicate this approach for global equities.
Within Evans and Partners we also have expertise to provide advice on hybrid securities, fixed-interest and equity derivatives.
To complement our own research efforts, we utilise quantitative techniques to monitor and assess trends across global equity markets. We subscribe to all the major market data/service providers – Bloomberg, Thomson One, DataStream, Factset and Iress – and receive research feeds from other providers on both Australian equities and managed funds.
Through our Chief Investment Officer, we provide research views to support our asset-allocation recommendations and provide recommendations on portfolio strategy. Our core publications are The View from the Outer, a weekly newsletter with a focus on investment themes and current issues; The Financial Engineer, a monthly that focuses purely on Australian equities and contains our latest views on portfolio design and stock selection; The Ore Zone, our monthly look at the resource sector, and The Reality Channel, an industryby- industry analysis. We also deliver our latest ideas via The Morning Mail, a daily four minute market video delivered directly to your inbox.
I am used to a substantial reporting package – both in print and online – with my current broker. Can Evans and Partners provide a similar or better service?
We are in the fortunate position of having no legacy IT systems.Consequently, we have been able to build the optimal mix of technologies for delivering accurate and detailed portfolio information to clients and portfolio analytics to advisers. Your portfolio information is available 24/7 on our website and available real time. Importantly, our systems can be paperless where requested. This includes contract notes via email, as well as electronic portfolio reports and bank statements.
How can Evans and Partners, a new business, have established a scalable and well-managed back-office?
We haven’t. We have outsourced our back-office functions to Berndale Securities. Berndale Securities is a subsidiary of Bank of America.
Is it simple to move my accounts to Evans and Partners?
A traditional broking account will be operative within one week and your share investments will move to Berndale Securities.
For clients seeking a Full Service relationship, a longer period should be allowed to collect your cost bases for capital gains reconstruction. If your managed funds and share investments are to be transferred from a custodian, there may be delays as we await the release of stock by the custodian.
Will you have ‘house product’ to offer?
We will assess a range of investment products before we recommend any to our clients.
We prefer, where possible, direct investment solutions. However, where a need or opportunity is identified, our approach will see us tapping the capability of a wide range of providers. In limited circumstances we may recommend to you an Evans and Partners product. However, we will always provide you with alternative investment options.
How much money do I need to be a client of Evans and Partners?
There’s no amount, large or small, that we require clients to have. The decision is up to you. Advisers who join Evans and Partners have asked themselves whether Evans and Partners is the best place to advise their clients from and answered ‘yes’. Clients should ask a similar question – is Evans and Partners the best place for you to receive sound and objective advice?
If the answer is ‘yes’, then come and see us and we’ll assist you on your journey. Our service approach belongs to all our clients, and the private client business is our future. We look forward to a long and successful relationship with you.