Stuart Dickson from Canaccord Genuity Wealth Management (CGWM) explains why many private investors choose to invest in an Alternative Investment Market (AIM) portfolio for the purpose of mitigating Inheritance Tax (IHT). Providing certain circumstances are met, HMRC place zero Tax on the Capital Gains made by an AIM portfolio meaning the entire value of the portfolio can be passed on completely Tax free. Not all AIM shares qualify for this special Tax relief (called Business Relief) so you will require a professional investment manager like Stuart and his team to make sure you’re only investing in qualifying companies with the best futures. CGWM are one of the UK’s largest investors in the AIM and have been running a highly successful AIM – IHT portfolio for their clients since 2005.
Ch 1. Can you take us through the principal tax exemptions that AIM portfolios offer?
Ch 2. Is the income that the portfolio provides also benefiting from business relief?
Ch 3. What sort of type of investors are AIM shares best suited to in your experience, Stuart?
Ch 5. There is more to investing in the AIM than just mitigating IHT?
Ch 8. How do you identify which companies qualify for business releif?
Ch 11. Do you ever include a company within your porfolio that does not qualify for business releif?
Ch 16. What does the future look like at the moment Stuart?
Ch 17. Do you see many investors drawn to AIM irrespective of the IHT benefits?
Ch 18. How does one get started with yourselfs?
Ch 19. Do clients put more money into their AIM portfolio as they get older?
Ch 21. What happens if a client suddendly needs their money due to unforsean events?
You may get in touch with Stuart and his Team using this form
Canaccord Genuity Wealth Management will process the information you provide in a manner that is compatible with the Data Protection Act 2018 (as may be amended or replaced from time to time) and in accordance with its privacy statement. Your information will not be kept for longer than is necessary.
Stuart Dickson
Senior Investment Director
Stuart is responsible for managing discretionary portfolios for clients, including ALPS. He is a member of the CGWM International Stock Selection, UK Small Cap Stock Selection and IHT Committees.
Prior to joining Adam & Company in 2011, Stuart worked as an Investment Manager for Ignis Asset Management for 14 years, managing retail, life and segregated funds, mostly in Japanese Equities as well as global funds.
Stuart is a member of the UK Society of Investment Professionals, affiliated to the CFA Institute.
Canaccord Genuity Wealth Management (CGWM) is a UK top-six wealth manager with a presence in 10 countries as part of Canaccord Genuity Group Inc. Established in 1950, it is now a leading global financial services firm, operating in wealth management and capital markets. CGWM’s offer spans investment portfolio services – including discretionary portfolio management, stockbroking and managed portfolio services, and financial planning – incorporating retirement planning, estate planning and intergenerational wealth planning.
We have grown our business and reputation over the years, and now in the UK and Europe, manage and administer over £32.5bn of assets (as at 30 June 2023).
Adam & Company is part of Canaccord Genuity Group Inc and thanks to the relationship with CGWM, investing with us gives investors based in Scotland access to a broad range of management solutions.
Please find below some helpful insights from Canaccord Genuity Wealth Management
Passing on wealth | Hayley Hamer
Managing inherited wealth | Sarah Windsor-Lewis
