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Novia Global launched in October 2015, bringing the benefits of online platform technology to the key international markets.
They provide a platform service for advisers, private banks, trust companies and their clients.
Novia Global offers advisers, private banks and trust companies the opportunity to efficiently and effectively manage investments.
Their platform service provides access to a wide selection of assets, a suite of portfolio management tools and a choice investment management services.
Their core operating system is delivered by GBST.
GBST has been developing software solutions for funds administration and financial services since 1996.
Novia Global is a limited company that is registered in England and Wales. Its registered office is Cambridge House, Henry Street, Bath, BA1 1JS.
They provide access to two types of products:
Novia Global is regulated in the UK, under the Financial Conduct Authority, and is also widely sold in Dubai, Hong Kong and various EU countries.
How the platform keeps client assets secure:
Novia Global provides access to two types of products, a Global Investment Account (GIA) and an International SIPP (ISIPP).
Each product benefits from a variety of portfolio management options, including:
Novia Global Limited is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom.
Unlike some other options, the minimums aren’t published on the website, but most people start with at least $10,000 — with $50,000-$250,000 being an average client investment size.
Novia Global currently offers access to over 300 funds managers with more than 7000 funds.
The Model Portfolio Manager (MPM) tool, enables advisers (with the appropriate discretionary powers), private banks, trust companies and discretionary fund managers (DFMs) to take full administrative control over their model portfolios, creating and managing them online.
MPM is also linked to their other analysis tools so models can be researched at the point of construction.
There is an instant submit, with no “overnight refresh” so advisers, private banks and trust companies will be able to build portfolios and use them within the hour.
The reports help obtain supporting information about the investments held through Novia Global.
Their benefits, as listed by Novia Global, include:
The performance has not been great...
The reports are useful but overall, I am not sure I made the right decision.
Our verdict is that Novia Global is one of the stronger adviser-led international platforms.
It has excellent technology behind it, but is more expensive than other options, and still enables offshore salespeople to earn extra commission from your investments.
If you are a senior international professional investing with Novia Global, and your portfolio is worth approx. £250,000 or more, we recommend a Second Opinion.