Best execution and order handling
Heartwood Wealth Management (HWM) is authorised and regulated by the Financial Conduct Authority (FCA) in the UK. As an asset/wealth manager, we are required by the rules of the FCA to ensure that we take all sufficient steps to deliver the “best possible result” for you when executing orders you instruct and when we execute discretionary decisions to trade in assets on your behalf. This is referred to as Best Execution.
We are also required to provide you with a summary of the most important features of our approach to obtaining Best Execution which you can find below. More detailed information about our Order Execution Arrangements is available on request. Please contact us at: http://heartwoodgroup.co.uk/contact-us/london-office/ should you wish to obtain more detail.
MiFID II RTS 28 Top Five Execution Venue Reporting
In accordance with the requirements under the Markets in Financial Instruments Directive (MiFID II), we are required to summarise and make public, on an annual basis, information regarding the top five execution venues we used for individual classes of financial instruments in the preceding year, and information on the quality of execution obtained. Our RTS 28 report for the period 1 January to 31 December 2019 is available here. Our RTS 28 report for the period 1 January to 31 December 2018 is available here.