Know Your Customer – KYC enables Oakmount and Partners to understand our customers and their financial dealings so we are able to serve them better and prudently manage the risks of Money Laundering prior to investing.
As an established business, we treat all clients as strategic partners, and we have four fundamental principles that we adhere to in all of our business activity:
As an organisation, we must know information about our customers regarding identity, financial status, occupation, and details backed by documental evidence or proof. KYC is in place to establish the customer's identity by using reliable, independent source documents, data or information.
For individuals, we will need to obtain identification data which needs to include:
Proof of Residential address: A utility bill dated within the last three months
A form of Photographic Identification: Either a copy of your Passport or Driving Licence
For corporates, we will need to obtain identification data to:
Verify the legal status of the corporate entity:
We ensure that sufficient information is collated regarding the nature of the business and the purpose of the account.
Oakmount and Partners provide a service for those wishing to retain overall control of their affairs whilst benefiting from our knowledge and expertise within the markets. Once we have established your objectives and risk profile, we can supply you with the most relevant and up to date opportunities that may be of interest to you.
Our experience has illustrated that discipline is one of the key components to success when it comes to investing. We also believe that it is essential to be patient and look at the long-term upside and short term gains potentially available in any chosen asset class.
''The stock market is a device for transferring money from the impatient to the patient.'' - Warren Buffett.
Great investing and excellent communication are very similar in that both require focus and the ability to decide what's essential and what's not. It is, therefore, imperative to understand what you are investing in and why you are buying it in the first instance.
Every investor should do their homework before making an investment decision, and once a decision is prudently made, it is crucial to re-evaluate your portfolio on a timely basis.
"Know what you own, and know why you own it." - Peter Lynch.
''A key ingredient for succesful investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage."