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 key principles that we adhere to in all of our business activity:
As an organisation, we must know information about our customers pertaining to identity, financial status, occupation and address details backed by documental evidence or proof. KYC is in place to establish the identity of the customer 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 last 3 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
Ensure that sufficient information is obtained on the nature of the business that the customer does 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 are then able to supply you with the most relevant and up to date opportunities that may be of interest to you.
When it comes to investing, our experience has illustrated that discipline is one of the key components to success. We also believe that it is important to be patient and to look at the long term upside as well as 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 great communication are very similar in that both require focus, and the ability to decide what's important 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 has been made, it is important 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."
''The continuous pursuit of knowledge and information gathering will over time serve as a great teacher.'' - Glenn King.