TIDMHW.

Harwood Wealth Management Group PLC

07 February 2018

7 February 2018

Harwood Wealth Management Group

("Harwood Wealth" or the "Group")

Harwood Wealth selected to manage Frenkel Topping mandates

Harwood Wealth Management Group (AIM: HW.), a leading UK-based financial planning and discretionary wealth management business, is pleased to announce that it has been appointed as portfolio research partner to Frenkel Topping Group plc ("Frenkel Topping"). Harwood Wealth, through its wholly owned subsidiary Wellian, will be providing the portfolio research element of Frenkel Topping's investment management services.

Frenkel Topping has agreed to pay the Group a fee relating to the size of Frenkel Topping's discretionary assets under management by the Group which will initially be approximately GBP250 million. As volumes of funds managed by Frenkel Topping increase, the percentage fee payable to Harwood Wealth will reduce.

Alan Durrant, Joint CEO of Harwood Wealth Management Group, stated:

"We are delighted to have been selected to manage the portfolio research element of Frenkel Topping's investment management services and look forward to a long term relationship that is beneficial for all stakeholders. This mandate is further proof of the robustness of our 'Insourced Investment Director' model that allows our partners to define the portfolio characteristics and leaves us to carry out the day-to-day management within these objectives."

For further information please contact:

 
 Harwood Wealth Management Group 
  plc 
  Neil Dunkley, Joint Chief Executive 
  Officer 
  Alan Durrant, Joint Chief Executive      +44 (0)23 9355 
  Officer                                   2004 
 N+1 Singer Advisory LLP 
  Alex Price / James Hopton (Corporate 
  Finance) 
  Alex Laughton-Scott (Corporate           +44 (0)20 7496 
  Broking)                                  3000 
 Alma PR 
  Josh Royston / Rebecca Sanders-Hewett    +44 (0)20 8004 
  / Susie Hudson                            4218

This information is provided by RNS

The company news service from the London Stock Exchange

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February 07, 2018 02:00 ET (07:00 GMT)

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