City Wrap

City Assurance has set up a special Wrap investment service exclusively for our clients. The Wrap provider is Seven Investment Management (7IM).

7IM was set up in 2001 by long established investment managers to create a unique type of investment offering, bringing investment, marketing, technology and client service expertise together. A crucial part of this included development of the ‘Tethys’ Wrap as an investment reporting and trading platform to allow wealth managers to manage investment portfolios and view them on line together with discretionary investment portfolios.

Tethys is currently unique in the UK Wrap market as it allows ISA and PEPs to be managed under the Wrap and other providers’ tax-wrappers, such as onshore and offshore investment bonds and Self Invested Personal Pensions (SIPPs) funds, to be either managed on the Wrap or electronically reporting in to it.

As a reporting hub it allows clients to view their investments in one place. We think this provides more flexibility and efficiently in building and maintaining a consolidated investment strategy than currently other Wraps and platforms.