Discretionary investment management can help turn income into long-term wealth

For many professionals and other busy people, earning well does not always translate into feeling wealthy. A growing number of people fall into the category often described as HENRYs: high earners, not rich yet. They may have strong salaries, but they are also managing demanding careers, large mortgages and the rising cost of living. As a result, the challenge is not simply how much they earn, but how they can grow their net worth and build savings for the future.

Discretionary investment management can help you grow and protect your wealth for the long term. It is not about saving money in bank accounts; it’s about seeking growth opportunities across a range of assets. But you don’t have to make every decision yourself. A discretionary investment management service means your portfolio is professionally managed, enabling you to focus on your career, health and family.

What is discretionary investment management?

About a third of UK adults do not know what discretionary investment management is, according to Killik & Co research*. Discretionary investment management is a service where an investment manager makes decisions on your behalf within an agreed framework. That framework is built around your goals, attitude to risk, investment preferences and time horizon.

Being professionally managed, the portfolio can adapt as markets change. The investment manager will make investment decisions for you when it comes to buying, selling and rebalancing your portfolio. For a busy person, discretionary investment management can free up time and remove the pressure of having to act at short notice.

Killik & Co’s Managed Investment Service is one of the firm’s investment services. Based on a personal relationship, the process begins with a detailed conversation about what matters to you. Some 69% of adults want investments to support longer-term family goals, such as helping children or grandchildren, passing on wealth or planning for an inheritance, according to Killik & Co.

An Adviser then works to develop a portfolio that may include a range of investment strategies and asset classes, such as equities, funds, bonds and alternative investments. The aim is to create a diversified approach that reflects individual needs, supports long-term objectives and helps manage investment risk. In other words, discretionary portfolio management is not about handing over control completely, but entrusting the day-to-day management of your portfolio to a professional, reducing some of the pressure of managing it yourself.

Joined-up thinking

With Killik & Co, your Adviser makes investment decisions on your behalf, drawing on the market insight and specialist knowledge of the firm’s independent research team.

The firm combines investment management with wealth planning expertise, helping clients think not only about what to invest in, but how their savings, pensions, tax position and long-term ambitions can work together.

Regular reviews also mean investment decisions continue to reflect your objectives and serve to shield the portfolio from market noise.

Who can use discretionary investment management?

Discretionary investment management is not just for those with significant spare cash; it’s for anyone who wants to invest in a structured, methodical way. Whether you are already investing, trying to build wealth for the long term or planning for your family’s future, professional investment management can help.

*Methodology: Censuswide researched a sample of 2,000 UK Nat Rep between 17.06.2026 - 19.06.2026. Censuswide is a member of the Market Research Society (MRS) and the British Polling Council (BPC), and a signatory of the Global Data Quality Pledge. Censuswide adheres to the MRS Code of Conduct and ESOMAR principles.

• Talk to an Adviser: +44 (0) 20 7337 0777 or visit Killik & Co.
• Capital at risk: Please do remember that as with all investments, your capital is at risk. Past performance is not an indication of future performance.