Ilkley stockbroker Redmayne-Bentley says it will not follow an industry trend of increasing the minimum portfolio size required for discretionary or advisory clients.

The move follows an announcement from Barclays’ Wealth and Investment division that its discretionary management service would be no longer available to clients who have less than £100,000 in assets.

Ilkley branch manager Simon Flather said: “At Redmayne-Bentley the emphasis has always been on providing a personal service, regardless of the portfolio size. We welcome any investors who feel undervalued by their current provider and who would be interested in switching to us for a truly bespoke service.

Redmayne-Bentley is a national stockbroking and investment management firm with nearly 40 branches.