With over 70% of all drinkers seeing aged Rum as a sign of a premium product, demand for aged Rum has never been higher. 2020. Whether youre Am I comfortable with the level of risk in question? Is it because they quote different prices to different people, depending on what their sales-person learns about how much money you're looking to spend when they phone you with a high-pressure sales call? An industry that was previously reserved for those in the know, Whisky Partners is proudly making all aspects of cask ownership easily accessible to all. But what about the prospects for alcoholic liquid gold? This cookie is set by GDPR Cookie Consent plugin. That is why FCSC and FDIC insurance exists, so that savers can get back at least some of their money if their bank fails. Either at auction, to independent bottlers, to blenders or to private investors and collectors. You can learn more about the fascinating history of World Whisky day and its creator, Blair Bowman in our dedicated blog post found here. When your cask is ready to be sold, we can help you explore your options to get the very best value for your whisky. I've bought whisky in barrels since the early 1990s and I find WIP efficient and courteous and a pleasure to deal with. Find out how we combat fake reviews. But with interest rates on easily accessible cash savings at near zero, fraudsters and rip-off artists are finding it ever easier to trap the unwary, because they need only offer high single-digit returns to entice those trying to grow their money. Whisky Partners is at the forefront of cask ownership, proudly helping our clients start and manage their unique portfolios. What was the last price paid for whisky like mine? Finished in September, The Intrepid is the largest bottle of Scotch Whisky ever created. Download Your FREE Guide Whisky Cask Market Returns 8-12% Average return per annum over the last 10 years #whisky #scotch #caskownership London, Leeds & Barcelona whiskypartners.com Joined June 2022 247 Following 59 Followers Tweets & replies When buying whisky as a cask investment, check that the broker in question has the required tax licence relating to the country in which the casks are being stored. Our world-class team will be by your side throughout the investment journey. And its not just casks setting new records either. Our client Roger is now retiring early after his Scotch whisky investment earned him an incredible 225,000. Sign up for the latest WP news and exclusive offers. It may take several years before your bottles have appreciated enough in value for the investment to have . Reputable companies publish their company number on their website and also provide details of who is directing the organisation and where they're based. As well as buying into producers with a successful track record, whisky investors tend to favour certain flavours and this can affect the price that a bottle ultimately fetches. We mined a whisky business expert for some tips on investing in the coveted spirit. We help Investors get involved in a Billion-pound market that has shown average returns of 8-12%* over the last couple of decades. Is there an active market for my specific whisky? Suggested companies are based on peoples browsing tendencies. 2 likes. But you really should check this out for yourself. Our UK-based teams from the Leeds, London and Brighton offices recently came together for our annual end-of-summer review, apologies to our incredible LGT, the private banking and asset management group owned by the Princely Family of Liechtenstein, has reached an agreement with abrdn to acquire its discretionary fund management business in the UK and Jersey. Great service & very professionally presented. Policies Link opens in new tab . "Do your own due diligence" as chatrooms and forums say (DYODD). So, how can ordinary investors gain the knowledge and experience to differentiate between a likely scam or rip off and a genuine investment opportunity? Since 2015, when WhiskyInvestDirect first enabled ordinary investors to own maturing Scotch whisky efficiently, there have been hundreds of attention-grabbing headlines proclaiming the returns on investing in Scotch. The key, of course, is to buy the right bottles usually from iconic distilleries in limited releases. It adds that. All Rights Reserved. Your financial situation is unique and the products and services we review may not be right for your circumstances. The large sum of future tax revenues tied up in maturing Scotch means the government wants to know where it is and who's caring for it. First Name * Surname * Phone * Email * Consent I agree to the privacy policy. Second only to rip-off prices, the biggest scam in physical assets like Scotch whisky is fake quantity or quality. Choose which distilleries on our live order board. Ignore any offers of 'assured profits'. ", "Everything was simple & straightforward. Whisky Investment Partners exists for just one purpose - to make Whisky Cask Investment easier for. Maturing whiskies, like most physical assets, dont fall under financial regulation, because they are already governed by simple and well-understood property law, such as Sale of Goods in the UK for instance. This website uses cookies to improve your experience while you navigate through the website. By combining our trusted contacts and expertise here in the UK with the incredible Rum Casks from distilleries abroad, we can securely age Rum Casks to fulfil the demand in this emerging market. Does whisky have a place within an investment portfolio? Copyright Whisky Partners 2022. I look forward to receiving many years of great service from Whisky Partners.". All casks are stored within HMRC-bonded warehouses and are subject to strict rules and regulations set by HMRC. Time after time, whisky investment scams like scams in wine, rare coins, fine art or other 'collectibles' come down to ripping people off by charging them far too much. Investing in whisky should certainly be chalked up at the risky end of the investment spectrum. The Whiskey & Wealth Club and HMRC-approved Whisky Investment Partners are just two of many to choose from. Reputable organisations should provide all required and relevant information on their website for all to see. This comes from two main sources. Highland distillery, Loch Lomond currently sponsors the Rugby League Super League and even produces a limited edition bottling for both Challenge Cup semi-finalists, Hull KR and Huddersfield Giants! Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Great service & very professionally presented. With an office also based in Leeds, Whisky Investment Partners is proud to be sponsoring the worlds oldest and most prestigious Rugby League competition. We, us, our - Blackford Casks Ltd (trading as Whisky Investment Partners) Personal information - Any information relating to an identified or identifiable individual. This lack of transparency should cause any potential investor to ask why. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Freddie Mitchell is knowledgeable guy and no pressure or sharp sales tactics- he sends the information you need and helps to get you the right investment. But opting out of some of these cookies may affect your browsing experience. While returns of 4,700 per cent are exceptional, and whisky investments are unlikely to help you retire early, the key principle to bear in mind is that whisky casks do naturally appreciate. It is clearly shown by a public Audit online for all the Scotch traded on WhiskyInvestDirect. ShandyAndy_2 Forumite. Receive your cask numbers and all ownership documentation. They look after their investors. Markets Scotch Whisky Is Exported to globally, Classed as a wasting asset, returns are tax free. We might not all get a cask of Macallan that skyrockets to earn an annualised 16.5% per year, but even the lower-cost Tobermory cask saw a great return of 11% per year over the time held. Where ever you might be on Saturday the 21st of May, we hope youll raise a dram in good company, enjoying the splendour and success of this incredible spirit! The contents of a cask wont change significantly a couple of weeks later, and if the provider trying to sell it says they won't have any more stock to offer, how reliable or stable do you think their business sounds really? We help investors get involved in a billion-pound market that has shown average returns of 8-12%* over the last couple of decades. We have emailed you in order to look into this matter further and we apologise for any inconvenience caused.Kind regards,Whisky Investment Partners. Scotch Whisky is an integral part of scotland and the uk's global export strategy In 2019, Scotch Whisky accounted for: 75% of Scottish food and drink exports 21% of all UK food and drink exports 1.4% of all UK exports Source: Scotch Whisky Association WATCH Sourcing casks and the importance of relationships Does whisky investing need to be regulated? All Rights Reserved. As a specialist whisky cask stockist based throughout the UK, Whisky Investment Partners exists to make purchasing whisky casks easier for investors. Whisky Investment Partners | 1.299 follower su LinkedIn. I agree to receive the Forbes Advisor newsletter via e-mail. Whisky is a specialist area which should only ever account for a fraction of ones investments. It only takes a few seconds to search LinkedIn or the wider internet to check a company's or individual's history. To be called Scotch whisky, the spirit must mature in oak casks in Scotland for at least three years. An estimated 22 million casks lie maturing in warehouses in Scotland. #whisky #scotchwhisky #alternativeinvestment 134-136 Buckingham Palace Road, SW1W 9SA London, United Kingdom, UK Nothing is 100% safe in the financial markets, not even cash in the bank. We use cookies to remember your site preferences, record your referrer and improve the performance of our site. Whisky Partners is a trading style of Blackford Casks Ltd. Once payment is made you will be allocated a cask and sent ownership documentation. Take the US stock market which, having fallen by 20% since the start of 2022, is now in classic bear market territory. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Rum is rapidly emerging as the next spirit to break into the premium market. Sign up for the latest WP news and exclusive offers. Whisky Investment Partners are a specialist whisky cask stockist, their sole purpose is to make whisky cask investment easier for investors, whatever your level of experience or knowledge. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. We help investors get involved in a billion-pound market that has shown average returns of 8-12%* over the last couple of decades. Despite not being an expert in whisky, Mr Parfitt spent 3,200 on a cask of single malt Macallan and another 1,500 on a cask of Tobermory back in 1994. Website. If you still need help, please visit our contact page.. Back to homepage More crucially, why hide cask purchase and sale prices and transaction costs? Containing 311 litres of 32-year-old Macallan single malt from two sister casks, The Intrepid will be sold at auction just four days after World Whisky Day, on May 25th. This lets you compare our prices and costs against other offers and importantly see the live price you will receive when you sell. What are the costs involved in finding a buyer and selling my whisky? Scotch Whisky casks offer incredible opportunities to their owners, its a product with high global demand but very limited in its supply. The company is very attentive and very professional. This site does not include all companies or products available within the market. Helping You Make Smart Financial Decisions. Look further too. They look after their investors. We can't falsify the cask lists, because the warehouse companies are independent of us, and they can check we're publishing exactly the lists that they have sent us. We can even buy your cask from you, making selling as easy as possible for our clients! In my experience they deal absolutely fairly with all parties and can be trusted. ", "Everything was simple & straightforward. Purchasing the right cask can be a daunting task for most whisky newcomers, however, with Whisky Partners it has never been easier. Open a WhiskyInvestDirect account and buy whisky today, See all guide-to-whisky articles History of Scotch whisky Legal definition of Scotch Production process Scotch whisky regions Types of Scotch whisky Whisky price indexes Whisky or whiskey? Needless to say, these headlines have attracted investors to WhiskyInvestDirect and at the same time encouraged unscrupulous operators to try to make a fast buck on the back of these articles. Whisky Partners is a trading name of Blackford Casks Ltd. Whisky Investment | Whisky Investment Partners What is the best performing asset class of 2020? To agree to our use of cookies, click 'Accept' or choose 'Options' to set your preferences by cookie type. Rickesh Kishnani has been making money from whisky for years. A recent customer survey revealed that one in four investors are looking to gift their portfolio to a friend or relative.