Step by step –
Wealth management
How does our approach work?
We work with each client on an individual basis to establish what is required, and we will consider a range of strategies that can help manage your wealth. You can see the individual stages of our planning process below:
Initial enquiry
Our process starts with us contacting you to arrange a convenient time and place to meet.
Ahead of our first meeting, we’ll require you to gather basic financial information which enables us to develop a clearer picture of your particular situation. We’ll need to see documents, including life assurance, mortgage, pension, savings, investments and bank statements. This is also an opportunity for you to outline the issues that you’d like to discuss.
Your review
The next step is for us to assess your current financial position and help identify your goals.
At your review, we provide information about our services and the type of advice we offer. If there is anything you want to discuss, your review meeting is the perfect time to consider these other areas. We assess your assets and liabilities, discuss your objectives and priorities, and consider your attitude to risk.
Preparing our recommendations
Using the information obtained from you, we develop a detailed financial plan.
We look at whether the financial plan will fit in with your lifetime goals and make sure you are comfortable with the timescale for implementing the plan. Your opinions are always important to us. We research the market, review different solutions and providers, and follow up with the preparation of a document outlining a strategy tailored to your individual goals and circumstances.
Presentation of our recommendations
We take you through our recommendations in detail.
We explain why we’ve chosen specific solutions and outline product features. Our goal is to ensure that you understand why we have recommended certain products or a particular advice strategy. We’ll also discuss the cost of any future work and explain how you can check on investment performance.
Preparation of your financial plan
We support you through all areas of financial planning
As part of our offering, we also provide lifestyle financial planning, mortgages, tax planning, Inheritance Tax mitigation, retirement planning, protection planning and investment advice. We’ll prepare a detailed financial plan so you can make informed decisions. We provide solutions for the diverse needs of clients, enabling you to structure your finances as efficiently as possible. We’ll work with you to consider all the options, based on your needs and risk appetite.
Optional ongoing services
At this point, you’ll agree on how often you want to review your plan with us.
The frequency and level of contact we have is up to you. It could be face-to-face meetings, over the phone or by email. If your circumstances change, we also need to know so that we can review what further changes your plan may require. These would typically cover life-changing events, including getting married, having a baby, a promotion or buying a new property – all events that may affect your finances and will require you to reassess your financial planning strategy.
Dependent on your requirements
