How we work
Your input to the planning process is vital - the more you put in the more you will get out. This might be disclosure of information or time spent considering your objectives.
Initial meeting
We can offer an initial consultation or "second opinion" at our expense without obligation. At the initial meeting you can explain your financial objectives and we will clarify how we work and how we advise. If we agree that there is a match between the service you want and what we can provide then we would normally provide a written Service and Fee Agreement for your consideration. If you choose to engage our services it would be for ongoing Financial Planning or a one-off project.
Service
The ideal arrangement for you and us is to have an ongoing relationship where your planning evolves to meet your changing priorities and objectives. This service is known as Financial Planning.
However, we acknowledge that Financial Planning may not be for everyone and therefore offer a Project based service for one-off transactions.
Financial Planning
Financial Planning is the process of identifying your objectives and attitudes then looking at your current circumstances before agreeing plans to make sure that you achieve your goals in the most efficient way.
Financial Planning develops to take account of your changing circumstances, attitudes, objectives and priorities. External factors will also effect your planning for example changes in the economic outlook, taxation and product advancement.
Every year we will help you decide whether you should contribute to ISAs and pensions, use your gifting allowance for inheritance tax and/ or plan for capital gains tax mitigation.
We can help with cash management by giving advice on cash deposits and national savings. Clients often use us as a "sounding board" for their own ideas.
Project
You can engage our services to provide advice on an individual project. No ongoing reviews will be provided and our advice will be limited to the areas you request.
Every client is unique, they all have different backgrounds, circumstances, experience of financial services, objectives and needs. Hence we seek to tailor our offer and service to each and every client to the best of our ability.
A written report is prepared put together which fully analyses the situation for the client and acts as a record upon which future decisions can be made. The report is discussed amendments made, if required, agreed then implemented.
We may tie up all the paperwork, liase with the organisations to whom we are entrusting the clients’ money and ensure it is all set up correctly and efficiently. It is usually cost effective for our clients to allow us to complete the final piece of the jigsaw, but not always.
At every stage of the planning process you are in complete control as to whether they want to progress with the relationship.
