Good advice when you need it

How could I benefit from financial advice?

A professional financial adviser will explore your options with you, guide you through the jargon, make a plan bespoke to you, and adjust it as things evolve. 

We will help you identify and work towards your financial goals, providing an objective, professional viewpoint to enable you to consider options you might otherwise not have thought of - or possible. For example, an adviser could help you grow and protect your wealth and prepare for retirement or reduce the amount of tax (such as income or inheritance tax) you pay.  

But the best thing we can offer is confidence: the feeling that you don’t need to worry about your money because someone else is looking after it for you.

For example, if a client wants to retire but isn’t sure they have enough money in their retirement pot, I can carry out some cash flow planning by looking at their savings and pensions and providing them with a clear set of options.

When should I seek advice?

There are key moments in life when financial advice can make a big difference. If you find yourself with a lump sum following an inheritance, a divorce settlement or selling a business, it is wise to make the most of it. Having someone talk you through the options, particularly if you haven’t had much money management experience can be a relief.

Getting married or divorced, starting a family or business or buying a house are obvious moments when you may want to reassess your finances. Still, you might just as easily find yourself growing your wealth and wondering what to do with it.  

We can also help you to form your retirement plan. After you’ve retired, you may well be thinking about your own healthcare and personal care and preparing to pass your assets on.  

What is financial planning?

Your adviser will want to get to know you and take the time to understand your goals, values, circumstances and life stage. We also explore how much risk you’re comfortable taking with your money and factor in other important considerations like the current economic climate and tax implications.

I like to use a fridge, freezer and larder analogy when forming a financial plan; you need a fridge for quick access, a freezer for longer-term savings and, a larder to last you the distance. We also make sure you’ve got some cash available in case of emergency.

With the right cash flow modelling, we can create an affordable, tax-efficient, flexible and bespoke plan to you. There won’t be any surprises because we’ll have discussed the options with you and your plan will be built on your choices. 

How often do you need to review your plan?

Annually is usually sufficient, but our door is always open. I’m always happy to talk to my clients, and they quite often contact me to discuss all manner of questions, including how to manage income in retirement and whether it’s possible to make pension top-ups within their annual allowance. 
 

If you’d like to find out more about financial advice, we can help. Get in touch for a free, impartial conversation.