Impartial and Independent financial advice
You may be a business owner, a professional or senior executive or maybe someone who has inherited funds or the head of a family who have over generations’ acquired sizeable assets. You may be seeking wealth management advice on the best way to structure your finances manage your investments and mitigate tax.
Generally the clients we aim to help are those who leave the technical stuff to us after all this is what you are paying us to do, we often find clients do not want to worry about the technical aspects of investing but they do want someone else to worry about it for them, this is where we add significant value.
Whatever your financial situation, we can offer a solution. If you have between £0.5m and £10m in investable assets (including pensions, investment portfolios and cash holdings) we can provide impartial financial wealth management advice centred on your goals.
Frequently Asked Questions
We are wholly fee based always have been, we do not accept any commissions from product providers so when you deal with us you can be assured we work for you as the fee is the same irrespective of the variety of products available. Details of our fee structure is set out in our service and payment agreement and is available on request.
You will note we offer a competitive and transparent charging structure we do not charge performance fees and generally we do not do one off items of work as we prefer to be a long term trust based relationship with our clients where a single item of work is preferred or determined the fairest way to charge we will provide you with a project fee for project completion.
The answer is largely dependent on your circumstances and what you want these funds to do, this is what a financial plan can illustrate as part of a cash flow analysis.
Dependent on your circumstances investment wrappers such as individual savings accounts (ISAs), investment bonds, offshore investments, personal pensions and stakeholder pensions and even self-invested personal pensions (SIPPs) or a combination of all available products if suitable.
It is important to consider tax implications including liabilities of inheritance tax that may now have occurred due to your inheritance so different mitigation tools can be used also including trusts and investments which include business property relief if these higher risk strategies are suitable.
The important thing to remember is that this was someone’s, possible a parents legacy for you and their wishes will no doubt include you to make the most of your inheritance and if you are motivated to do the right thing with the funds this should include independent impartial financial advice.
Yes of course we can, our £0.5m threshold is generally the level of assets we help clients with it is not a prescriptive amount and we often assist people who have less than these assets.
If you would like to benefit from our private client proposition known as Spectrum Wealth we do require assets in the region of £0.5m or very close to mainly because we want you to benefit from the service proposition and there is little point in asking you to pay for something you do not need and will not benefit from.
We have several service propositions which you can choose from and we are generally able to help almost any client who has assets to invest whether you wish to utilise your annual individual savings account (ISA) allowance or your annual pension allowance.
We strive to be as flexible as we possibly can be for our clients whilst maintaining accessibility so the amount of assets you have is not a barrier to the advice we provide.
No we do not charge performance fees, we are vehemently critical of performance fees because you do not know whether changes to a portfolio of investments are for your benefit or for the fund manager’s performance fee.
How can you tell the risk you are prepared to take does not change over time so that the fund manager can obtain an ever increasing performance fee?
Clients are generally critical of charging a fee based on the amount of money initially invested and this to a degree is understandable however they often suggest a performance fee would be preferable we argue this is not the right approach for the reasons above.
We frequently help business owners who have recently sold a business who wish to invest their capital, since selling your business you will possibly want to look at providing an income. We provide a financial plan using cash flow analysis which will illustrate how much income may be required or ultimately what you want your investment capital to achieve.
Investment strategies which could include investments such as individual savings accounts (ISAs), investment bonds, offshore investments including offshore bonds, exchange traded funds and even pension schemes are all viable investment strategies. No one size fits all and a combination of investments may be required to deliver on your goals.
Another priority would be to manage the tax implications and it is of paramount importance to ensure a robust tax planning strategy is implemented so that you keep more of your investment capital.
This depends largely on your individual circumstances we would suggest you arrange an appointment with us to discuss your circumstances and to access the suitability of what your estate agent is suggesting. You are right to question what the estate agent has said as you cannot escape the obvious vested interest the estate agent has in you purchasing commercial property from them.
A few things to consider when purchasing commercial property as an asset is that the often quoted “you never lose money in bricks and mortar” is far from accurate like any asset class it has its own investment cycle and has gains and losses like any other asset class. Physical commercial property in times when property markets are depressed in particular can be illiquid meaning you may not be able to realise an investment as quickly as you hope or at a price that is attractive.
Letting properties can also be costly and labour some if you defer this to a third party for example a letting agent this will cost additional fees and will reduce the investment yield, maintenance can further reduce the investment yield and void periods can occur and income disappears.
Having said that physical commercial property could represent a good form of investment diversification and could provide attractive growth over the long term, it is the same as any investment you need to be fully aware of the implications and the reality of what can occur if things do not work out how you intend.
If you are keen to have commercial property as part of an investment strategy you could invest into a commercial property fund which will no doubt be less costly and certainly more manageable it will also be even more diversified through different types of commercial property certainly UK wide possibly even globally. Such investment funds can also be invested in tax efficient investment vehicles such as individual savings accounts (ISAs); self-invested personal pensions (SIPPs) and offshore investment bonds.
However in the first instance please call us to arrange a meeting to see if we can help you navigate this maze.