Our approach to wealth management provides a distinct service of holistic Independent Financial Planning. We act on an advisory basis.
FINANCIAL PLAN STAGES
Our approach to wealth management provides two distinct but complementary services of Independent Financial Planning; we act on an advisory or discretionary basis.
The advisory approach is based on a written client agreement. We recommend an investment or action, which you can then accept or reject. Our advisers follow the regulatory principle of “know your client” before giving advice and record the key information about your objectives, attitude to risk and general circumstances. Each transaction must be authorised by our clients.
The discretionary approach is based on a written discretionary management agreement, which confirms your objectives and attitude to risk, and defines our remit and powers. We have the authority to make decisions day to day on your behalf, within the parameters of the agreement, without seeking authorisation for each transaction.
By working through a series of logical steps, your adviser will help you gain a better understanding of the options available. And by working together, you will devise and implement the most appropriate financial solution to help you achieve your objectives.
We have a 6 step process for successfully creating and managing our client’s portfolios:-