Financial planning
A cornerstone of our innovative integrated wealth management proposition is financial planning. This encompasses two distinct levels:-
Strategic Financial Planning
In our experience all prospective clients know what they would like to achieve. However putting together a disciplined, cohesive plan in order to achieve your goals often proves too time consuming and complex without professional help. Too many other conflicting pressures in your busy life prevent you from applying the same focus as you do in your business life.
We believe that before embarking on any tax planning or portfolio management that private clients and trustees should develop a dynamic and evolutionary "Strategic Plan for Life". The key drivers of this plan are your objectives/aspirations, life expectancy and assumptions.
Your "Strategic Plan for Life" is adaptable, flexible and is usually reviewed annually.
Tactical Financial Planning
This is clearly aligned to the "Strategic Plan for Life" and encompasses ongoing financial advice, tax planning and portfolio management. We recommend that such a plan covers a 12 month period. It is reviewed annually or more frequently as dictated by major economic, regulatory, tax, political or personal changes.
The benefits of Strategic and Tactical Financial Planning
- Ongoing advice is in context and clearly understood by you
- A greater chance that your long term goals are achieved
- It is measurable and easily monitored
- Confidence in planning for your future