We all want our savings to grow but rising living costs and low interest rates can erode the value of your cash savings over time. Investing is the obvious answer if you want to get your money working. The question is, where do you start?
Some people are looking to grow their wealth whilst creating income or growing the capital may be a priority for others. We can help you create an investment strategy that satisfies these aims and can also address any concerns that you may have regarding Inheritance Tax.
What do you want from your money?
Perhaps you already have some investments but are be unsure as to whether they are suitable for you or working hard. Alternatively, you may have cash and realise that leaving it all in the bank is not likely to be the best answer.
Creating a good investment portfolio is about much more than growing a pot of money. It requires balancing the potential for investment growth with keeping your money secure. All manner of factors can impact how your portfolio performs – from the health of the global economy and the individual investments you choose, through to your tax position and changes in the law. Good investment advice is not only crucial to help you make sense of your options, but to ensure you avoid the common investment pitfalls.
Can my finances maintain my lifestyle?
First, we will sit down to understand your current needs and discuss what could change further down the road. We will also take a close look at your current assets – whether that’s ISAs, pensions, property, or any other type of investment – to get the full picture of your position. We can use cashflow modelling to give you insight as to the cost of your lifestyle and whether this is likely to be sustainable over the long term from what you have.
For example, you may likely be looking for immediate income from your investments, but are unsure as to how your long term finances will be affected. None of us can be sure how long we will be around for. Hence, careful ongoing management is crucial to maintaining an ongoing income stream. Good financial planning means striking that balance between growing and preserving your wealth, while receiving the money you need.
Making the most of ISA, pension and other tax advantages
Tax can have a big effect on how well your portfolio does. The overall growth of your wealth will be dependent upon identifying the best investments for your needs and holding them in the best way to make the most of any tax benefits. We can help you decide upon the correct mix of ISAs, pensions and other investments to maximise tax savings.
Expert, independent financial advice at fair cost
We look carefully at what you currently have and if changes need to be made we will make recommendations. As independent financial advisers (IFAs) we consider options from the whole market and will make an unbiased, appropriate suggestion for you.
We are transparent and clear about what we charge for our services. See details of our services and fees to know exactly what you are paying upfront for both our initial advice and ongoing support.
Do you have ethical investment (ESG) concerns?
Many people wish to ensure that their investments are in tune with their beliefs. We have been helping people make ethical investment choices for over 30 years.
Supporting you now and in the future
Making the most of your wealth requires continuous assessment of both your position and your options. We will manage your investments and pensions to make sure your strategy is suitable for your changing needs and takes advantage of any tax breaks.
Phil and Joan were approaching retirement and wanted to know if they could afford to retire. They had savings and wanted a better level of income than they could get from the bank or building society or bank. Whilst income was important they also wanted to see their capital grow and assist their daughter.
Read Joan & Phil's story