Services for families

For many of us, our main priority is to take care of our family.

Wealth management can play an important part in this through the strategic management of a family’s finances over the long term. This can involve a number of things:

Objective setting and planning

We work with families to understand their financial objectives and to develop a plan that not only aims to achieve these in the most tax efficient way, but also best meets the family’s own circumstances. This could include:

  • Establishing tailored investment portfolios for long term financial security
  • Looking at pensions to ensure an appropriate amount is being contributed and the investments in it are being managed properly
  • Establishing trusts for family members or for specific needs, such as to pay school fees
  • Setting up Junior ISAs or stakeholder pensions to get younger members of your family started on their savings journey
  • Reviewing the family’s protection needs

Estate planning

We can help you protect your assets and ensure that more of your future estate passes to your loved ones. This includes looking at establishing trusts if appropriate, taking out life insurance, gifting, and making sure you have up to date wills and powers of attorney in place.

Risk management

We are here to help when things are going well and not so well. By identifying and managing various risks, such as market volatility, inflation and interest rate movements, as well as unforeseen life events, we can help you protect your family’s wealth.

Tax planning

It’s important that you make use of all tax allowances that are appropriate for your circumstances. This might include considering tax-efficient investment options such as Venture Capital Trusts (VCTs) and Enterprise Investment Schemes (EISs) where suitable.

Education and communication

We appreciate that personal finance isn’t taught in schools and is not a topic of conversation every family enjoys, but we are a big believer in helping to enlighten families on financial matters. Should our clients wish to hear about legislation change that may affect their family’s wealth, market conditions and investment performance, we happily keep them updated.

If you would like to start the conversation, please get in touch