The first question should never be whether product A or product B is the right one for you. Instead it might be how to go about protecting the wealth accumulated, or how assets should pass on to future generations, or just how to simply cope financially.
We have an initial meeting with clients, for which we make no charge to you and instead cover the cost ourselves, so that you can make sure you are comfortable with our approach and we can be sure that we can help. After that we set out what work we would do and what our charges would be – you can then decide if you would like to proceed.
But let’s be very clear about this. Getting advice doesn’t have to be expensive. Indeed that is often the mistake people make when looking at fee-based financial planning, but that is not the case. With modern administration systems and low-cost funds, investing for many has never been cheaper.
We work to manage your money efficiently, to produce the income required or one-off expenses at a low cost. The level of risk you are willing to take may well be significantly lower to that you taken in the past, but again this needs to be discussed and agreed.
So depending on how your assets are already set up and in place, the process may be: