We look to establish and carry out our work in line with your purpose of wealth, aiming to create the ideal balance between protecting, enhancing and enjoying your wealth.
Our Approach Has Three Distinct Phases:
Phase One | Understanding the whole picture
This is the discovery phase. We sit down with you and map out the current structure of your wealth. Understanding the purpose for your wealth will serve as a guide to creating a plan designed to achieve your strategic goals and objectives. We like to understand what the purpose of your wealth is, who the current providers are and if they are all working in concert with one another. Is there a wealth transfer plan for the next generation and who are the decision makers?
Phase Two | Creating a plan
We talk through how your assets can be aligned with their purpose and values. We often get asked to evaluate the fees being charged across different entities and the risk inherent within the existing investments. We work closely with all advisers to evaluate potential tax and estate issues and provide access to advice that might be lacking. This phase usually involves a deeper engagement with you creating family governance structures, supporting the next generation with educational programmes and financial literacy as well as helping to enhance communication channels.
Phase Three | Executing the plan
If required, we take responsibility for implementing the recommendations made in the first two phases. We can take oversight of the wealth strategy and investments; appointing, monitoring and replacing existing managers if necessary. We can perform extensive due diligence on investment opportunities and provide consolidated investment and tax reporting. With a deeper understanding of the direction of travel and the plan to get there, there will be an ongoing requirement for family education, providing support where needed and helping the family to stay engaged with their wealth going forward.
