Many busy working people prefer to have someone close-by - so they can call on help just when they need it. Because we live and work in the local community, it means we can answer those pension or investment questions or recommend timely actions when ever you need us to - all on a face-to-face basis.
Popping round to take you through all that pension paperwork or update you on the latest pension legislation is an extremely valuable part of our service.
These days people are so busy they rarely get a chance to sit-down and read the newspaper - let alone keep abreadst of the daily changes to pension rules and legislation and the ups and downs in their investments. You can be assured that we are doing just that and are available to explain what any changes mean for you and recommend timely actions to help you achieve your goals.
Because we live and work in your local community, we can offer a fully bespoke, unlimited on-going face-to-face service.
This means that long after our initial meetings you can be assured we will be on-hand to guide you through the many changes that will happen in your financial affairs.
You can count on us to have the best qualifications in the industry.
Our knowledge and technical expertise far exceeds the minimum requirements as set by the Financial Services Authority and in fact we are amongst an elite few Financial Planners in the UK that have been invited to Fellowship of the Personal Finance Society - the pinnacle of a Financial Planners career.
Indeed, from our Chartered Accountancy background, to our Chartered Financial Planning status, through to our Fellowship of the Personal Finance Society you can be assured we possess the requisite knowledge to keep you on track.
We are a fiercely independent local family firm.
We have absolutely no affiliation or link to any bank, life company or national firm of advisers meaning we are able to recommend independent financial plans which are right for you.
If you encounter a financial adviser from a bank or national firm it is likely he or she will have monthly sales targets and pressure to shoe-horn clients into template, generic solutions or tied providers contractually agreed at a national level. With Wealth West these issues disappear.
We are free to work purely in the interests of our clients in a personalised manner. It really is what is right for you. It is all about you.
Brian and Sally are very successful. Brian has his own business and Sally works as a teacher. When I first met them for their Discovery Meeting it was obvious that they’d done a great financial job too, accumulated a lot of different investments, policies and were clearly well protected in terms of insurance policies.
What they didn’t have was a plan. We provided them with clarity on what their current situation was and how aligned it was to their overall aims and goals.
We reviewed their pensions and consolidated them into an easy to manage account and explained to them in layman's terms what the value of the consolidated account was, what it was invested in and what was required to help meet their retirement goals.
We also recommended a Tax Smart Investment, which has literally saved them £10,000 in income tax and created tax free growth for their retirement in 5 years.
Brian and Sally are over-joyed at saving tens of thousands of pounds in tax as well as having a much clearer idea of where they are and what they need to do.
John still has 15 years to go until his normal retirement date of 60. However we want to maximise that time and give his pensions and investments as much time to grow as possible.
We have been religiously using John’s ISA allowance each year and have also started maximising his pension contributions which have meant his retirement pot has benefitted and not the tax man.
As John has many years to go until he will need the money we have decided to invest the ISA and pension money in equities and property for long-term growth. At a recent review we switched more money to Asian Equities and Emerging Markets where the dynamics suggest greater potential for long-term growth. We will of course monitor that situation as retirement draws closer.