“What you are offering is exactly what we want – boring stability is very good for us and permits us to deal with other matters like enjoying ourselves, knowing that our investment package is in good and safe hands.”
You only get one shot
As with many of our clients, Mr and Mrs Wright are bright, educated and have built up substantial assets from their income. Along the way, they have acquired products or funds from a variety of sources, but mainly from running a profitable business.
One of the first things Mr Wright said to us was “I built my business from scratch, but as I now approach retirement, I’m aware that if I make a mistake now, it’s too late for me to go back and make my wealth again”.
Keeping it safe
We quickly established that whilst they have indeed done very well, there were key areas that they were in danger of not getting quite right. The restriction in the Lifetime Allowance was likely to affect them, but equally, they had not used all the legitimate allowances open to them.
Using Capital Gains Tax allowances where possible we have restructured their portfolio to reduce cost, whilst being very mindful of their attitude and capacity for investment risk. We were able to reduce many of their costs by around 1% per annum – a significant gain!
As the initial phase of working with Mr and Mrs Wright comes to an end, we can focus on being the ‘safe pair of hands’ going forward and giving sound, technical financial planning and guidance.
Intergenerational
We help many of our clients pass wealth sustainably down through the generations, so that it can be enjoyed far into the future.
Read about how we do it.
Financial Independence
Smoothing the transition into retirement. Read about Mr and Mrs Somerset’s experience of working with us in this way.
World Citizens
Financial management across borders is hard – we know, we’ve done it ourselves. Read about how we helped Dr and Mr London manage their transition from South Africa to the UK.
