Your Financial Focus™ is our comprehensive offering for Private Clients.

It addresses the eight key problems that in our experience are most commonly encountered by these individuals.

Here, we explain each stage, which can form part of a comprehensive process or undertaken in isolation, in more detail.

Your Personal Overview™ is a concise document that is presented to clients that includes:

  • A summary of their personal details
  • Details of income and expenditure
  • Clarity of assets and liabilities
  • An overview of existing provisions and financial arrangements that are in place
  • Details of any Wills and estate planning that are in place

Your Financial Arrangements Overview™ is a concise document that is presented to clients that includes full details and analysis of:

  • Savings and investments, such as ISAs (Individual Savings Accounts), Unit Trusts, OEICs (Open Ended Investment Companies) etc
  • Retirement arrangements, such as pensions
  • Protection arrangements, such as life cover, critical illness cover and income protection
  • Properties and mortgages
  • Any other assets

Your Financial Compass™ is a step by step process that helps clients maximise the benefits of money management and have a better understanding of how to deal with money on a daily basis. It adopts the ‘Compass’ method, which enables clients to:

  • Understand and identify very easily where money is being spent
  • Look at how to budget for future spend by using a structured and easy to operate bank account system
  • Repay any outstanding debt as soon as possible with focus and visibility
  • Accumulate emergency / contingency funds
  • Safeguard their family situation in the event of death, onset of a critical illness, permanent disability, long-term sickness or at retirement

Your Cash Management Focus™ is a step by step process that helps clients to maximise the monies they hold in cash and provide them with clarity, understanding and confidence that they have deposited funds according to their needs. It enables them to:

  • Maximise the returns for monies they hold on deposit in banks and building societies
  • Structure their deposit-based funds in a way that provides the accessibility they need when they need it
  • Maximise protection against the failure of any institutions they have monies deposited with

Your Protection Focus™ is a step by step process that helps clients and their families to:

  • Ensure they can continue to live the life they lead in the event of an adverse change of health
  • Identify and agree the level of financial resource needed in the event of a critical illness, disability, redundancy, long-term sickness or death
  • Understand what their current arrangements will provide, identifying any likely shortfalls
  • Identify the types and level of protection that are appropriate for them according to the Your Financial Compass™ model
  • Ensure that all arrangements are structured as efficiently as possible to enable speed of payment and tax effectiveness
  • Feel safe in the knowledge that their circumstances are reviewed regularly

Your Retirement Focus™ is a step by step process that helps clients to:

  • Identify an age where they will be in a strong financial position so that they can retire, if desired, at their ‘financial freedom’ age
  • Identify and agree the level of financial resource that is required at their ‘financial freedom’ age
  • Understand the likely arrangements they will need to have in place
  • Identify any shortfalls
  • Ensure that all arrangements are structured efficiently to ensure speed of payment and tax effectiveness
  • Ensure all arrangements implemented are in line with their risk profile(s)
  • Have the assurance that their retirement assets are being managed professionally, reviewed against appropriate benchmarks, are re-assessed and reviewed regularly, including any existing arrangement.

Your Investment Focus™ is a step by step process to help clients:

  • Identify and agree a sufficient contingency or ‘emergency fund’
  • Identify future events that may require capital resource (outside of any retirement plans)
  • Understand what their existing arrangements will provide
  • Identify any shortfalls
  • Prioritise saving options in line with the Your Financial Compass™ model
  • Ensure that all arrangements are structured efficiently to ensure speed of payment and tax effectiveness
  • Have the assurance that your investment assets are being managed professionally, reviewed against appropriate benchmarks, are re-assessed and reviewed regularly, including any existing arrangement

Your Mortgage Focus™ is a step by step process that helps clients to:

  • Ensure they have the most competitive and appropriate mortgage(s) for their particular situation
  • Have complete clarity and comfort that the mortgage(s) will be repaid at the redemption date(s) and that there is a suitable repayment vehicle in place if the mortgage(s) is / are interest only
  • Ensure the mortgage term(s) suit(s) their overall financial objectives
  • Be aligned to the type of interest rate(s) that suit(s) their requirements, having assessed their thoughts on how interest rates may change in the future i.e. variable, fixed, capped, discounted or tracker
  • Maximise the return on savings by considering offset and current account mortgages
  • Have confidence that any borrowings are affordable to them and balance the cost of these within Your Financial Compass™ model
  • Have confidence that any new borrowings are implemented promptly and efficiently
  • Have confidence that any borrowings will be reviewed at agreed regular intervals to ensure on-going cost effectiveness