When
it comes to financial planning advice (whether ethical,
holistic or focused) we realise that everyone is individual
and has unique needs and circumstances depending on what
stage of life they are at. Therefore I, along with Balfour
Group, offer a range of advisory services which have been
designed with our many years of experience and expertise
to meet the varying requirements of people who seek our
advice.
It
may be that you only wish to work on a single financial
issue within the context of your overall situation, or indeed
carry out a full financial review of your finances; whatever
your needs, goals or concerns, we can provide you with the
means to take stock of your current situation, giving clear
professional advice to help set you on the right path and
just as importantly, reviewing them on a regular basis.
Meetings
can be arranged in several ways depending on your circumstances
and geographical location, so don't worry about distance,
we are here to listen. In our initial meeting we'll discuss
the following services in greater detail and help you decide
what sort of service will suit your current needs. Whatever
level of advice we provide you with, we will normally supply
you with and explain the following documents:
- Key
Facts About Our Services (which includes Mortgage related
services and fees)
- Key
Facts About the Cost of Our Services
- Client
Agreement (for all non-Mortgage and Insurance related
business);
- Client
Fee Agreement (agreeing the terms and conditions of
the work to be carried out and on what remuneration
basis)
We
offer a choice of remuneration options which include fees,
commissions or a combination of both. This means that we'll
be paid either on a fixed or 'time cost' fee basis for work
carried out, or by commission paid by the provider of the
plans we arrange for you. Whichever way you decide to pay
us for our services, we will fully disclose all costs and
charges of our work and recommendations. Further details
about our fees are available in the documents above.
Our
Elemental Service
This
service is for clients who want to focus on particular areas
of advice; this might include arranging a mortgage, setting
up a simple pension plan or investing a lump sum.
The
features of the service are:
- An
initial consultation 'fact find' meeting to establish
your current situation, objectives and personal budget
with no initial consultation fee;
- Commission
and/or fees will be agreed with you for each service
required prior to work commencing;
- Research
to find the most suitable products for you;
- Present
a 'Suitability Report' explaining our recommendations
both verbally and in writing;
- A
'Follow up' meeting to present our recommendations,
answer any questions and to complete relevant paperwork;
- Administer
any paperwork with relevant providers and tracking them
to completion.
- Opportunity
to access further services on a fee basis;
- Ad
hoc reviews (which may be subject to review fee) when
requested by you, e.g. if your mortgage discount period
ends or your circumstances change.
Our
ProActive Gold Service
For
those who want to be more proactive with their finances
and not miss out on financial opportunities and important
updates based on their circumstances, we have our 'Gold'
Service. For a monthly or annual retainer fee we will regularly
review your current financial (ethical if required) circumstances
and consider how they stand in relation to your ongoing
needs and plans. Then we'll recommend a course of action
to help meet your objectives for the future.
The
main features of this service are:
- Free
initial consultation and 'fact find' meeting to establish
your current situation, objectives and personal budget;
- Commission
and /or fees will be agreed with you for each service
required prior to work commencing;
- Thorough
review of your current arrangements;
- Research
to find the most suitable products for you;
- Present
a 'Suitability Report' explaining our recommendations
both verbally and in writing;
- A
'Follow up' meeting to present our recommendations,
answer any questions and to complete the relevant paperwork;
- Administer
any paperwork with relevant providers and tracking them
to completion.
- An
annual full 'holistic' review reporting on your financial
progress and reviewing your ongoing needs and aspirations;
- An
annual policy summary and investment portfolio update.
Our
Sophicated Platinum Service
Sharing
many of the features of our Proactive Gold Service, this
level of service is designed for clients with more complex
and/or specialist affairs or those who value the need for
more regular contact with their adviser. This service would
be most beneficial to many types of client - for example,
those who have large or broad investment portfolios, have
specialised pension funding ('Self Invested Personal Pensions'
and 'Drawdown') requirements or Owner/Directors of small
to medium sized businesses and retainer fees will be negotiated
based on your expected ongoing needs. Our aim is to provide
a more sophisticated 'holistic financial planning' service.
The
main features of the programme are:
- Free
initial consultation to establish an basic overview
of your current situation, values, objectives and personal
budget;
- A
holistic 'fact find' meeting to accurately collate and
record your personal or business details (may be subject
to a consultation fee);
- Commission
and /or fees will be agreed with you for each service
required prior to work commencing;
- Thorough
review of your current arrangements;
- Research
to find the most suitable products for you;
- Present
a 'Suitability Report' explaining our recommendations
and also any weaknesses in your current and future plans
both verbally and in writing;
- A
'Follow up' meeting to present our recommendations,
answer any questions and to complete the relevant paperwork;
- Administer
any paperwork with relevant providers and tracking them
to completion.
- An
annual full 'holistic' review reporting on your financial
progress and reviewing your ongoing needs and aspirations;
- An
annual policy summary and investment portfolio update;
- Regular
file review and advice regarding any new opportunities
that we feel you should consider;
- Additional
or mid-term reviews will be available at your request.
Related
Services
Some
services within this site are provided by third party specialists
that we have a professional business relationship with.
We are not authorised to give legal advice, similarly, we
are not authorised for and do not offer stockbroking or
accounting services. Any tax advice we provide is not regulated
by the Financial Services Authority and only relates to
financial services products and UK tax legislation under
HM Revenues & Customs guidelines. As and when necessary,
we shall be pleased to introduce you to the services of
other professionals such as Solicitors, Accountants and
Stockbrokers, to compliment the services we provide.
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