Wealth Management is the organisation and review of a client’s savings, investments and property with the aim of achieving a realistic and achievable objective or objectives.
Objectives will be defined in discussions with clients but could include:
- Increasing wealth for future use
- Protecting the wealth already achieved, from tax, unsuitable investment risk, inflation, long term care costs
- Spending wealth, after all you cannot take it with you and money ultimately has one purpose
- Distributing wealth tax efficiently to your children, grandchildren etc
Wealth Management will encompass all Financial Planning areas and Attitude to Risk will play an important part in making sure that the right strategy is adopted. It will involve regular review meetings to monitor progress and to make any amendments that may be required. Amendments may be due to tax or regulatory changes, underperformance of a particular fund or asset, or due to a change in personal circumstances or objectives.
For more information regarding our Wealth Management services please Contact us or telephone our Financial Services team on 01344 875000.
Kirk Rice LLP is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/home.do). FSA Registration No: 531538