Wealth Management

Wealth Management is an umbrella term that combines the many disciplines of Financial Planning linked by a consultative led process of discovery.

ASPECTS TO WEALTH MANAGEMENT

It is important to consider all aspects to your financial life when managing your wealth, not just the investments and the income that come from it. We take a wholistic approach to Wealth Management: considering your assets, disposable income, and current obligations, because savings in one area could pay off debt in another, grow wealth, and more.

There are many aspects to Wealth Management, not just investments management, as many people tend to think. Just as your car’s engine is an important part of your car but not the only important part, investment management is one of many crucial components that come together to create a strong and clear financial plan for your future. A financial plan, like a car, is about getting you from where you are now to where you want to be. The Financial Planner is the navigator to help you get there quickly and efficiently.

Wealth management takes into consideration many aspects of your life to put in place a plan to help you achieve your short term and long term financial goals. The approach we take at Town Close is to get to know you: what your concerns are, what is important to you, what do you want your future to include, and any other financial milestones you foresee along the way (think: big anniversary celebration, new kitchen, child’s university fees, or that round-the-world trip you’ve been saving for!).

We take time getting to know you so we can determine where you are now, where you want to be, and how the next phase of your life will look. We will also discuss different scenarios such as, what if you stop work at 55 instead of 60? What if you buy that flat in Portugal in 3 years instead of 6?

Once we have a clear picture of you and your financial goals, we will begin to create a financial plan and work with you to help you achieve those goals. We will show you projections based on the different scenarios we discussed, offer sound advice, and then – when you are happy with the suggestions we’ve made and the road to your future we’ve laid out – we will start work to implementing your plan.

We think it’s important to include you in the decision-making process, letting you know why we recommend the strategies we do, so you have complete transparency regarding your future and how we will work with you to get you there. As part of being transparent, if we assess that we can’t add value to your circumstances, we will let you know this upfront before you incur any costs. We will never try to offer you products and services we don’t think would add real value to you.

Our financial planning specialists are professional, friendly, and genuine. They are experts across many areas, offering financial services including:

• Planning advice
• Wealth management
• Inheritance tax
• Investment advice
• Tax planning
• Retirement advice
• Pension planning

Most importantly, Town Close Financial Planners are independent Financial Advisors. We don’t ever try to ‘sell’ products to our clients, and we never take commissions. This means we can ensure our only focus is on you and your goals.

PEACE OF MIND FOR YOUR FUTURE 

One of the most important decisions you can make is around planning for your future. Expert planning advice can prepare you for the future, incorporating any big purchases that appear along the way while still making sure you have enough to live the life you want to. 

An excellent plan will help you ensure you are prepared for what’s down the road, and working with TCFP will ensure an informed, clear, and predictable journey.