mowatt financial Planning

mowatt financial planning

My approach

I offer both financial advice and financial planning services to individual clients and also to small business owners.

Independent Financial Advice

These are services designed to help you make tactical decisions about a particular aspect of your financial life.

These services might be appropriate for you if simply want independent, unbiased advice in one or two areas.

Financial Planning

This service combines your established life goals with lifetime financial planning to develop a powerful, meaningful and practical strategy to ensure success in all aspects of your financial life.

Through an initial meeting we can jointly agree which approach is right for you.

 

Please click on the two headings below to get a more detailed analysis of these services:

 

I am able to offer independent financial advice to individual clients and small business owners. These are services designed to help you make tactical decisions about a particular aspect of your financial life.

These services include:

  • Income options at retirement
  • Capital investment
  • Pre-retirement planning
  • Care Fees planning
  • Estate planning
  • Trustee investment
  • Family protection
  • Business protection
  • Redundancy financial planning

 

These services might be appropriate for you if simply want independent, unbiased advice in one or two areas.

This service combines your established life goals with lifetime financial planning to develop a powerful, meaningful and practical strategy to ensure success in all aspects of your financial life.

The approach to financial planning is shown below:

map

An initial consultation is offered with no cost or obligation. Ahead of this first meeting you will be asked to complete a short financial questionnaire. The first meeting takes around one hour and is an opportunity for both parties to ask lots of questions. After this first meeting I will write to you with a letter of engagement to describe the services I can offer and the costs associated with these services.

On receipt of the signed letter of engagement I will arrange a second meeting to discuss your objectives, goals and aims in greater detail. At this stage I will also ask you to sign various letters of authority to enable me to request detailed information on any existing financial arrangements. I also look carefully at your income and expenditure (which usually involves a review of your recent bank statements) and any other relevant documents, such as wills or trusts.

After the second meeting I will begin constructing your Financial Plan; taking into account your current financial position and your goals for the future. This stage requires a detailed analysis of all of the information acquired and I use a financial modelling system to produce cashflow forecasts which form part of your report.

I will present your report at a third meeting where the Financial Planning report is used as a discussion document. This gives you the opportunity to ask lots of questions and during the course of this meeting the aim is to reach a consensus on the best course of action. Depending on the decisions made within this meeting, it is likely that I will redraft sections of your Financial Planning report to ensure that the final version is accurate for your records.

 

Once decisions have been made about the best course of action, I will help implement these on your behalf. This can range from instructing fund switches on existing plans or establishing trusts to setting up a new financial policy. My aim here is to reduce the number of forms you need to spend time completing and also check any documents for accuracy before they are forwarded to you for your safekeeping.

Ongoing reviews

Arguably one of the most important parts of a Financial Plan is the ongoing review. This ensures that you remain on track to achieve your goals. I will meet with you at least annually but also provide regular valuation statements.

You can phone or email me at any time with any questions you have about your Financial Planning.

Testimonials

May I take the opportunity to thank you for the advice you gave myself and my wife in April this year... A.J. Somerset  More

 
Mowatt Financial Planning Limited is authorised and regulated by the Financial Services Authority.
Registered in England and Wales No: 6909105. Registered office: Old Coach House, Kay's Bank, Husthwaite, North Yorkshire YO61 4PB
The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK