Keeping you in the loop

This is the place to keep up to date with what’s happening in the world of financial planning. It’s full of interesting and inspirational articles, news about our team and stories of how we’re making a difference for our clients.

Grab a cup of tea, sit back and enjoy.

The perceived value of advice

Ever wondered if the additional value of receiving financial advice has added to your investments?

Interestingly, a survey of more than 1,000 investors in the UK by Legg Mason Global Asset Management revealed that on average, advised clients achieved returns of nearly 6.2% in 2018 from income-producing assets. This compares with 5.6% achieved by those who pick their own investments.

The survey has also shown that those DIY investors hold higher amounts of their savings (35%) in cash, on average, compared to just under a third (29%) for advised clients. This indicates that people who have not received any advice tend to be much more cautious.

How are we adding value?

We’re strong advocates of investing with diversification and “chasing the latest fad” is certainly not something we encourage. By assessing your individual attitude to risk and investing accordingly across a variety of different assets, we aim to help our clients to maximise returns, whilst also ensuring portfolios are better placed to withstand any market shocks.

Why take additional risk that’s not required? Of course, investment returns are important. However, we believe the greater importance is helping our clients to achieve their objectives.

That might be through increased returns, but more often than not it’s about investing efficiently, making sure monies are in the right place at the right time and taking advantage of as many tax breaks as possible.

We take the time to get to know you, our clients. Only by understanding your objectives for yourself, your family and the wider community can we ensure that your financial planning is structured efficiently to achieve your goals. This is reflected in the survey, with advised clients being more confident in their approach, more knowledgeable, and also more excited!

Finally, the survey has shown that advised investors have more confidence in their investments. This leads to a more consistent approach, fewer changes within portfolios and also follows our approach of continual reviews of your overall plan to make sure you stay on track.