PRIVATE CLIENTS FINANCIAL AND INVESTMENT SOLUTIONS FOR IRISH PHARMACY OWNERS

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1 PRIVATE CLIENTS FINANCIAL AND INVESTMENT SOLUTIONS FOR IRISH PHARMACY OWNERS Davy is a recommended provider of the Irish Pharmacy Union for Pension, Tax, Investment and Financial Planning.

2 90+ years of experience Since our beginning in 1926, we have continuously broken new ground in the industry, spearheading the expansion of financial and capital markets in Ireland, and providing bold new opportunities for investors employees With headquarters in Dublin, and offices in London, Belfast, Cork and Galway, the Davy Group offers a broad range of services to private clients, small businesses, corporations and institutional investors. 14bn+ assets under management Our financial strength and proven track record offer clients peace of mind in an ever-changing marketplace. All data correct as at July At Davy, we work with pharmacy owners to ensure their affairs are structured appropriately and optimally through tailored financial planning and worldclass investment management. Helping business success translate back into personal financial success is at the core of our client offering.

3 WORKING WITH PHARMACY CLIENTS We recognise that your focus is on your business and family. Our focus is on understanding your long-term and short-term goals and helping you use your financial assets to achieve these goals. We are focused on delivering financially superior investment returns for our clients based on their key goals in business and in life. To do this, we have designed an approach that is structured yet flexible, and underpinned by four core principles: UNDERSTAND We take the time to listen and understand what s going on in your life and business right now. We work with you to identify the goals and priorities that are important to you and your family. REPEAT PLAN Your financial life plan is a journey made up of different stages. Our commitment is to help you navigate this journey, with the aim of securing your financial future today and tomorrow. INVEST By combining our understanding of your financial goals and circumstances with our view of the world, we can select and manage the best portfolio for your specific needs. REVIEW Markets and personal circumstances change over time. You can expect regular reviews to track progress towards meeting your goals, modifying your investment strategy as needed. 3

4 FINANCIAL PLANNING QUESTIONS FACING PHARMACY OWNERS IS MY BUSINESS STRUCTURED OPTIMALLY? DO I HAVE ADEQUATE PROTECTION AND SAFEGUARDS IN PLACE? AM I MAXIMISING MY TAX EFFICIENCIES? AM I ACTIVELY WORKING TOWARDS MY TARGET INCOME IN RETIREMENT? DO I HAVE AN UP- TO-DATE WILL IN PLACE? HOW DO I ENSURE THAT I HAVE ADEQUATE PROVISIONS FOR MY FAMILY IF I DIE? ARE MY INVESTABLE ASSETS WORKING AND DELIVERING THE PERFORMANCE I REQUIRE? 4

5 WHAT S INVOLVED While each individual s circumstances may differ, we approach each engagement with equal rigour. Our financial planning service for pharmacy owners involves the following steps: PHARMACY OWNERS DAVY PRIVATE CLIENTS STEP 1 Needs analysis STEP 2 Preparation of financial life plan STEP 3 Review and discussion STEP 4 Ongoing strategic review STEP 1 We meet with you to understand what financial challenges you may have right now and what your future needs might be. We take time to discuss what s important to you and your family. STEP 2 Our team of experts work together to develop a comprehensive plan that will evolve with changing economic and personal circumstances. Key areas for consideration are: business protection and succession planning, business exit/transfer, tax-efficient structuring, guidance on legal considerations and investment management advice. STEP 3 Once clear goals have been established, the next step is to translate these goals into actions. It s at this stage that we will implement your financial life plan. STEP 4 We conduct an ongoing strategic review of your objectives and strategy to ensure you re on track. We assess if the plan needs to be amended to factor in unforeseen events or a change in circumstances. 5

6 MEET THE DAVY PHARMACY TEAM We would welcome the opportunity to discuss how we can help you achieve your financial goals. To arrange a consultation with a member of our advisory team, please contact us. tel: philip.smith@davy.ie tel: kevin.doherty@davy.ie PHILIP SMITH, CFP Senior Private Client Adviser Philip joined Davy in 2003 and is a senior private client adviser. He specialises in the healthcare sector working with pharmacy owners and their families to ensure their personal financial affairs are structured effectively. Philip holds a BA Economics and an MSc Financial Services from University College Dublin. He is a Certified Financial Planner (CFP ), a Qualified Financial Adviser (QFA), Specialist Investment Adviser (SIA), and a member of the Institute of Directors. KEVIN DOHERTY, CFP Senior Private Client Adviser Kevin is a senior private client adviser in Davy, having joined in He specialises in developing and advising on financial plans and investment strategies for healthcare business owners and their families. Kevin holds a BBS in Finance from Dublin City University and an MBS (Finance) from UCD Michael Smurfit Graduate Business School. He is Certified Financial Planner (CFP ), a Qualified Financial Adviser (QFA) and a Specialist Investment Adviser (SIA). SPECIALIST ADVISERS Alan Werlau Senior Investment Strategist Brian Walsh Director, Financial Planning Mary Cahill Head of Global Investment Selection Eoin Corcoran Head of Portfolio Construction 6 Alan joined Davy in He has over 25 years of experience in asset and investment management, and advising high-net-worth clients. Brian works closely with clients and their advisers to ensure that any investment strategy is considered in conjunction with an overall financial plan and that it is structured in a tax-efficient manner. Mary has the responsibility of identifying the most skilled investment managers in the relevant markets for Davy client investment portfolios. Eoin is responsible for the structuring and risk management of Davy client investment portfolios.

7 OFFER TO MEMBERS OF THE IRISH PHARMACY UNION We have successfully worked with many pharmacy owners by listening to the challenges they face and providing tailored solutions to meet their needs. As a member of the Irish Pharmacy Union we are offering you the opportunity to meet with one of our specialist advisers to develop a financial life plan with the aim of helping you secure your financial future. There is no cost for this consultation. Why not make contact today to arrange a consultation. Call: privateclients@davy.ie 7

8 LinkedIn.com/company/davy davy.ie Risks There are risks associated with putting any financial or investment plan in place. There is no guarantee that the financial or investment plan will meet its objectives. The value of your investment may go down as well as up. Please note that these risks are not exhaustive and there may be other risk factors which should be taken into consideration. Fees and charges may apply to products or services that you may decide to avail of as part of the Davy service. For additional information on the risks associated with financial or investment planning and the associated costs, please contact a member of the Davy team. WARNING: This information is based on Davy s understanding of current tax legislation in Ireland and is subject to change without notice. It is intended as a guide only and not as a substitute for professional advice. You should consult your tax adviser for the rules that apply in your individual circumstances. Dublin Office Davy House 49 Dawson Street Dublin 2 Ireland T dublin@davy.ie Belfast Office Donegall House 7 Donegall Square North Belfast BT1 5GB Northern Ireland T belfast@davy.ie Cork Office Hibernian House 80A South Mall Cork Ireland T cork@davy.ie Galway Office 1 Dockgate Dock Road Galway Ireland T galway@davy.ie London Office Dashwood House 69 Old Broad Street London EC2M 1QS United Kingdom T _15220/09/17 Davy Private Clients is a division of J&E Davy. J&E Davy, trading as Davy, is regulated by the Central Bank of Ireland. Davy is a member of the Irish Stock Exchange and the London Stock Exchange. In the UK, Davy is authorised by the Central Bank of Ireland and authorised and subject to limited regulation by the Financial Conduct Authority. Details about the extent of our authorisation and regulation by the Financial Conduct Authority are available from us on request J&E Davy.