Client Services Brochure

Transcription

1 Client Services Brochure

2 Welcome to Moorland Mayfair Wealth Management At Moorland Mayfair our aim is to make the complex world of financial services clear, simple and tailored to you. We offer a personalised service designed to help you achieve your goals. As independent advisers, we are not restricted to one provider. This allows us to select the most suitable product to meet our clients needs from the entire financial marketplace; giving our clients peace of mind, knowing they are receiving the most suitable advice at the highest standard. The following pages offer an elaboration on these aspects of our business and explain what you can expect if you become a client of Moorland Mayfair. In the meantime, if you would like to know more about us, please do not hesitate to get in touch, or visit our website at Thank you for your interest Kyle Jones (DipPFS) Director kyle.jones@moorlandmayfair.com Our vision is to protect clients and their families, while helping to preserve and enhance their wealth.

3 Who are we? Moorland Mayfair was founded by Kyle Jones with the aim of providing distinctively high quality wealth management. Our vision is to protect clients and their families, while helping to preserve and enhance their wealth, by building a strong relationship based on honesty, integrity and openness. Through our range of services, we work with our clients to provide them with the advice and guidance they need to achieve their financial aspirations. Our service is built around comprehensive financial planning and sound investment principles. By exploring goals and objectives we deliver a tailored financial strategy to meet our clients needs. At Moorland Mayfair, we think it s important to understand our clients and for our clients to understand us. Based in Cardiff Gate, just 10 minutes away from the heart of Cardiff, we enjoy an excellent balance between our peaceful, rural location and the energy of the Welsh capital. We understand the key to financial planning is the ability to continuously update your portfolio to suit your changing needs. The team at Moorland Mayfair is committed to regularly evaluating your investments to make sure our financial strategy suits your financial plans. Let us plan today so that your children can have a better tomorrow

4 How we work Our Review Process Discovery Meeting We offer all clients an initial consultation, compliments of Moorland Mayfair Wealth Management. Once you decide to proceed with our services, our first meeting typically involves a fact finding exercise. The main purpose of this meeting will be to obtain as much information as possible relating to your financial circumstances and objectives. Therefore, it would be advised you bring along details of any policies, schemes, investments, mortgages, financial outgoings, wills and trusts that you have. Research & Analysis Where necessary, we will forward your authorities to your product providers. The additional details issued by the provider will be analysed with the information gathered at the discovery meeting. We may need to refer back to you for further information. The next stage will involve us preparing a personal financial planning report setting out our professional recommendations, explaining why and how they will help to achieve your objectives. STAGE 1 - Discovery Meeting We establish your life goals, personal circumstances, aspirations and concerns for your family. STAGE 2 - Research We collect and assess all relevant personal and financial data and establish your perceived risks. STAGE 3 - Analysis We clarify your current position and conduct research to identify appropriate plans and solutions which will help you to achieve your objectives. Recommendation & Implementation From here we will present our recommendations and proposed course of action to enable you to achieve your financial goals. On acceptance, the next stage is to implement the plan. STAGE 4 - Recommendation Having completed the preparatory work, we will design and present a personal report with expert recommendations. We will assist you in completing the paperwork and monitor your application through to policy issue, while making sure you receive any necessary policy documentation. Reviews A further, optional stage, is monitoring your financial plan and reviewing it at regular intervals. This allows us to make any necessary adjustments and ensures that you are progressing towards reaching your goals. STAGE 5 - Implementation We agree the plan to implement the strategy to achieve your objectives over a given period of time. STAGE 6 - Reviews We offer levels of on-going service to meet your specific requirements.

5 Services Retirement Planning How much do you need to save for retirement? Or equally, how much income do you require in retirement? Statistically, 54% of the UK population face a shortfall in their required income, causing them to experience a below expectation standard of living. Moorland Mayfair works with you to initially establish these retirement goals and further work toward achieving your target. Regular reviews of your investment holdings and retirement goals, can ensure that you remain on track. Our targeted wealth management proposition is flexible and adaptable to any change in circumstances. The most common and often detrimental approach, is to bury your head in the sand or fall exposed to unnecessary risks. Entrust your retirement to regulated, qualified experts who will seamlessly transition with you through to retirement. Your options Understanding your options at retirement is crucial. Many people are unaware that pensions do not automatically update to reflect new legislation. This means your retirement arrangements may be considerably outdated and you may be unable to achieve your retirement goals or leave funds to loved ones. We can analyse your current arrangements and build a proposal of recommendations, ensuring your pension savings are in accordance with your goals and aspirations. Statistically, 54% of the UK population face a shortfall in their required income, causing them to experience a below expectation standard of living.

6 Investment Planning Estate Planning Bespoke Solutions Under our targeted wealth management proposition, Moorland Mayfair will build bespoke investment proposals, relevant to your objectives and risk profile. Our solutions aim to maximise tax efficiency and provide a proactive approach to investment management. Our investment committee consistently strive to ensure our clients remain at the forefront of an ever changing marketing place. Inheritance Tax is a voluntary tax paid by those who distrust their heirs more than they dislike the Inland Revenue. - Lord Jenkins Without the correct planning, HMRC could be the largest beneficiary of your estate. Inheritance tax paid by UK individuals has increased year on year, the Office for National Statistics figures show receipts by year as follows: Solutions are built to meet specific requirements; provision of school or college fees for example, or a planned business merger. The service incorporates the full scope of individual or corporate circumstances and arrangements to create an ongoing financial plan which is specifically tailored to your needs, no matter the complexity of your requirements billion billion billion Moorland Mayfair s Model Portfolio Service Moorland Mayfair s model portfolio service is constructed under Modern Portfolio Theory, where the diversification of investments maximises return for a given level of risk. The investment committee continuously monitor market behaviour and political news. At a minimum, on a quarterly basis, the committee will choose to rebalance the portfolio to continually maximise returns, limit any potential downswing and ensure the portfolio remains within the allocated risk parameters. Clearly, even with the increasing nil rate bands set by the UK government over the years, the lack of estate planning means loved ones are potentially losing out on hundreds of thousands of pounds, unnecessarily. Working within UK tax law, Moorland Mayfair will ensure the correct planning is put into place, by utilising a diverse range of vehicles and solutions to minimise or potentially remove any inheritance tax liability from your estate. We also offer a range of later life planning solutions, long term care and will writing services. Whilst we appreciate each client s circumstances differ, the cost effective manner of the model portfolio service ensures they can be strategically implemented against your individual goals without detriment to the rest of your portfolio. Effective Tax Planning Tax doesn t have to be taxing HMRC Tax efficiency within your portfolio is integral to the planning proposals we build. Across a range of retail investment products, we will determine the most efficient wrapper to use as the foundation to meeting your objectives.

7 Protection The need for protection through life cover, income protection, private medical insurance and mortgage assurance is significantly underestimated. How would your family cope after your untimely death, without your income and support? How would you cope if you lost your job, had an accident or fell seriously ill? Statistically, the average individual s savings would last just two months before they are unable to afford to cover the essentials. Moorland Mayfair offer a range of products that can protect you during times of hardship by searching the whole of the market. Workplace Benefits & Corporate Planning We offer a range of products to ensure you are protected during times of hardship. Specialist, hands on solutions that are designed to meet your individual needs and those of your workforce. Explore our range of strategies and how we can implement: Purchase of plant, machinery, assets or commercial property using pension funds Inheritance tax reductions Strategic, tax efficient capital extraction from your business Working capital injections into your business Purchase of private shares Auto enrolment qualifying workplace pension solutions Group protection (death in service schemes) Key person insurance/relevant life assurance Court of Protection & Trustee Services By utilising bespoke, purpose built solutions, we aid trustees in constructing a compliant proposition to realise their regulatory requirements. With extensive industry experience, we have solidified relationships with professionals through dealing with the Court of Protection, the Office of Public Guardian and the Court Funds Office. This area of financial advice requires both an understanding of deputies roles, as well as the knowledge of legal responsibilities and moral duties these professionals encounter when representing parties during some of the most vulnerable and difficult times in their lives.

8 Payment for Services Payment for services Prior to commencing any aspect of our work we will discuss and agree with you the services you would like us to deliver and how payment will be made. We cannot charge you a fee for work completed without your prior agreement. The different fee areas are summarised below. Note: The cost of the initial consultation is covered by Moorland Mayfair. Implementation During the presentation of your proposal, our adviser will provide a full breakdown of the implementation cost of the service. This will usually be a percentage of the assets being invested by Moorland Mayfair. Fund Management If you choose to select one of our Moorland Mayfair investment portfolios, an annual fee will be applied for the management of your portfolio. The process is straightforward and we simply charge an annual management fee calculated as a percentage of the value of your portfolio. This charge covers administrating, transacting, re-balancing and any other costs associated with managing the fund. Review Service We offer three service levels for on-going reviews: Service Basic Standard Premium Access to our online personal finance portal - Adviser consultations Annual - over the phone Annual - face to face Bi-annual - face to face Adviser query response timeframe Within 2 business days Within 1 business day Same business day Cash flow model forecast - Annual Bi-annual Capital gain tax and tax reporting - - Market/industry newsletters - Quarterly Monthly Valuations Annually by post Online & annually by post Online & quarterly by post ISA top-ups - Fund switching - - For a full in-depth break down of our fees see the Moorland Mayfair Client Agreement, available on our website. This will be provided and explained by an adviser at your discovery meeting.

9 Moorland Mayfair Wealth Management Grosvenor House, Oak Tree Court Cardiff Gate Business Park Cardiff CF23 8RS MoorlandMayfairWM Moorland Mayfair Wealth Management Registered in England and Wales, registration No Authorised and regulated by the Financial Conduct Authority No