Lifestyle Financial Planning
What would you like to do with the rest of your life and how much is that going to cost? How will you know when you've built up enough money so that you can slow down at work? Do you know your number? How much is enough and how will you know when you reach it? Are you taking unnecessary risks with your investments? How can you be sure that you will always have enough money? Are you paying more tax than you need to? How much do you need to sell your business for and when? Do you have time to do everything that you want to do? Do you have total peace of mind about your financial future or do you have some doubts?
These are just some of the questions that we help our clients to answer.
How Do We Do It?
Simple. We make You the centre of attention!
It's a fact: most financial "advisers" don't do this because they are pre-occupied with selling financial products. A recent survey revealed that the average time it takes before an adviser starts talking to a new client about a financial product is 82 seconds!
We think differently. At Yates & Co, we believe that until we really know about you, we have no right to talk about your money.
We do things differently. We are founder members of a national panel of Alternative Financial Advisers. We use a three stage process that firmly puts the focus on you - on your goals, on your aspirations...
1. The first stage of the process is called LifeplanningTM - getting to know you, helping you to identify what's important to you, and understanding the things you want to achieve in your lifetime, particularly the sort of lifestyle you want to enjoy throughout life. We then carry out a thorough financial analysis. Not only are the details of your income, outgoings, assets and liabilities considered, but all resources that may become available to you in your lifetime. This gives an accurate measure of your net worth and current and future financial situation. We can then help you estimate the cost of the life you want to enjoy in years to come...
2. Having understood your needs we move on to the second stage - called Financial Planning. We produce a dramatic picture, which spells out the reality of your financial future. Suddenly you see it, understand it, and believe it. We will then model realistic "what if" scenarios that will demonstrate the different outcomes that can be achieved. Many clients have found they can retire years earlier when they are armed with "the truth about money". Others learn how they can spend more now and still be financially secure for the rest of their lives. Other clients identify how much they need to sell their business for to be totally financially independent. Some clients are able to remove unnecessary risks from their investments....
3. Finally, if your financial plan indicates that you might need financial or investment services, then, and only then, will we offer the third stage of the process, which is Independent Financial Advice. At this stage we will be able to identify suitable products and services. This is REAL wealth management, suited to your REAL needs.
This three stage process is the exact opposite to how most financial advisers work.
Importantly, we will review your financial planning with you annually, to help you to adapt to any changes and to keep you on track.
Are you ready for the truth about money?
Everybody has a number. That number is the amount you will need to fund the rest of your life, doing what's important to you and living the life you want. Do you know what your number is? If you don't know what your number is how will you know when you've reached it? What if you're already there?
Life is not a rehearsal so don't leave it too late to find out the answers to these questions.
Who will benefit from Lifestyle Financial Planning?
Business owners,
Senior managers,
Legal and medical professionals,
People who have received 'sudden wealth' from a business sale, inheritance, divorce, redundancy, retirement or lottery win,
People approaching or in retirement and keen to maintain their lifestyle.
Typically, clients benefitting from this service have a minimum household income of £75,000 or minimum total assets of £750,000.
It's time to start working with an Alternative Financial AdviserTM.
Find out how this alternative approach to financial planning and wealth management could help you.
The best way to find out is to arrange a meeting, at our offices in Chester.
This meeting will be at our cost and without obligation.
Please call 01244 340222 and ask for Simon Yates or Senga Jones.
We look forward to meeting you.
All Alternative Financial AdvisersTM deliver Lifestyle Financial Planning: a client focused three stage process designed to help you identify, achieve and maintain your desired lifestyle without ever running out of money. Unlike most financial advisers, they haven't forgotten that their main aim is to help you achieve financial independence, financial security for your family and total peace of mind.