Personal Financial Planning
At Southover Wealth, we offer comprehensive personal financial planning and wealth management services designed to help professionals like you achieve your financial goals while providing peace of mind for your loved ones.
Our expert advisors work closely with individuals and families to develop customised financial plans tailored to your specific circumstances, taking into account your income, assets, liabilities, and long-term objectives.
We recognise that professionals often have demanding careers, leaving little time to dedicate to their personal finances. Often planning effectively for early retirement or school fees for example is done too late, causing frustration or being unable to do fulfil the objectives we have.
Our dedicated financial planners take care of the intricate details, ensuring that financial plans are regularly reviewed and adjusted to align with evolving goals and market conditions. We provide ongoing support, guidance, and education to empower professionals in making informed financial decisions that align with their values and priorities.
We know and understand that as a professional you will be working long a busy hours, we understand this and therefore happy to work around you. Whether that means a before or after work call or a meeting at your office. You tell us what you need and we will align with you.
When it comes to taking care of loved ones, we work collaboratively with our clients to develop comprehensive wealth transfer strategies, trust* and estate planning, and education funding solutions to ensure the long-term financial security and legacy.
*Trusts are not regulated by the Financial Conduct Authority
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Our personal planning services
Cashflow planning and budgeting
Managing your finances effectively is essential for achieving financial stability and meeting your goals. We work closely with you to understand your income, expenses, savings goals, and financial obligations. We then analyse existing assets, expected future savings and tax allowances to create a comprehensive cash flow plan that aligns with your circumstances and objectives. This tool allows us to updated when your circumstances change but also build in different scenarios such as inflation and growth rates and see how they could effect our planning.
By implementing effective cash flow planning strategies, we help you optimise your spending, prioritise savings, and allocate resources efficiently to maximise tax efficiency. We provide insights and guidance on budgeting, debt management, emergency funds, and investment opportunities, enabling individuals to make the most of your financial resources.
With our support, individuals gain a clear understanding of your cash flow patterns and can make informed decisions to achieve your short-term and long-term financial goals. We regularly review and adjust the cash flow plan to accommodate changes in income, expenses, and financial priorities.
The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief is generally dependent on individual circumstances.
Personal insurance
We understand the importance of protecting what matters most to you—your loved ones, your assets, and your financial wellbeing. That's why we offer comprehensive protection planning services designed to provide you and your family with peace of mind and financial security.
We will assess existing insurance coverage, evaluate potential vulnerabilities, and develop tailored protection plans to address your areas of concern. Whether it's life insurance, critical illness coverage, disability insurance, or long-term care planning, we provide expert guidance to ensure you have the right protection in place.
With our support, you can have confidence that you and your family are prepared for unforeseen circumstances. We regularly review your protection plan to adapt to changes in your life, ensuring your coverage remains up to date and aligned with your evolving needs.
Investment planning
Well thought through investment planning helps us manage risk appropriately and makes use of the most suitable tax allowances according to specific objectives, whether this is retirement planning, school fee planning or planning for your legacy.
We help our clients to identify their financial goals, risk tolerance, and tax considerations. Based on these factors, we design investment portfolios that utilise tax-efficient investment vehicles such as tax-advantaged retirement accounts, individual savings accounts (ISAs), capital gains tax planning strategies and onshore & offshore bonds.
Our advisers stay up to date with the latest tax laws and regulations, ensuring that our clients benefit from available tax reliefs, allowances, and exemptions. We also provide guidance on tax-efficient asset allocation, investment diversification, and timing strategies to minimise tax liabilities and optimise investment outcomes. Furthermore, we take a comprehensive approach to consider the tax implications of estate planning, inheritance tax, and wealth transfer strategies. By integrating tax planning into our investment strategies, we help individuals and families protect and preserve their wealth for future generations.
The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested. The levels and bases of taxation and reliefs from taxation can change at any time. Tax relief is dependent on individual circumstances.
Retirement planning
When it comes to contemplating your retirement, it's never too early to begin. Beyond envisioning your ideal living arrangements and the newfound freedom to pursue your passions, it's crucial to assess your financial needs for a comfortable and sustained lifestyle throughout your retirement. This requires creating a well-crafted plan.
Choosing how to manage your finances to ensure a comfortable retirement is a deeply personal decision. Whether you need to initiate your retirement planning or reassess your existing strategies, we are here to help you make the most of your retirement from day one.
In today's world, many individuals choose flexible work arrangements during retirement, such as part-time employment or self-employment. Moreover, there are now more options than ever for managing retirement income flexibly. While this increased flexibility is positive, it can also be overwhelming with the abundance of choices available.
Whether you are a couple of decades or just a few months away from retirement, we offer comprehensive expert advice and services that cover every aspect of retirement planning. With our guidance, you can confidently control your income and estate as you age.
Our retirement planning service provides the support and guidance you need to seize the opportunities that retirement brings.
“I am of the age where I need to start planning more effectively for my retirement. So making the most of Tax allowances and cash investments is key.
William's knowledge and expertise have provided some really insightful and creative ways to maximise my Allowance options and plan for early retirement.”
Kevin Brooks
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