Financial planning FAQ

What our clients say

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Financial planning FAQ

Financial planning is all about working towards your future goals whilst keeping what you already have protected. 

So, what do we do?

1. We work out where you are now.

2. We work together to work out where you want to be.

3. We help create plans to get you from where you are now to where you want to be.

Typically, people contact financial advisers when life events happen.

However, the sooner you start working with an adviser the better as we can help shape and plan for events before they happen.

Financial planning is not something that happens overnight. We work with you for the long term and the sooner we are involved the better the benefits are

We help you navigate all aspects of your personal and business finances

Whether that be:

  • Investments 
  • Pensions
  • Retirement
  • Protection
  • Business support
  • Inheritance tax 

You can look in more detail in our services section.

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

Wealth managers and financial planners will tend to do a lot of the same work.

For the most part the terms can be used interchangeably. 

The first meeting is what we call the fact find.

We deep dive into your finances and get a really good idea of what you are looking to achieve and where you currently are.

We then use the information from the first meeting to come up with a plan aiming to reach your goals.

Our fees vary depending on what plan will work best for you. However, before you make any firm decisions, we will always share our costs with you.

That way before you make a commitment to work with us you know the exact cost.

There is no obligation first meeting. 

The first meeting is all about finding out about your goals and your situation. This is also an opportunity to see if we will work well together and ask questions.

We ultimately want a long-lasting relationship and making sure we fit well together is a priority initially.

Our typical clients have at least £100,000 to invest.

Whether that be a pension pot, savings, or investments.

We make exceptions for existing clients, family members and friends.

We also realise that high earning young professionals (typically above a £50,000 salary) might not have built up their pot yet but could benefit from long-term advice.

The best way to see if we can work together is to contact us. 

Of course, we can. We can help with a wide range of different pensions including defined benefits (final salary) and normal contribution-based pensions.

Your pension is your nest egg and it’s important that you grow it in a responsible way.

We can review your existing pensions and let you know if it’s working as hard as it can be for you.

As part of our service, we can review your existing pensions and work out where you are now.

The real question is how much do you need to retire?

We help you work out your retirement goals and create a plan aiming to achieve your goals.

Typically, pensions are accessible at 55, although this will rise to 57 by 2028. And in the future, this is expected to go up again.

However, will you have enough money to retire is the key question.

We work with you to figure out how much you need and when you can retire.

We recommended getting in touch to talk about your pensions and we can work out the details together.

We work with farmers, landowners, directors, business owners and high earning professionals. 

We understand and work closely with many landowners and their accountants. So we can quickly understand your business and work with your existing team to get the best solutions for you.

This will depend on your needs. If you have complicated affairs, we might need to see each other several times.

If there is a big life event, then we want to be part of it.

As a minimum we like to see clients once a year for an annual review. Regardless, we are only a phone call away should you have a question.