Whether you’re saving for the future, looking to preserve your wealth or enjoying your retirement, we’ll provide you with independent tailored financial advice allowing you to live life the way you want to.
Our tailor-made service lies at the heart of the Paul Young Independent Advisors approach.
Book an appointmentThe service we provide is founded on the principle of building long-term client relationships, meeting annually to review your situation and working with you to evolve your financial plans as your situation changes throughout your life.
1
The first step is a process of discovery, a ‘getting to know you’ event where information is shared, both the detail of your personal circumstance and financial details and from us, the detail of our expertise, service and costs. This first meeting is at no charge to you. The wealth planning process and its success depends on the quality and clarity of the information communicated. Preparing a list of current assets and liabilities, balances and amounts spent for various items enables us to build a financial blueprint as a foundation for your desired goals.
2
Next, we talk through your goals and objectives, both in the short, medium and long term. Your adviser acts as a sounding board and explains how these will determine the creation of your financial wealth plan and provide a blueprint for your financial future. They’ll ensure that they are quantifiable, achievable and clear and have a defined time frame and, importantly, separate your needs from your wants.
3
Your adviser will then review the information provided about your current financial situation and your goals and objectives. They use this to produce a report that reflects your current financial profile. Your attitude towards investment tolerance and capacity for risk are also assessed, and this is analysed to determine your required asset allocation for investment or pension goals.
4
Based on the information you have provided, your adviser will then present your financial plan and the analysis we’ve completed. Each of the goals and objectives you’ve highlighted will be addressed and a recommendation for each identified. Depending on which services you require, this could include analysing your assets, liabilities and cash flow, current insurance coverage, investments and pensions, or tax strategies.
5
Once the analysis and development of your plan is completed, your adviser will meet with you to outline the recommended courses of action. We’ll record any agreed implementation plan and provide all the necessary documentation to support your plan. Where applicable, we’ll also coordinate the process with any other professionals such as accountants, solicitors or investment managers you may receive other advice from.
6
Your financial planning strategy is a dynamic, ongoing process that requires continuous re-evaluating and monitoring. Your adviser will review this at least annually with you to look at any changes in your circumstances and, if necessary, amend the strategy to incorporate them. Reviews can take place more often if needed, and each meeting provides you with the opportunity to discuss any specific questions you may have now to enable your adviser to adjust recommendations, if needed, as your life changes.