Welcome to Ellis Bates Wealth Management. Friendly. Individual. Impartial.

Transcription

1 Welcome to Ellis Bates Wealth Management Friendly. Individual. Impartial.

2 Our vision At Ellis Bates Wealth Management it s your prosperity and financial wellbeing that matters to us the most. We know that the world of wealth management can be a crowded and complex place, we stand out by doing things differently. We take a quietly calm and considered approach to managing your funds and investments, cutting through complexities and simply providing you with honest, open and straightforward advice. By marrying together over three decades of wealth management expertise with a good measure of common sense, we re able to provide you with straighttalking guidance that will help you preserve and grow your capital and make astute and informed financial decisions for the future. Ellis Bates at a glance... Our independent status means that we work solely on your behalf as advocates. We are not tied to, or influenced by, any particular product, provider, or other organisation. Furthermore, our independence means that the advice we give to you must be impartial. Our funds under advice are growing and we currently look after 1 billion of client investments, pensions and savings. We are a privately owned, established firm of Independent Financial Advisers (IFAs) serving clients throughout the UK, predominantly in Yorkshire and the North East. Ellis Bates Wealth Management Limited is a wholly owned subsidiary of Ellis Bates Group Limited (Ellis Bates). Ellis Bates can trace its roots back to 1980 and we have been providing individuals, families and corporate clients with trusted financial advice for 35 years. Our Advisers are based throughout the region and we have offices in Harrogate and Newcastle upon Tyne. Our mission: We don t have a long winded, highfalutin mission statement. What we do have is a very simple goal that underpins everything we do: To be the UK s most trusted and accessible provider of lifelong financial advice. 2 ellis bates wealth management

3 Long term peace of mind First and foremost, we start by listening. We believe that we can only provide the very best financial planning for you once we fully understand your individual aspirations, goals and, of course, risk parameters. Our main objective is, and always will be, to provide you with long-term financial peace of mind and to design a tailored financial plan for you that s entirely driven by insight and keeps your financial objectives central at all times. We provide a comprehensive range of aggregated financial services and there are four cornerstones to our wealth management service... Financial planning Creating and reviewing a bespoke plan to help you achieve your needs and objectives. Investment management Analysing and agreeing your tolerance to risk, capacity for loss, investment objectives and time-horizons to draw up an appropriate investment strategy. Working with you to help generate sufficient income to meet your current and future needs. Proposing ways of protecting the value of your capital in real terms so that you do not lose purchasing power over the longer term. Enabling you to have available funds as and when you need them throughout your life. Regularly reviewing the investments, your circumstances and objectives to make any necessary adjustments. Tax planning and mitigation Working with you to look at your personal tax position to determine the most effective ways of protecting your investment and pension assets from income tax and capital gains tax, so that you benefit from any investment returns. Succession planning Guiding you on how to structure your assets and estate so that you can be confident in the knowledge that, when the time comes, your assets will pass to your beneficiaries in an efficient manner. 3

4 The friendlier face of wealth management We d like to think we re the friendlier face of wealth management. We ll always put your financial agenda before ours and provide you with advice that we genuinely believe is in your best interest. From our plain talking approach to our passion for building long-lasting relationships, we believe that we simply go further to help you achieve more. For us, it s all about... Providing truly independent advice Since we are authorised and regulated by the Financial Conduct Authority (FCA) as Independent Financial Advisers, we are obliged to research and recommend solutions from the whole of the market. This is unlike restricted firms who may only be able to select from a reduced list or are tied to one particular provider or product type. Acting with complete impartiality We will work with you on a fixed fee basis for the advice that we provide which is not dependent on proceeding with our recommendations. This means that we can be totally unbiased on your behalf as we are not reliant on the sale of any products. 4 ellis bates wealth management

5 The quality of our advice To provide you with the very best advice, your Adviser Paraplanner and where appropriate, specialist, will work collaboratively to establish our recommendations before they are formally presented to you in writing. We have a rigorous quality-control process and take pride in adopting a team centric approach to providing advice. Providing specialist support We recognise that key areas of financial planning are complex and we therefore employ a specialist team. The individuals within the team focus on the following areas: Pensions Estate Planning Investments The calibre of our investment expertise Our highly experienced Investment Committee continually asses external market information and in-house research gathered through our unique proprietary software. The aim of this is to deliver investment portfolios which we believe will give you the greatest opportunity of meeting your objectives. Being there when you need us We re only a phone call away. If you need to contact us, you will have a dedicated senior administrator to help and answer any of your queries on a day-to-day basis. Helping you to achieve financial security We do not hold or handle our clients monies. We only partner with highly respected third party institutions and providers that are committed to providing the maximum level of investor protection afforded by the law. Striving for excellence We continually seek to improve the advice and service that we provide through the development of our staff and client service. In order to accelerate this we are delighted to have been accepted by the Chartered Institute of Insurance (CII) as a recognised examination centre for financial services qualifications. Big enough to cope, small enough to care Our team of around 70 staff support clients with funds totalling 1 billion under our advice. This provides substantial economies of scale and enables us to cost effectively develop services for you that may otherwise not be attainable. It also gives us substantial combined buying power allowing us to access information, product solutions and opportunities that smaller IFA firms may not be aware of. Providing reassurance for the future Our ethos is to have long-term established relationships with our clients, their children and grandchildren, and we seek to develop the same relationship with you and your family. Within this framework we realise that it is essential to have succession plans in place for the continuity of advice. This is particularly important when we start advising future generations of client families so that we can maintain the Ellis Bates service and quality. Wider audience We ve been acknowledged by the BBC to the extent that we regularly take part in live broadcasts on financial matters. Our values: Our values are everything to us. They shape what we do and provide a constant reminder of why we re doing it, so that we never forget what matters most is you. We re proud to be... Client-focused Impartial Trustworthy Approachable Forward-thinking Community-minded 5

6 Why we stand out from the crowd Choosing the right company to provide you with sound and trustworthy financial advice isn t a decision that can be taken lightly. We know that there s a lot at stake, and that your wealth is not simply about money, it s about your security both now and in the future. So, it s nice to know we ll do everything we can to help make the decision easier... You will receive trusted advice which is specific to your personal circumstances, needs and aspirations. Our initial contact with you will be at our expense and should you decide to proceed we will agree a fixed fee with you before work commences. Our advice can be presented to you face-to-face as well as in writing. There is no obligation to proceed with our advice once we have given it. What happens once you become a client? You will have a dedicated qualified Adviser to guide you on an ongoing basis who is supported by our para-planning team to provide you with the best quality advice. A designated team including a senior administrator will be responsible for co-ordinating your administrative dealings with us thus ensuring a central office-based contact for dayto-day queries during office hours. If you are invested in Ellis Bates Investment Portfolios or Multi-Asset Portfolios there is also an option for you to be provided with log-in details enabling you to access valuations of your portfolio 24 hours a day. We will review your plan each year to measure progress and amend where necessary should your situation or objectives change. Your portfolio will be rebalanced or restructured each year to our current investment views. Our Association Facility enables your immediate family to potentially benefit from preferential fees should they also decide to become clients. Our Self-Select Service enables you to hold other assets within our online platforms in order that you will benefit from an aggregated view of your holdings. This could include directly held shares, ISAs, funds etc. 6 ellis bates wealth management

7 35 years in the making... Where we ve come from has shaped where we are today and will be integral to where we ll be in the future and that s something we ll always remember. Financial services excellence is part of our heritage Grant Ellis and Peter Bates founded the Ellis Bates family of companies following a background in insurance and financial services in Harrogate. They are still part of the company today and are active members of the Board. Peter Bates is also an important member of the Investment Committee Acquisition of Berry Stainsby & Walker Financial Planning Ltd, a successful and established Independent Financial Adviser firm in Newcastle. Staff from Berry Stainsby & Walker are still employed by Ellis Bates today Acquisition of Brigham Brining Independent Financial Adviser firm in Harrogate. Brigham Brining had previously purchased the IFA business of Yorkshire Building Society and were therefore an acquisition of some scale. A number of the key Brigham Brining staff are still employed by Ellis Bates today We gained the Investors in People accreditation and this has been successfully renewed in Ellis Bates Insurance Brokers sold to Towergate in order to concentrate on Independent Financial Advice and develop our services further Recognised as a centre for professional learning excellence by the Chartered Insurance Institute (CII) with the Harrogate office becoming a designated online examination centre for our employees Continuing Professional Development (CPD) Ellis Bates Wealth Management Limited established. 7

8 Let s talk... For a friendly, jargon-free discussion about your financial objectives and to find out more about our extensive wealth management services, please get in touch: Yorkshire Office: Adam House, Ripon Way, Harrogate, HG1 2AU t e ebwm-harrogate@ellisbatesgroup.com North East Office: Grainger Chambers, Hood Street, Newcastle upon Tyne, NE1 6JQ t e ebwm-newcastle@ellisbatesgroup.com Ellis Bates Wealth Management Limited (EBWML). Company Registration Number: Registered in England. Registered Office: Adam House, Ripon Way, Harrogate, North Yorkshire, HG1 2AU. EBWML is authorised and regulated by the Financial Conduct Authority (FCA). EBWML s Financial Services Register Number is You can check our details at or by contacting the FCA on A member of the Ellis Bates Group of Companies. WM/SB 02/16 v002