Marmalade. Wealth Management. Expert Financial Advice

Transcription

1 Expert Financial Advice

2 Contents Welcome to Marmalade 2 Welcome to Marmalade 3 Who we are 4 What will you do for me? 5 How we work 8 Other services As a truly independent organisation we make available the resources of companies across the entire financial market. This means you can enjoy the benefits of impartial and independent advice at the highest level. Our dedicated team of Financial Advisers work to develop long term relationships with our clients. We ensure our clients s financial requirements are catered for throughout the different phases of life by developing close personal relationships, applying our knowledge and professionalism to every aspect of financial advice. We recognise that any area of Financial is a personal issue and special to you. We are careful to take the time to ensure we understand your individual needs and aspirations and as these may change over time, we review your affairs to ensure they continue to meet your objectives. So what makes us different amongst our peers? In summary, we genuinely care about our clients, we take a pride in what we do, and we ensure we deliver our promises together with a strong emphasis on customer service. It s these simple but all important qualities together with our knowledge and expertise which differentiates us from the rest and ensures we build lasting and trusted relationships with our clients. To find out how Marmalade can help you contact us direct or speak with your Marmalade adviser. 2 Investing for your future

3 As the founder, I have over 30 years of experience in financial services having previously been a director and group manager of some of the largest financial institutions in the UK. I am a senior member of the Obsidian Financial Ltd Investment Committee managing assets in excess of 250 million on behalf of our clients with the support of over 40 investments advisers and administrative staff. I am also one of the country s most qualified financial advisers and a member of the Chartered Insurance Institute, a Fellow of the Personal Finance Society and a Chartered Financial Planner so you are in safe hands. With Marmalade, you will receive a friendly, approachable, ethical and knowledgeable service focused on real people a truly refreshing approach! Tracy Morris FPFS Chartered Financial Planner Managing Director

4 What will you do for me Progress and Reviews Lifestyle goals 1. About You 5. Implementing the Plan Solutions Client Barriers and Risks and Ambitions 2. Your Goals, Dreams 4. Getting There 3. Analysis...to help grow my wealth? 4 Advisers you can trust

5 How we work Many people have goals, dreams and ambitions, but frankly, goals without planning are nothing short of a wish list... At Marmalade we set achievable goals with specific deadlines. To achieve this we follow 6 clear steps to set out your own personal bespoke plan: Stage 1 About You One of our advisers will meet with you to discuss your personal circumstances and your current financial situation. This will involve some detail so that we work with you to construct your personal plan. We effectively take a picture of where you are now, and then review where you want to be and when. Details of you, your occupation, your savings & investments, your mortgage, your current liabilities and your current tax position all help form the picture. From this we can build a profile of you which will help us to formulate your plan. Stage 2 Your Goals, Dreams and Ambitions Once we have a clear picture of your current situation we then move on to discuss your objectives and aspirations. We will also take time to discuss and consider any concerns you may have. Part of this process will be to review your personal attitude to risk and reward, and your attitude towards investment risk. This is a crucial part of the process and will enable us to construct an investment portfolio which is bespoke to you and your plan. As our discussions progress you will see how these components fit into the building of your own personal plan. Stage 3 Analysis Together we will review our analysis of your current position, and give you our outline findings and initial thoughts for your plan. We ll present our recommendations and actions required for you to achieve your goals. Achieving your goals 5

6 Stage 4 Getting There Having now discovered where you are and where you want to be we can now begin to map out your own bespoke financial plan. This effectively forms the map or the route you will take to reach your required destination. We ensure we establish the most cost effective appropriate way to make your journey a smooth one. At Marmalade we pride ourselves in our ability to deliver our clients with the most appropriate solution to reach their goals. Stage 5 Implementing the Plan It s now time to implement the plan. Now we have agreed with you the plan its now time to put things into motion. Stage 6 Progress and Reviews Our service doesn t stop there! During our discussion we will have established review dates and agreed these with you, these should take place at least annually, more regularly if required or requested. Regular monitoring of your Personal Financial Plan serves a very useful part of the plan. It allows us to make any necessary adjustments and ensures that you are able to see progress towards reaching your goals. With Marmalade s refreshing approach to wealth management you can expect all this and more! We have several different levels of service depending on your circumstances. Typically our clients take advantage of the Premier Service featured overleaf. 6 Cost effective appropriate solutions

7 Client Services available This service is designed for clients wishing to ensure their financial affairs remain efficient. Clients using this service would normally have a substantial portfolio of assets to manage. Available within this personal service is: An annual review meeting with your adviser A complete financial strategy review A high level strategic review of your objectives Financial health check Telephone & access to your adviser Telephone calls returned promptly s and written communication returned within a timely manner Face to face access to your adviser between reviews where required A personal approach Access to on going financial advice to suit your objectives Professional service Providing strategic updates to your Accountant and any other Professional Advisers Supplying end of year taxation information (as required) Recommending suitable professionals as other needs arise Ensuring every one of the financial team provides advice in a co-ordinated and professional way Advice review and consolidation Portfolio construction Using a scientific risk profiling methodology Design of a suitable asset allocation Portfolio design and construction Communication Regular newsletters keeping you informed of wider issues Portfolio management Online access to portfolio valuations Portfolio monitoring Regular re-weighting of asset allocation to benchmark Written portfolio valuations on request Second opinion service Complimentary review of other assets, proposals, from whatever source they may originate Removing the hassle service Consolidation and organisation of your financial paperwork Help dealing with administrative clutter Confidential waste recycling On going access to all of our Core Advice Services This includes The Asset Protection & Estate Planning Service The Investment Strategy Service The At Retirement Service The General Financial Planning Service Continual efficient financial planning 7

8 Mortgages We can help with all types of mortgages Getting the key to your first home is one of the great moments in life and there are few things more exciting than buying the perfect property for your needs. Whether you are a first time buyer starting out on the property ladder, require more space for the family or are looking for an investment property to rent, it is likely you will need a mortgage to help you make your move. Alternatively, you may be looking to capitalise on the growth in value of your property to help you with other projects. Re-mortgaging a property to provide money for a business, home improvements or perhaps debt consolidation is now a very common occurrence. A fee of up to 295 will be charged when you apply for a mortgage. We will also be paid commission from the lender. 8 Helping you up the property ladder

9 Insurance Protect yourself now, you will never predict the future Life s full of surprises some good, others more challenging. From illnesses and accidents to new events like buying a home, getting married or having children, it s really important that we have things in place to cope just as it s vital to find the right life insurance quotes too. That s why at Marmalade, we are committed to help you protect what matters to you most. Marmalade has access to the whole of the market along with truly independent advice. We can help you arrange all the following forms of cover to protect you and your family: Critical Illness Cover Life Insurance Private Medical Insurance Buildings and Contents Insurance Protecting yourselves and your loved ones 9

10 Retirement Options and Inheritance Tax Make your pension work just as hard as you! Retirement Options concerns the financial choices available to you when you reach retirement age. In principle, the process works by using pension benefits to both realise a lump sum and purchase an annuity, which, in turn, provides an income over the duration of your retirement. Having salted away money during your working life, it s time to enjoy the fruits of your labours. But first, you have to decide what to do with your pension benefits. Do you take a tax-free lump sum? How much risk do you want to take? What sort of annuity suits you best? There are lots of providers and lots of different products to choose from not all will be right for you and your circumstances. Thankfully, Marmalade can do the legwork for you, shopping around is always a good idea whether it s for a car, a holiday or an annuity. It helps to get the best value for money and product for you. Cash or income? Your pension plan will almost certainly allow you to take part of your pension fund as a taxfree lump sum. The maximum cash you could receive will depend on Inland Revenue rules. You will need to bear in mind that taking part of your fund will reduce the amount you have available to provide an income. Now or Later? You may decide that you don t need any additional cash or income at the point of retirement. In this case you can delay taking your benefits. Most pension plans allow you to delay taking your benefits. Minimise what you leave to the taxman Inheritance Tax (IHT) is the tax due from your estate when you die. It is currently calculated at 40% of any amount in excess of 325,000 (2013/2014). Any unused allowance is transferable between spouses giving an allowance of 650,000. Inheritance Tax Planning is designed to reduce this payment and ensure that as much of your wealth as possible is passed on to your family or other specified beneficiaries. Inland Revenue practice and the law relating to taxation are complex and subject to individual circumstances and changes that cannot be foreseen. 10 Planning for retirement and beyond

11 Other Services Our core services include portfolio management and wealth planning, giving you access to: Multi-asset portfolio management Single-asset class portfolios Wealth planning estate planning, capital gains and income tax planning Alternative investments Cash management Foreign exchange Structured products Pensions Direct or indirect security investments ISA management Portfolio management for charities, trusts, and companies Ethical investments A refreshing approach to investing your money 11

12 To speak to one of our investment advisers about your objectives, call or Marmalade Limited 21 New Walk, Leicester, Leicestershire LE1 6TE Suite 2 & 9, Swan Park Business Centre, Kettlebrook Road, Tamworth, Staffordshire B77 1AG TEL: Marmalade Limited is an Appointed Representative of Obsidian Financial Limited. Registered in England: