STEP 1
Having established your goals, we need to establish your level of investment experience and knowledge. We need to also consider issues such as access to your money and the level of flexibility required in the investment selection and your personal circumstances, including your tax position.
STEP 2
Once we have established your financial goals we can begin to determine the most appropriate financial product(s) to meet your needs. A tax wrapper is a financial product, such as a pension, ISA or bond, within which your investments can be held and which usually has certain tax benefits.
STEP 3
After we have discussed which tax wrapper and risk level is appropriate for you, it is important to look at which investment solution may be suitable to meet your needs. There are a range of options available; for example, we can individually select funds to construct an investment portfolio for you, or a 'packaged solution' may be more suitable.
STEP 4
Once we've established your risk profile, we then build an investment portfolio which suits your needs. We do this through 'asset allocation'. This involves mixing different assets, such as cash, property, fixed interest and UK and International equity, to build a portfolio that matches your attitude to risk.