Our approach

We contact you to arrange a convenient time and place to meet. We’ll require you to gather financial information in advance of our meeting, which enables us to develop a clearer picture of your particular situation. To help us do this, we’ll need to see documents, including life assurance, mortgage, pension, savings, investments or bank statements. You’ll have the opportunity to outline the issues that you’d like to discuss, and we’ll also send you information about our services and fees.

We assess your current financial position and help identify your goals. At your bespoke review, we provide clear information about how we can help you, explaining our advice structure and agreeing your fees with you. It’s also the perfect time to ask any questions you might have. We then assess your assets and liabilities, discuss your objectives and priorities, and consider your attitude to risk.

Using the information we obtain from you, we develop a detailed financial plan. We look at whether the financial plan will fit in with your lifetime goals and make sure you are comfortable with the timescale for implementing the plan. We research the market, review different products and providers, and follow up with the preparation of a document outlining a strategy tailored to your individual goals and circumstances.

We take you through our recommendations in detail. We explain why we’ve chosen specific solutions and outline product features. Our goal is to ensure that you understand why we have recommended certain products or a particular advice strategy. We’ll also discuss the cost of any future work and explain how you can check on investment performance.

All the necessary product paperwork is completed and processed. We make sure that all our agreed recommendations have been implemented. We’ll also liaise with your accountant or solicitor if appropriate.

At this point, you’ll agree how often you want to review your plans. The frequency and level of contact you have with us is entirely up to you. It could be face-to-face meetings, over the phone or by email, whichever suits you best. If your circumstances change, we also need to know so that we can review what further changes your plan may require. These would typically cover life-changing events, including getting married, having a baby, a promotion, buying a new property or deciding to retire – all events that may affect your finances and will require you to assess your financial planning strategy.

This process has to be underpinned by a joint commitment from both Hanbury Wealth and our clients in order to ensure the successful completion of their financial goals.

Whether we take our remuneration by way of commission or fees will be a matter of discussion and agreement, and no charges for fees will be made without prior notification in writing.