Financial planning

Financial planning - THINKING AHEAD. WITH CLEAR FOCUS.

We've spent years thinking ahead, to help our clients live the future they want. We’ll use our expertise to help you do the same.

LET'S TALK

Financial Planning at Rathbones

It’s reassuring to have a clear plan for the future of your finances. Working one-to-one with our financial planners, you’ll have access to their advice, and their ability to plan ahead to help you achieve your goals.

They’ll aim to ensure you’re better placed to manage financial situations you may not have anticipated.

We will start by getting to know you and your current and long-term needs as well as any personal goals. Using this information, we will work with you to create clear and precise financial objectives to work towards, aiming to reduce complexity and help you focus on what matters to you. Because the best financial plans are always built around individual goals.

HOW CAN WE HELP YOU WITH YOUR FINANCIAL PLANNING ?

We have three ongoing advisory services and as part of our initial advice and planning we will confirm which, if any, is most suitable for you. Our ongoing advisory services are designed to reflect your individual financial planning needs and the type of advice required:

Estate planning

Successful estate planning means thinking about how you would like to pass on your money and assets to your children, any other beneficiaries or dependants, and the causes you care about as part of your long-term financial plan. It’s important to think ahead, explore all your options, including gifting allowances, involving your family and understanding the implications of not making any plans.

Explore your options

Financial planning advice for lawyers

INITIAL ADVICE AND PLANNING

If you decide to engage us, we will explore the issues in detail. We will begin by asking about your preferences and checking how other parts of your finances might link with the matter in hand.

We will complete an analysis of your financial position and compare this to your expected future outgoings – spending, gifts and taxation. Through this cash flow analysis we can help you prioritise your objectives and understand potential risk factors that could impact your plans.

Upon agreeing your financial plan, we will provide our recommendations to you. We will lay out your options and the factors affecting your decision, our assessment of them and how they could impact your priorities. We will give you a written report setting out our advice and recommendations, including the need for ongoing advisory services in the future.

FOCUSED FINANCIAL PLANNING

An ongoing advisory service focused around an annual meeting (usually conducted remotely) to understand your personal circumstances and objectives, and an annual suitability review (reviewing your investment portfolio, your investment mandate and the use of appropriate associated tax allowances) to assist you in meeting your needs and objectives.

This service can cover you and (if applicable) your spouse or partner and your children under the age of 18 (with you acting on their be-half).

HOLISTIC FINANCIAL PLANNING

An ongoing advisory service that takes into account the whole of your wealth, not just your investment portfolio.

As well as an annual meeting (usually conducted in person) and annual suitability review, the service includes a financial plan, to help chart and guide your progress relative to your personal objectives. This can also include an annual consolidated wealth statement showing your overall net worth.

In addition to you and your spouse or partner benefiting from the service your children under the age of 18, and adult children aged between 18-24 can be included in the service. This will provide them with a solid financial start to life.

_{^{These services are provided by Rathbones Financial Planning. Not all services are regulated by the FCA/PRA.}}

FAMILY FINANCIAL PLANNING

An ongoing advisory service that considers not only the whole of your wealth but also that of your wider family, including adult children of any age and your grandchildren under the age of 18. This service is designed to support you if you are looking to successfully pass wealth on to future generations over your lifetime and upon death, to provide you and your family with continuity of planning and service.

As well as an annual meeting (conducted in person), annual suitability review, an update to the initial financial plan and consolidated wealth statement, an optional additional meeting (perhaps with other third-party professionals, to ensure a joined-up approach to your family’s planning) is available on request.

ONE-OFF FINANCIAL ADVICE

Your financial planning team

You will be looked after by a small team that knows you and your personal situation. Your financial planner will be your key contact. You will be supported by members of the team and they will often attend meetings. The team also has access to a range of in-house experts, researchers and analysts who they can call upon when needed or to at-tend meetings when required.

Rebecca Williams

London regional manager

Richard Cook

Senior financial planner

Richard Nicholls

Financial planning director

INSIGHTS

24 September 2024

Episode 10: Over the Moonpig

In the latest episode of Inspired Sounds, find out how Nick Jenkins the founder of Moonpig, stumbled across the most incredible business model which led him to found the personalised greetings card colossus.

Nick reveals to our host Rebecca his unique path into entrepreneurship and how he discovered there is still joy in seeing a business grow even after you have exited.

Find out more

1 min

23 September 2024

Review of the week: The Fed goes big

Interest rates have finally dropped in the US after a double-barrelled cut. But will they fall as fast from here as investors expect?

Find out more

4 mins

23 September 2024

Investment Insights Q3 2024: Prepare for the unexpected when America votes

The US presidential election is looking tight. What would a Democrat or Republican victory mean for markets?

Find out more

4 mins

20 September 2024

Planning for later life care webinar

This recording is for anyone who wants to gain a better understanding of the financial issues facing people in later life, including types of care, funding options, considerations like estate planning and the wider support available.

Find out more

1 min

Financial planning - THINKING AHEAD. WITH CLEAR FOCUS.