Strategic Financial Planning
MEETING YOUR NEEDS AND OBJECTIVES
Financial planning now reflects the complexity of the age in which they live. People’s lives are interwoven with the decisions that they take about their homes, mortgages, wills and pensions.
Hill Merry’s service pivots on the client’s objectives and their realisation, not upon the sale of financial products. They look to win the trust of clients for the longer term so that they can help them smooth a path through the financial jungle that surrounds them all.
Hill Merry specialises in providing strategic financial advice and investment management services to private clients with offshore mutual funds. The work is varied in character but carries a central theme – how can the client’s position be optimized in a complex financial world?
Three examples of why individuals approach them are:
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- their circumstances have changed
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- they would like expert input to their own plans
- they want to ensure that they are exploiting all available financial opportunities.
The need is often greater for those who are busy and do not have enough time to manage their personal financial affairs successfully. Their aim is to give objective financial advice and to form a long term relationship by providing a continuing source of support and management with the most advanced investment portfolio management software
Your client executive
Hill Merry advises in three main areas:
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- strategic financial and tax planning;
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- corporate and personal pensions;
- investment planning and management via a connected company, Hill Merry (Asset Management) Limited.
Depending on your inquiry, you will be allocated a client executive who will then act as your principal point of contact within the firm. You will normally meet this person prior to instructing them and care will be taken to match their skills to your requirements. You will also have access, through your client executive, to the other specialist skills within the company.
Saving you time and trouble If you lack time they can support you in several ways. They will ensure that the administration of your investments and financial affairs is handled expeditiously.
They follow financial markets closely and can advise you of any changes which may affect you. Regular reviews will help you retain a disciplined approach to the management of your money and they are happy to act as a sounding board for your own ideas. They are also pleased to co-ordinate the services of your other professional advisers. Their team is using premium XERO Bookkeeper service so they keep everything on 100% update!
When they talk about planning your personal finance they also take into account the needs of some of their clients to play recreationally online at all points of the customer’s experience. In order to ensure your account remains safe and protect your financial data, they work closely with top sites in this industry. In fact, it is incredibly important to check whether the site you’re planning to play at is monitored and audited by multiple organizations which are responsible for that.
Independence
Successful planning requires objectivity. They are free from association with other institutions and issue no products of their own.
Their Service
The initial meeting
A first meeting with Hill Merry is free and does not bind you to a future relationship. It enables
you to assess Hill Merry and helps them to identify your needs and objectives.
Their planning process
Estimate
Following the meeting they will generally write to you outlining their understanding of your requirements and estimate the costs for helping you. They will specify any extra information they need and they can normally collect this on your behalf.
Strategic Financial Plan
On receipt of your instruction to proceed they will research and prepare a strategic financial plan
which may include:
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- an analysis of your existing investments, pensions, tax planning, wills, mortgages and banking arrangements
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- an estimate of the feasibility and cost of achieving your objectives
- a strategy and specific recommendations to achieve your objectives
This is discussed in a further meeting at which actions will be agreed.
Implementation
The process of implementing a plan, which may involve dealing with third parties, can be time consuming. Hill Merry is generally able to control this process and to cause you the minimum disruption.
Annual Review
It is important to review the plan regularly to react to any changes in your circumstances and in the
economic and tax environment. A review meeting is normally held annually.
Charging arrangements
The key to their charging structure is transparency and simplicity. A detailed ledger is kept and clients are charged on a time costed basis. If they receive financial planning commissions from third parties these may be used to offset their fees, which otherwise carry VAT.