At SeventySeven Wealth Management Ltd, we focus on achieving and maintaining a thorough understanding of your financial needs and aspirations. We believe passionately that the best wealth management service is provided through personal, face-to-face advice. We, with the support of St. James's Place Wealth Management deliver that service, supported by a comprehensive range of financial solutions and a distinctive approach to investment management, which enables us to create financial plans that can adapt to your changing needs and circumstances.
The value of an investment with St. James's Place Wealth Management will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than you invested.
Wealth management is about taking care of all your financial needs together with those of your family; but the reality is that very few of us manage our finances as best we might. This is hardly surprising – the financial world is complex and fast-changing, with a myriad of choices available. Achieving a successful outcome means spending huge amounts of time researching those choices and options. And yet most of us have neither the time nor, it has to be said, the inclination to make the most of what is on offer.
The simple way out of this dilemma is, of course, to seek financial advice and, sensibly, many of us do just that. The problem is that much financial advice is too narrow, addressing the immediate need but failing to see the bigger picture. For example, if you ask for advice on investing tax-efficiently in an Individual Savings Account (ISA) you will probably get it.
What you don’t get, however, is a view on whether you would be better off putting the money into your pension plan or reducing your mortgage borrowing. Your financial situation is unique, so the core of wealth management should be a personal service and a long-term relationship with a chosen adviser, combining regular and comprehensive reviews of your personal finances.
Wealth management should provide a co-ordinated or holistic plan for all aspects of your affairs. Rather than sell you a financial product and never see you again, a wealth manager should be on hand throughout your life. For a successful relationship, you have to trust your wealth manager implicitly and there has to be empathy with your aspirations. Only in this way can you create a successful strategy for your financial affairs.