We spoke to our latest recruit, Liam Clarke, about what attracted him to financial planning, why he chose Switchfoot Wealth, and what he’s enjoying most so far!
October 11, 2021
Considering your needs
The first thing to do is think about your financial requirements. This includes not only your current levels of income and spending, but the money you will need in the future. And this future planning is both about having the cashflow to maintain the lifestyle you want, and preparing for other costs, such as care. In fact, one of the first questions you might be asked is whether there are other ways of meeting your requirements, apart from standard market investments.
There is also likely to be a conversation about emergency funds – do you have any? How can you build them up? Perhaps you have too much cash in the bank and that money could be working harder for you elsewhere. The job of a financial planner is to look solely at your status and needs and give you relevant advice that reflects your short, medium and long-term requirements.
Your investment philosophy
Part of putting your personal investment strategy together is to find out what you are interested in and comfortable with. This includes finding out what level of risk you are most comfortable with. All investment presents a risk – you might want your pension to be a lower-risk investment but an ISA to be higher risk, for example. By understanding how you feel, your financial adviser can look at funds that are most suitable for you. This also applies to types of funds – for example, at Switchfoot Wealth, we recommend sustainable funds as the default option, because they make long-term financial sense, but you may choose to invest in funds that support other industries.
Spreading the load
It’s generally good practice to make sure that investments are diversified enough to protect the investor and their money. Of course, this depends on the overall wealth of each client and their respective needs, but the aim is to protect the money, and to put it in places where it will grow – depending on the markets, of course.
If you are looking for reputable independent financial advice, or would like to review your current investment strategies, Switchfoot Wealth can help. Contact us today to make an appointment.
For Professional Fiduciaries. Not aimed at retail clients.
I started Switchfoot Wealth to offer financial planning that matches the way we live and work today. Using the best technology and offering expertise gained through both formal qualifications and years of working closely with clients, we are bringing financial planning into the 21st century, helping people, businesses and professional advisers make the most of their time and their money.
– Sebastian Ewell
Switchfoot Wealth Founder
Read more about Switchfoot Wealth
If you have been appointed as an attorney or a deputy, you have a duty of care to manage your client’s financial arrangements to the benefit of either the client themselves or the beneficiaries of any trust, depending on circumstances.
"I started Switchfoot Wealth to offer financial planning that matches the way we live and work today. Using the best technology and offering expertise gained through both formal qualifications and years of working closely with clients, we are bringing financial...
SwitchFoot Wealth Limited is an appointed representative of Sense Network Limited which is authorised and regulated by the Financial Conduct Authority. SwitchFoot Wealth Limited is entered on the Financial Services register (www.fca.org.uk/register) under reference number 808196.
Registered Address: 28 Upper Hale Road, Farnham, Surrey, GU9 0NS. Principle Office: 147 Frimley Road, Camberley, Surrey, GU15 2PS. Registered in England & Wales No.: 11220173.
The information contained within this website is subject to the UK regulatory regime and therefore restricted to consumers based in the UK.
The Financial Ombudsman Service is available to sort out individual complaints that clients and financial services business aren’t able to resolve themselves. To contact the Financial Ombudsman Service, please visit www.financial-ombudsman.org.uk.