October 17, 2020
Unique Offer for Fiduciaries
Free Indicative Calculator & Meeting Guide
Are your clients getting the best investment advice?
Use our indicative calculator to receive a free guide to keeping an eye on your clients’ investment advice.
Your guide includes benchmark fees and costs for a range of potential investment strategies typically used by professional attorneys, deputies and trustees. It’s the ideal reference guide to help you ask the right questions and decide whether your client is getting value for money.
For You and your team
You can use this calculator for every individual client, helping you to get a quick idea of standard charges based on your client’s portfolio amounts. This gives you a great starting point for reviewing investment advice and its cost.
Whether you have an investment review scheduled, have just completed a review, or would like the opportunity to reassure yourself that your clients are getting the most from investment advice, our free guide can help you make sure everything’s in order.
Ask the right questions
We know that professional solicitors and accountants are busy and need to be able to get straight to the point when it comes to protecting client interests.
This free guide includes a detailed checklist, helping you to understand the rationale and direction behind the investment recommendations for each individual client. Having this checklist on file means you can show that you have been asking the right questions of the investment adviser, protecting your client’s interests every step of the way.
It will also help you to see whether the fees and costs incurred by your client are reasonable or whether you could get better value advice that works for your client’s specific circumstances and needs.
By asking the right questions of your clients’ investment adviser, you can begin to see where there may be gaps in knowledge or advice. This helps you to fulfil your responsibilities as a fiduciary and enables you to show clearly that you are proactively working with your client’s other advisers to protect their best interests.
Once you complete the calculator, your personalised guide will be emailed straight to you. It will include a benchmarking table for fees and charges, a checklist to use with your clients’ financial advisers to make sure they’re doing the best job, a guide to investment styles, considerations for financial planning and details of our dedicated fiduciary services.
Need further helps and advice?
We offer a range of services designed specifically for fiduciaries. Ask us about our Initial Appraisal Report – a personalised factual report that analyses the risk, and benchmarks the cost and performance of your client’s existing investments against the solutions researched by us from across the whole of the market.
We can also provide an Initial Suitability Report, which is a fully-detailed financial analysis, including a cashflow plan and formal recommendations. Investments are selected from the whole of the market on an advisory or discretionary service, to meet your client’s needs.
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 Elwell FPFS TEP
Switchfoot Wealth Founder
Read more about Switchfoot Wealth
It can be difficult for healthy clients to imagine being unable to make decisions for themselves. Even clients who are acting as attorneys for parents or are carers often think it won’t happen to me.
But drawing up a Lasting Power of Attorney is fundamental to good financial management and providing clients with the care they’ll need in difficult times. We must persuade clients to put one in place before it’s too late.
We believe that cash flow planning is an essential part of private client work – for financial advisers, accountants and solicitors alike. Understanding its importance means we can give better advice and that in turn allows our clients to make the most of what they have.
There are many legitimate reasons why people may want to make large gifts: for example, inheritance tax planning, supporting family members or ‘balancing up’ previously unequal gifts to family. When planning gifts, it is important that individuals take advice and document objectives and the effect of the gift, which can help protect them from an accusation of ‘deliberate deprivation’ in the future. Cashflow planning can help in this instance
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. 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.