Tax-efficient investments, proper diversification and all-round optimisation is – or at least should be – the name of the game in March.
These days, you can hardly go online or listen to a podcast without being bombarded with advertisements for one kind of precious metal investment or another. The looming threat of a brutal global recession, which typically spikes the gold price, is a huge factor in this, as is the emotional appeal of perceived ‘safe haven’ assets in times of trouble.
Although our users are far too sensible to jump on the latest craze with untested providers, a good many are looking for opportunities to invest in gold and other precious metals with reputable wealth managers. Introducing investors to real experts in this area has become an increasingly important strand of our work.
Although our users are far too sensible to jump on the latest craze with untested providers, a good many are looking for opportunities to invest in gold and other precious metals with reputable wealth managers
The drumbeat is that gold is likely to shoot up in value in the next couple of years amid decreasing supply and rocketing demand. How to gain exposure to this trend is therefore an important question for many investors. You likely wouldn’t want to allocate a very large proportion of your wealth to gold, but many pundits posit that a judicious proportion may represent a very clever call indeed, especially if gold mining companies rather than the substance itself are the focus.
Wealth managers vary hugely as to their gold and wider commodities offerings, and there are unfortunately a lot of fly-by-night firms out there too which are not worthy of the name ‘wealth manager’ – no matter now they might bill themselves. If precious metals are of interest to you, speak to our expert and unbiased team before taking any chances.
The weeks leading up to the end of the tax year are notoriously an incredibly busy time for wealth managers, but we can safely say we have never seen such a clamour for financial planning advice as in recent weeks – the spur obviously being the multi-faceted tax raid due to kick in on April 6. Appropriately, given the proximity of Valentine’s Day, a lot of questions have related to tax planning for couples.
Although things can feel frantic, helping our users to find expert advice fast around this time is a really satisfying part of our jobs here at findaWEALTHMANAGER.com. As we always say, there is a lot that can be achieved in a relatively short period of time when it comes to optimising your financial planning and investment strategy – as long as you work with someone who really knows what they are doing, and who also has the backing of a wider team to expedite administration and so on.
As we always say, there is a lot that can be achieved in a relatively short period of time when it comes to optimising your financial planning and investment strategy – as long as you work with someone who really knows what they are doing, and who also has the backing of a wider team to expedite administration and so on
What the real benefit of having a wealth manager is however is that you can be finished with last-minute scrambles, forever. No more will ISA deadlines be missed or tax allowances not used up because life got in the way. These may be prosaic matters perhaps, but trimming tax bills wherever you can is a key pillar of good wealth management. Get in touch to hear how the wealth managers on our panel have helped slash the tax exposures of our users – often with very little time to spare before deadlines!
Our role, and that of the wealth managers we represent, is twofold. We play a vital part in helping people fend off their financial fears, but also in achieving their dreams. The conversations we have with our users typically always feature an element of both, and never more so than currently.
Balancing risk mitigation against really going for returns is something that DIY investors can struggle with in the best of times. Now, the value of talking things through with an expert (and tweaking strategies regularly over time) is really coming to the fore. Fortune may favour the brave, but you must align that level of braveness with your profile. Take our short wealth manager matching questionnaire and you can have those crucial conversations with a shortlist of best-matched experts within days.
Our users range from very experienced investors through to those who are right at the start of their wealth management journey and, while we are used to having in-depth discussions about investment styles and strategies with the former, recently we’ve noticed a real interest in these topics from newcomers to the sector too.
Whether it is the inflation/interest rate environment we find ourselves in, the looming global recession or geopolitical fears (or all three), what is clear is that investors of all kinds are thirsting for insights on such debates as passive versus active, or funds versus individual stocks. These choices are complex, and certainly don’t have to be binary in any case, but the fact that we’re increasingly hearing these questions is very encouraging indeed. It means that investors will then be asking the tough questions that they need to of prospective wealth managers.
Whether it is the inflation/interest rate environment we find ourselves in, the looming global recession or geopolitical fears (or all three), what is clear is that investors of all kinds are thirsting for insights on such debates as passive versus active, or funds versus individual stocks
You will find that there is significant variation across the industry. Some firms solely use low-cost passive funds, whereas others favour high-conviction stock-picking, and you might find great success at both extremes (and also with those who steer a mid-path). What is vital, however, is the track record your chosen firm has in its style and strategy – and its ability to articulate its approach robustly. So, while we do enjoy these debates with our users, we enjoy introducing them to a range of wealth managers which match their profile even more. Let us set up a beauty parade of leading firms and see which philosophy and returns history best convinces you.
As regular readers will appreciate, we help users tackle all manner of financial planning and investment issues – and indeed much more besides, including private client mortgages, strategies for paying school fees, divorce and on and on. In fact, we scarcely ever encounter a situation where not one but several wealth managers stand ready to be drafted in and draw on their experiences with the exact same scenario you face.
Whatever you worry or dream about wealth-wise, getting the expert advice you need is just one step away: complete our short wealth manager matching questionnaire or speak to our expert and unbiased team and well-established and respected firms will come to you for further assessment at a time that suits.
The investment strategy and financial planning explanations of this piece are for informational purposes only, may represent only one view, and are not intended in any way as financial or investment advice. Any comment on specific securities should not be interpreted as investment research or advice, solicitation or recommendations to buy or sell a particular security.
We always advise consultation with a professional before making any investment and financial planning decisions.
Always remember that investing involves risk and the value of investments may fall as well as rise. Past performance should not be seen as a guarantee of future returns.