New year – what’s the (financial) plan?

With disruption and violence in the political capital of the US and rampant new variants of the coronavirus causing havoc in the UK and Europe, the first couple of weeks of the New Year seem every bit as depressing, if not worse, than the last few months of 2020. But with a new US President and more Covid-19 vaccines coming on stream, there are glimmers of light at the end of a very long tunnel, and Clarion would like to help ensure that you start the new year with your best financial foot forward.

Advice vs planning

Financial advice often just provides an answer to a very specific question asked by the client, without the full context necessarily being considered – useful, but in a limited capacity.

At Clarion we offer true lifelong financial planning. It is a holistic and continuous process that flows from our clients’ answers to these key questions: what is your target lifestyle and what goals do you and your family have?

After an in-depth analysis of income, assets, and investments in conjunction with retirement plans, lifestyle, and family needs, our financial planners produce a cashflow plan and assess the suitable level of investment risk.

Financial planning is a long-term relationship committed to ensuring that once you are comfortable, you have sufficient capital and income to maintain your target lifestyle, for life.

Time to review

The beginning of the year is the traditional time to make plans. In January, like its namesake Janus, we have one face towards the future and another still glancing back at what has gone.

Objectives and risk appetites can change over time, so it is essential the financial plan is reviewed regularly – at least annually – especially in times of upheaval or changing circumstances.

Even if the eventual target remains unchanged, it is essential to measure actual performance against the plan and adjust where appropriate.

Making sure our clients are protected against unforeseen circumstances is what we do.

With over 30 years’ experience in the field, we can help your 2021 be your most financially secure year yet – even during what has now become a cliché, these uncertain times.

Follow the plan

After working hard for your wealth, it is possible to make it work even harder for you, your family, and future generations.

And with prudent planning, together we can ensure that a sale of a business, retirement, succession, and charitable donations can be achieved efficiently.

The judicious use of tax exemptions on lifetime gifts, trusts to pay education fees, and splitting investments with partners are just some of the tools at our disposal, to allow you to get on with the serious business of enjoying the life you have built for yourself.

Experience true financial planning at our cost: email enquiries@clarionwealth.co.uk to book a free initial consultation meeting, which is backed by our Clarion Guarantee. If you are not completely satisfied with the value of the service you have received after the fourth meeting, when you receive your strategic financial plan, we will waive all fees.

Working directly with our clients is of the utmost importance and meetings are continuing via Zoom through the duration of lockdowns and tier restrictions.