FCA-COMPLIANT ADVICE WITH £85K PROTECTION
ANNUAL REVIEWS FOR EVOLVING FINANCIAL GOALS
ACCESS TO 1,000+ FINANCIAL PRODUCTS
UNDERSTANDING THE VALUE OF FINANCIAL PLANNING
RAE Financial Advisory Services Ltd in Manchester is dedicated to providing financial planning that truly aligns with your goals. Our initial one-off adviser charge reflects the depth of work involved in crafting bespoke recommendations. From assessing your risk tolerance to utilising tax allowances, every step is designed to secure your financial future. We believe in doing a thorough job, ensuring that every recommendation is credible, compliant, and tailored to your needs. With us, you’re not just paying for advice; you’re investing in peace of mind and a brighter financial outlook.
INITIAL ONE-OFF ADVISER CHARGE
The Initial one-off advice charge is to pay for the cost of advice, Implementation, and the administration of the full advice process. This will be in a formal written format.
This is the norm across the financial industry. We are not the cheapest nor the most expensive either, but one thing we can guarantee you is that you will receive good value for money for now and in the future. We do not do a quick job. We do a proper and thorough job. Hence, we take our time before we come up with a blue-chip and credible recommendation that is tailor-made to your needs and objectives. This will be based on the amount of work involved; having used our experience, knowledge, know-how, and qualifications, you only get what you pay for.
Let us break down what you will be paying for and what the benefits are for you: –
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You will receive sound, impartial, and holistic financial advice that is in line with FCA rules regulations. This is our service level criteria. Our advice is even checked by compliance before we formally present it to you. The advice is also backed by the Financial Services Compensation Scheme up to £85,000.
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There is no comparison between your initial advice charge and what we are liable for. We are not here today and long gone tomorrow.
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Without good financial advice, you are putting yourself at risk of selecting the wrong product/investment, which will have a knock-on effect on addressing your needs and objectives.
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Part of our role is to utilise any tax breaks and tax allowances that are available to you annually. This will enable you to earn more money over the years or retire early,
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We use 5-star award-winning independent software research tools that enable us to access over 1000 products in the marketplace. In other words, we do all the shopping around for you so you do not have to go through the whole marketplace.
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We also assess your risk comfort zone, your risk tolerance, and your investment experience. This will be the basis of carefully researching and selecting the right investment vehicle with the correct asset allocation/diversification and dilution, and low charges. In other words, we look at the foresight rather than the hindsight,
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All of the above software costs time and money, which will be added to the overall cost.
The time required to package all of this for you should not be underestimated, since you only see the finished product and not the amount of work involved that went behind the scenes.
ONGOING ADVISER SERVICES CHARGE
The final phase of our holistic financial planning process involves continuous monitoring and assessment of your portfolio’s value. This ensures that our advice remains consistent with your evolving needs and goals, providing you with peace of mind and confidence in your financial future.
This entails monitoring your investment from start to finish on an annual basis. We do not charge clients as we wish. The charges are within the FCA rules. The benefits of having annual reviews are as follows:-
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Nothing stays the same as things change and evolve. Your circumstances change and evolve (you may have a pay rise, redundancy, inheritance, illness, death, divorce, marriage, etc). Therefore, your investment strategy and objective should change and evolve in line with the change in your circumstances. Some clients say they leave everything to their husband, but what if the husband is no longer there?
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Tax legislation changes and evolves. This might impact your tax status and your investment. Part of our role is to utilise any tax breaks and tax allowances that are available for you annually. This will enable you to earn more money over the years or retire early.
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Your risk tolerance and your investment performance do change and evolve in line with the change of the economic cycle, i.e. volatility/market movement. We hope you appreciate that investment does not grow in a straight line.
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You need ongoing advice and supervision, especially in the last 10 years pre-retirement and 15 years post-retirement. This is called a retirement vulnerable risk zone.
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The risk of not monitoring your investment far outweighs our ongoing charges, especially if you were to encash your investment at the wrong time or take more income than what your investment is making during the economic downturn. This will force you to work longer than intended, preventing you from having retirement freedom, and your investment won’t last longer than you do. This equates to saving you money more than what we are charging you. Do you have the time and the know-how to do all of this yourself?
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Do you understand the effect or the impact of inflation and interest rate increases or decreases on your fund performance? (This is like having a pay rise or pay cut on your investment fund. Do you know what to do then?
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We are living in a world of mergers and emergers. Funds/products can be bought and sold by different providers. Do you know what to do then?
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You can phone us directly as your chartered financial advisor, financial coach, and administrator, rather than phoning a life office that will not give you financial advice. You are speaking to a human being and not a robot/Alexa, which should be at the expense of human interaction.
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All the required information within the platform pension/investment account will be available digitally rather than by post.
TESTIMONIALS
