For business owners
We provide a comprehensive range of services all designed to support you if you are a business owner.
Taking your personal and business goals as our starting point, we apply our considerable expertise to recommend financial solutions that meet both your immediate and short-term requirements as well as your longer-term needs too.
As a business owner, we know your professional financial success will unquestionably also impact your personal wealth. We therefore aim to deliver a cohesive strategy that incorporates all aspects of your financial wellbeing and goals. By getting to know you well and building a detailed picture of what you want to achieve, as well as the things that really matter to you, we can help you achieve success that carries through to all areas of your life.
Our work together will help you answer questions such as:
How much should I be selling my business for?
Am I paying too much tax?
How can I protect my business if something goes wrong?
What insurance should I have?
Do I have enough money to retire?
Do I have enough in the pot to live the retirement lifestyle I want?
Can I afford to privately educate my children?
Can I afford to gift money to my children/grandchildren?
LONG TERM PLANNING
I was originally advised by John, Richard's father, prior to his retirement. I have enjoyed a long and happy relationship with both John and Richard and always appreciated their assistance.”
Hitchell client, Surrey, December 2019
Read more of our client reviews here.
We see each client as an individual. Our services are therefore always tailored to each individual client’s needs and are based around your personal goals, objectives and concerns. We like to work with clients over the long term, in a way that allows us to develop a relationship and help you work towards the future you aspire to, but we know that sometimes our clients just need help with something pressing that requires professional guidance.
Our work with our clients is therefore varied, but usually includes:
A full financial audit
Before we begin to prepare your financial plan and make recommendations, our aim is to help you understand where you are now. We call this assessment of your current financial situation a ‘financial audit’.
As part of this, we will present you with a net worth statement, including the value of all your assets and liabilities, your Inheritance Tax expectations, analysis of your pensions and investments and your risk management and protection arrangements.
We use Voyant’s award-winning cashflow modelling technology to build a picture of your finances. It allows us to plot out your income, expenditure, assets, liabilities, future planned expenditure and purchases, and future windfalls to create your forecasted financial position every year from now until death.
Working with you as your financial mentor, we will discuss and agree the major financial goals in your life and understand what you need to do to achieve them.
We then produce a detailed analysis and project your current arrangements into the future, given various key assumptions. We look at how to achieve your goals and objectives using your existing provisions and plans. By ‘pressure testing’ their robustness, we aim to provide you with reassurance as well as other options to consider.
We will discuss our findings with you, help you consider your options, provide financial advice and agree a detailed course of action.
Business protection is all about being prepared for the unexpected. We can help you evaluate what risks your business faces and how you can best mitigate those risks. With the help of products such as Key Person Insurance, Partnership Protection and Shareholder Protection, we can help you safeguard your business and your future.
Our regular reviews and ongoing support are designed to keep you on track and help you successfully navigate around any bumps in the road or changes to your plans that come up.
For most clients, the preparation of your financial audit and financial plan marks the start of a long partnership between us. Our aim is to help you do 'the right things, at the right times for the right reasons' and build on the provisions, plans and assets you have already acquired.
Your partner in financial success
We’ve been providing expert financial advice for more than 40 years. Why have we been so successful?
We like to think we’re more than just top-notch financial planners; we’re relationship builders too. As a family-run practice, we’re proud of the trusted relationships we’ve built and the professional, friendly advisory service we’ve provided to our clients since 1978.
If you’d like to find out how we can help you and your business, use the contact form below.
WORKING WITH US
"Everyone has a number. Each individual unique and the number will differ depending on the lifestyle, dreams or ambitions. Our job is to help clients to find their number, then create a strategic plan to ensure that they achieve it.”
RICHARD HITCHELL, CHARTERED FINANCIAL PLANNER