Comprehensive and considered
Wealth management helps clients protect and grow their family’s wealth effectively and tax-efficiently at every stage of their life - from getting married and funding education, to retirement planning and passing on wealth to the next generation.
Your client's Wealth Manager will advise on all aspects of their finances and investments, ensuring they’re structured to meet your client's current and future goals. Alongside this, they will have their own personalised portfolio, tailored to their financial plans and risk tolerance and managed by experts at every step.
Wealth planning and advice
Wealth planning involves advising your clients on how to structure their wealth, helping them live life to its fullest while financially preparing for their later years. We can help protect, grow and ultimately pass wealth on to family and loved ones.
Wealth planning overview
Retirement planning
Helping your client to have confidence in their retirement plans with our specialist service.
Learn more
Inheritance tax planning
Understand how to leave a lasting legacy with the help of our experts.
Learn more
Long-term care planning
Find the best way to cover the cost of care with accredited specialists.
Learn moreInvestment management
Now there is a plan to help your client reach their goals, our investment management services can help put some power behind it.
Investment management overview
Portfolio management
Invest confidently with a portfolio chosen for your client and managed by experts.
Learn more
Stockbroking services
If your client is a more experienced investor, choose from our advisory and execution-only services.
Learn moreCommon questions on wealth management
Wealth management involves both wealth planning (also known as financial planning) and investment management. Not only can our Wealth Managers create a bespoke, tax-efficient plan to help you reach your financial goals, our Investment Managers can also build a bespoke portfolio and manage it to further support your plan.
The simple answer is whenever it suits you, there’s no set age or time to begin. Engaging a Wealth Manager can be especially valuable if you’ve accumulated significant wealth quickly, your financial situation is complicated or you’re experiencing a major life change. Examples include receiving an inheritance , winning the lottery, changing careers, moving countries, starting a family, getting married, divorced or nearing retirement.
Alternatively, you might have worked hard all your life and quietly built up a nice nest egg. Engaging a Wealth Manager at this point will allow an expert to look at your financial set-up and see if it could be managed more effectively to meet your goals.
You don’t need a specific amount of money to use a Wealth Manager, so please don’t assume you’re not wealthy enough. However, each private wealth management firm will usually set their own minimum investment level for clients.
At Canaccord Wealth, our clients usually have £250,000+ of assets to invest, but we may be able to help if you have less than this, provided we believe our wealth management services can be of genuine value to you.
Choosing a Wealth Manager is a big decision that needs careful consideration. It’s important to think about more than just price. A good Wealth Manager should give you valuable advice and deliver long-term investment performance you can’t achieve alone. We dedicate time and effort to ensure your wealth works to its fullest, making our service worth the cost.
We suggest you also:
- Do your research - check their credentials and reputation
- Get recommendations from friends and family
- Read reviews and testimonials from clients
- Meet them in person to get a feel for the firm and the person you’ll be dealing with
- Ask what they will do for you and look after your interests
- Ask them to explain their fees and the value you receive for this
- Finally, go with your gut - don’t forget you could be working with them for a long time, so a trusting relationship is vital.
Changing your Wealth Manager can be straightforward, especially if you have the support of your new one throughout the transfer. Concerns about cost, time, and paperwork may make you think you’re better off staying put, but changing your wealth management provider could be far easier than you think.
When you transfer your investments to us, we’ll handle everything we can for you, including evaluating the potential costs and tax implications.
A Wealth Manager is worth the money if their expertise and advice help you achieve your financial goals.
As your wealth grows and becomes more complex, it’s increasingly important to consider your tax liabilities and the various options to choose from. A good Wealth Manager should have the financial planning and investment management expertise to make sense of all these elements and guide you in making informed decisions to best preserve and grow your wealth.
Whether it’s better for you to use a Wealth Manager or do it yourself depends on many things.
- How much money do you have to invest?
- How complex is your financial situation?
- How confident are you about finance, investment markets and tax mitigation?
- How much time can you truly devote to managing your wealth and keeping up with market movements and trends?
- What do you ultimately want to achieve?
A Wealth Manager can take all of this into account and, best of all, they have the time and expertise to look after your wealth day to day, year to year.