STEP PROCESS 

Step 1 - Gathering data and establishing client objectives 

Ascertaining a clear picture of your financial position as it stands today. This is achieved by gathering data to include personal income and expenditure, assets and liabilities and details of existing investments, pensions and protection policies. Discovering what you wish to achieve both financially and personally.

Establishing your personal objectives, with a view to prioritising, and identifying realistic timescales for achieving your financial goals. 

Step 2 - Processing Portfolio construction process

Comprehensive analysis of the data collated to determine its overall effectiveness in meeting your current needs and financial obligations. Ensuring that any current arrangements are cost effective, correctly structured, and where appropriate suitably invested. 

Step 3 - Processing and analysing information 

Establishing client attitude to investment risk to provide an indication of risk tolerance levels. 

Devising a ‘neutral’ asset allocation strategy based on your ascertained risk profile, which would then be tailored to the client’s specific investment attitude and views, to produce a ‘tactical asset allocation’ strategy. 

The tailored asset allocation strategy is then applied to specific investment vehicles, again tailored to client requirements and objectives. 

Step 4 - Recommendation 

Formulation of a comprehensive and tailored recommendation designed to satisfy your personal and financial objectives, which will include: 

• A personal cash flow forecast
• An asset and liability allocation and statement of ‘net worth’
• An analysis of any potential Inheritance Tax liability 
• A tailored investment strategy

Step 5 - Presentation

A comprehensive Financial Planning Report will be provided prior to a follow-up meeting to discuss the contents of the report, with the ultimate view of ‘fine tuning’ the most suitable financial plan. 

Step 6 - Implementation 

Having agreed which sections of the recommendation you wish to effect the most suitable method of implementation is established, with regard to the specific timing of each part of the recommendation. 

Step 7 - Additional Benefits 

Additional benefits include a personal income tax review, with a view to establishing what strategies, if any, can be implemented to provide income tax mitigation or reclamation, as appropriate, through a variety of tax mitigating investments and tax planning schemes.

The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.

The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief is generally dependent on individual circumstances.