The client wanted a conservative portfolio, while enjoying a certain level of income. We took a balanced view of this case: putting in place a well diversified portfolio that provided the desired income at a risk level they were comfortable with, while mitigating much of the risk over the lifetime of the investment.
After much discussion with the client, we were able to draw a picture of what he wanted retirement to look like. Once we knew how much capital was needed to achieve this, it was a case of ensuring the business was positioned to release that capital – in the form of a partner buy-out.
Fresh from a divorce, this client had a high income, but was lacking a lump sum to invest. After some budgeting advice, a plan was implemented to build his net worth by investing considerable regular amounts into a diverse portfolio.
This trust had seen numerous advisers over the years but still lacked governance in the form of a decision making process. The way forward was to put in place a system as an ongoing guide, which the trustees could use to set tangible goals, measure and hold to account those who manage assets of the trust.