Financial Wealth Management

Leaving your wealth in your high street bank’s saving account is one thing, but are you really getting the most you could from it? Financial wealth management is the process of investing and managing your money so that it grows. Contact Endeavour Financial Planning to discuss how our wealth management services can help your finances.

The Wirral economy

The Wirral area, like the rest of the country, has had its economic troubles from time to time, but there is never any shortage of companies investing in the area. In 2016, the Wirral Chamber of Commerce held its Business Awards where the positive effect that Wirral businesses have on the growth of the national economy were celebrated, and the likes of Cammell Laird and Unilever remain key to the area’s economy. Many people in the Wirral area benefit financially from the success of the peninsula’s economy.

At Endeavour, we help our clients in the Wirral area choose the best options for managing their wealth.

Short and long term

Financial wealth management is about short, medium and long-term planning. Short-term planning looks at ways to invest money to produce a regular income.

Long-term planning is about looking towards your retirement so that you can have a financially comfortable income when you finish working.

Wealth management is also about what happens to your wealth after you die, and how your loved ones will cope financially without you.

Risk

Financial wealth management deals with risk. Some investments are risk free but may earn only a small amount of interest. For example, investing in the stock market can result in higher yields, but involves risk as stocks can go down as well as up. A professional wealth management service will discuss the level of risk that a client is willing to take, or may look at a strategy that combines low, medium and high-risk investments.

Tax

The tax system is complex. A financial wealth management service will be able to plan your assets so that you are not paying more tax than you need to. For some, family trusts may be advisable to minimise inheritance tax. Charity and gifts

You may wish to give away some of your wealth as a gift to a charity or your family. A financial manager can advise on the best ways to do this. To discuss your financial management needs, call Endeavour Financial Planning today to arrange a free meeting where we can discuss your positive financial future.

Investments – The value of units can fall as well as rise, and you may not get back all your original investment.

Taxation advice is not regulated by the Financial Conduct Authority.

Contact us about Financial Wealth Management

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