FTAdviser Top 100 Financial Advisers 2022
Our rundown of the top UK financial advice firms
Welcome to the FTAdviser Top 100 2022
The latest FTAdviser Top 100 Financial Advisers lists are out for 2022, showcasing some of the best advice firms in the country.
Over the past year, the financial services sector has been rocked by significant events.
These include Russia’s invasion of Ukraine, the rising cost of living, an energy crisis and a swath of tax changes unveiled as part of the new prime minister’s Trussonomics plan for growth, which helped the pound tumble to record lows.
Yet despite this, the list of businesses in the FTAdviser Top 100 2022 presents a snapshot of the remarkable resilience shown by the entire advice sector.
These standards are a decent indication of a firm trying to do the right thing by its customers
2022 marks 10 years since the introduction of the Retail Distribution Review; seven years since pension freedoms came into force and six years since the Financial Advice Market Review highlighted serious issues that needed to be addressed.
And over that time, businesses have adapted to change, whether this be tax policy turning on a pin, dealing with the after-effects of the pandemic or embracing the digital transformation.
Most firms are still feeling their way into what Liz Truss has been calling a ‘new era’. But finding the right balance between face-to-face advice and online services – as well as developing robust succession plans to future-proof the advice industry – could yet result in some significant changes to business models.
We will be keeping a close eye on that, as well as the more familiar challenges facing advisers and their firms, in the months and years ahead.
FTAdviser’s Top 100 Financial Advisers is based on Financial Clarity data, from ISS Market Intelligence.
In keeping with our policy of revising the methodology to avoid a skew to the largest firms, we also reward businesses that are either chartered by the Chartered Insurance Institute or accredited by the Chartered Institute for Securities & Investment.
Of course, these standards are not a guarantee of good behaviour or good practices, but they remain a decent indication of a firm trying to do the right thing by its customers, and help to ensure our list is not compiled using financial metrics alone.
As a result, seven of our top 10 companies have either chartered or accredited status, as do 17 of the top 20.
The top 20 is where the rankings end this year. As per last year, businesses outside this group are now listed in alphabetical order, rather than based on the data.
We’ve done this so the list emphasises the companies themselves, rather than giving undue focus to a precise position in the rankings or how that position might have shifted year-on-year. Indeed, sometimes firms' positions might change significantly over the year.
Equally, we consider it important to retain a small group of firms that our metrics rank as the best of the best at the top of the list.
In 2022 we are continuing with the editor’s choice selection, which was introduced in 2021. This is designed to recognise a company whose qualities might otherwise not be captured by our metrics.
This year, that choice is Clairville York, which only just missed out on entering the Top 100 this year and is a new entrant into the 150 or so firms that make up the long list.
Simoney Kyriakou is editor of FTAdviser
1. Johnston Carmichael Wealth 2. Mazars Financial Planning 3. Punter Southall 4. Partners Wealth Management 5. Marsh McLennan (Inc. Mercer) 6. Corbel Partners Limited 7. Premier Wealth Planning 8. The Penny Group Limited 9. Beckett Investment Management 10. Pharon Independent Financial Advisers 11. Murdoch Asset Management 12. Smith & Pinching Financial Services 13. Schofield Money 14. Strategic Solutions Financial Services 15. Argyle Consulting 16. Westminster Wealth Management 17. Wills & Trusts Independent Financial Planning 18. Skerritt Consultants 19. Cullen Wealth 20. Acumen Financial Planning
A & J Wealth Management Advanta Wealth Advies Private Clients Alan Boswell Alexander Grace Altor Wealth Management Amber River Antrams Financial Services Aspira Corporate Solutions Atomos (Sanlam Financial Services) Balmoral Asset Management Best Practice IFA Carrington Investment Consultants Charles Stanley & Co Chase de Vere Chetwood Wealth Management Clarity Clark Gillone Close Brothers David Williams IFA Douglas Steers & Co Ellis Bates Emery Little Equilibrium Financial Planning Evelyn Partners
Fairstone Financial Advice & Services Foster Denovo Gale & Phillipson Gracechurch Wealth Management HFMC Wealth Hilltop Financial Planning Hoyl HSBC Bank InPartnership Investment Quorum IP Wealth Management LGT Wealth Management UK Lloyds Banking Lomond Financial Management Lonsdale Services Lyncombe Consultants Martin Aitken Financial Services Mattioli Woods Moore & Smalley Mutual Financial Management MWS Financial Advisers
Openwork Origen Pannells Financial Planning Paradigm Norton Financial Planning Pen-Life Associates Penguin Wealth Planners Perspective PI Financial Prism Financial Advice Profile Financial Solutions Progeny Wealth Prosperity Wealth Quilter Reeves Independent Sandringham Financial Partners Schroders Personal Wealth Scrutton Bland Financial Services Sense Network St James's Place Wealth Management plc Tavistock Taylored Advice The Fry Group The Private Office Thomson Tyndall Timothy James & Partners Tom French & Associates Truly Independent Unbiased Financial Unique Financial Planning Validpath Vintage Wealth Management Wade Financial Services Wren Sterling Financial Planning
The list is produced using Financial Clarity data from ISS Market Intelligence and looks at a variety of factors, including gross inflows through the year, client retention, the number of chartered or certified financial planners and length of service.
Financial Clarity receives data directly from fund managers and investment platforms. Their AUM coverage exceeds the Investment Association’s total retail assets under management.
The top 25 fund managers in the IA account for 83 per cent per cent of retail assets under management and Financial Clarity receives sales and AUM data from 19 of these investment houses, including 17 of the top 20.
Submissions from these fund managers are supplemented by fund managers outside of the IA. Fourteen platforms submit data to Financial Clarity, 13 of which at intermediary and product level.
The displayed figures have been rounded to two significant figures and include assets invested in retail advisory investments and pensions
The list is created by first selecting the 150 largest firms by gross sales in the previous 12 months, July 2021–June 2022 for the 2022 list. Individual firms affiliated with a wider group are included within the figures for the group, and appointed representatives are included within the figures for their principal, regardless of whether they could appear individually.
This year, firms with gross sales of more than £175mn were eligible for inclusion compared with £150mn in 2021, £115mn in 2020 and £125mn in 2019.
Each firm is then scored on six different factors, the sum of which produce the ranking:
1. AUM Score – 110 per cent of the natural logarithm of June 2022 AUM. 2. Net % Score – Last 12 months (July 2021 to June 2022) Net-Sales percentage of June 2021 AUM, broken down into quintiles awarding points as follows: 1, 5, 9, 12 & 14 points for each quintile, respectively. 3. Years Score – 1/8 point for each year in service up to a maximum of 10 points. This year, the average years in service for the Top-100 firms is 37 years. 4. Retention Score – Pence outflows per each £1 inflows – the lower the better. Broken down to quintiles awarding points as follows: 4, 3, 2, 1 & 0 points for each quintile, respectively. 5 . Estimated Performance Score – Based on AUM growth over the period once net-sales are taken away. Broken down to quintiles awarding points as follows: 0, 0.5, 1, 1.5 & 2 for each quintile, respectively. 6. CII or CISI Chartered/Accredited – Firms that are chartered or accredited by CISI or CII received points based on the percentage of the AUM held by chartered or accredited firms. This factor awards a maximum of 10 points.
The average weight for each of the above factors in this year’s Top-100 firms:
Assets held accounted for an average of 50.7 per cent of each adviser’s score (49 per cent last year).
Net-flow accounted for an average of 23.5 per cent of each adviser’s score (26 per cent last year).
Years of service accounted for an average of 8.2 per cent of each adviser’s score (9 per cent last year).
Retention accounted for an average of 5.9 per cent of each adviser’s score (5 per cent last year).
Estimated performance accounted for an average of 2.6 per cent of each adviser’s score (2 per cent last year).
CISI or CII Chartered/Accredited accounted for an average of 9.1 per cent of each adviser’s score (9 per cent last year).
The displayed figures have been rounded to two significant figures and include assets invested in retail advisory investments and pensions, reported to Financial Clarity by its partners. Other assets, such as those invested in discretionary funds or model portfolios, were included when submitted.
The analysis looked at firms that were chartered or accredited financial planners as a mark of their professionalism and commitment to their clients. In the case of groups where some members were chartered or accredited and others were not, points were awarded based on the percentage of the AUM held by chartered or accredited firms.
About ISS Market Intelligence
ISS Market Intelligence provides data, analytics, insights, media and events solutions to the global financial services industry. ISS MI empowers global asset and wealth management firms, insurance companies, distributors, service providers and technology firms by providing market engagement platforms and the intelligence necessary to fully assess their target markets, identify and analyse the best opportunities within those markets, and execute initiatives to grow their business.
Within EMEA, ISS MI data and analytics solutions include intelligence from Financial Clarity, FWW, Mortgage Clarity, and Simfund.
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A financial plan offers you freedom, security, legacy and a foundation on which to build the future you want. That’s why you need a team who not only understands your ambitions but can be trusted with them too.
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These are the UK's 10 financial advisers to watch in 2020
- The coronavirus pandemic has spooked investors.
- A financial adviser can help in decision-making and sticking to a financial plan.
- Business Insider has highlighted the UK's top financial advisers to watch in 2020.
The coronavirus pandemic has interrupted stock markets and made many investors wary about the best way to manage their money during these tough times.
A financial adviser can help define a strategy and ensure you keep to it, but it can be hard to choose one.
The latest data from the Financial Conduct Authority, the UK regulator for financial services, indicates only one in 10 adults seek financial advice when making investment decisions.
The recent market volatility may push more toward professional advice, leaving many to question how to choose the right person.
Business Insider has sifted through financial-adviser trade awards and review websites to highlight the most praised and promising people and brands to manage your money — and they are all open for business despite the coronavirus lockdown.
Gemma Siddle, Eldon Financial Planning
Siddle had planned to become a lawyer but joined Eldon more than a decade ago instead.
She has built a bustling award cabinet since, with trophies from the Personal Finance Society for paraplanner of the year in 2012 and chartered financial planner of the year for 2019. She was also included in New Model Adviser's top 35 next-generation advisers each year from 2016 to 2019.
"We have provided a remote service for several years and were able to adapt to remote working without any interruption to our service," Siddle said.
Angela Marson, Fairstone
Fairstone is one of the highest-rated UK financial advisers on the reviews website Trustpilot, with a score of 4.9 out of 5 from more than 3,000 reviews that praised its service and knowledge.
It is one of the UK's largest chartered-financial-planning firms, with 600 advisers and staff members spread across 48 UK locations.
"Clients have been happy to embrace the new approach to virtual meetings," Marson, a chartered financial planner at Fairstone, said.
"My time is actually spent more effectively with clients, removing the time taken to travel to meetings, which has helped me as an adviser, to assist more clients."
Kyle Nethercott, Hazlewoods
You don't need to be a big brand to make a big impression. The Gloucester-based adviser Hazlewoods Financial Planning came 13th in the trade title FTAdviser's top 100 financial advisers for 2019 — a list dominated by large firms.
The awards assess how qualified staff members are, their experience in different economic environments, as well as the value of investments that came in and out of the business over the year.
It may have a small team of four advisers, but Hazlewoods still advises clients across the UK, and its management, including the financial-planning partner Nethercott, has decades of experience.
"Our clients know they can contact us if needed, and we are conducting many meetings via telephone instead of the usual face-to-face," Nethercott said.
Pete Matthew, Jacksons Wealth Management
Matthew is the managing director of Jacksons Wealth Management. He launched one of the first personal-finance-focused podcasts in the UK and has a strong social media and web presence with his Meaningful Money financial-education brand.
"I've been using Zoom video to talk to clients around the country for years now," Matthew said.
"I've never met most of my clients in person, so that hasn't been an adjustment."
Andy Hart, Maven Adviser
Hart is the founder of Maven Adviser and is a respected financial-planning podcaster. He has also launched Humans Under Management, a series of events focusing on the behavioral-finance aspects of investing rather than just products and performance.
"I've been remote-ready for close to a decade," he said.
"Lockdown has caused a lot of disruption with the companies I use, but we're still taking on clients and servicing our existing clients."
Barry Horner, Paradigm Norton
Paradigm Norton, with offices in London, Torquay, and Bristol, is a serial industry-award winner, picking up regular accolades from trade titles such as Money Marketing and New Model Adviser that praise the way it works with clients.
It is a Certified B Corporation, which means it must maintain certain social and environmental performance targets and balance profit and purpose. It also has its own impact-investing arm.
"The week before lockdown the entire team of some 70 professionals were all successfully home working, and, other than the ability to schedule 'face to face' meetings, we were fully operational," Horner, its chief executive, said.
"We have emailed our clients with regular and helpful updates, which has been hugely appreciated."
Darren Sharkey, Quilter Financial Planning
The nationally focused adviser Quilter Financial Planning came on top of FTAdviser's top 100 financial advisers for 2019.
Its ranking suggests you get access to well-qualified, experienced support among its thousands of advisers.
The team is led by Sharkey, who has worked within Quilter for more than 20 years.
"Now more than ever, clients need to be able to contact their adviser and be reassured that their finances are in safe hands," Sharkey said.
"Our advisers have tools and resources to offer advice remotely."
Darren Cooke, Red Circle Financial Planning
Cooke was one of the first to call for a ban on pensions cold calling to stop people from getting scammed.
He started his own campaign in 2016, and the government went on to introduce a ban in January 2019. This indicates he is someone who cares for his client's well-being.
"Clients are still receiving the same high-level service they did before," Cooke said.
"The main part that has really changed has been replacing meetings with video calls, but so far that has worked really well."
Tim Sargisson, Sandringham Financial Partners
Sandringham Financial Partners was the top-rated firm on the adviser search engine VouchedFor in 2019 based on the number and level of reviews it received. Out of 1,974 clients, the national advice firm received 1,828 five-star ratings, 136 four-stars, and 10 three-star reviews.
"Clients value you for your ability to provide reassurance and help deliver their goals," its CEO, Tim Sargisson, said.
"The other critical part is how you deliver your service and our tools help advisers deal with clients remotely."
Lisa Johnstone, VWM Wealth
Johnstone's team picked up the trophy for chartered firm of the year at the Personal Finance Society's 2019 awards, which cited the way it engaged with charities, sought feedback from clients, and developed new financial advisers. It also offers its own range of ethical portfolios.
"Our main method of contact is telephone and also Zoom for meetings, in line with our family office approach," Johnstone said.
"Our newsletters are forward looking, whilst reinforcing some key messages and our outlook.
"Being close to the families we work with means that current market events are expected, not predicted, but they are a normal part of the financial-planning journey."
Top Financial Services consulting firms in the UK
What are the top consulting firms in the UK for Financial Services services? The top Financial Services consulting firms in the UK list presents the country’s most trusted, expert and influential consultancy firms in the market.
The capabilities of consulting firms is based on the views of executives and consultants active in Financial Services, as well as on assessments of capabilities, company reputation, track record in Financial Services, analyst benchmarks, industry recognitions, thought leadership and more (see the methodology for details).
UK’s top consulting firms in the Financial Services industry:
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Finitor Wealth are a National Financial Planning and Wealth Management group, with partner firms across the UK.
Founded by Richard Rhodes and Paul Stokes in 2018 and joined by Kevin Ronaldson as a Non-Executive Chairman, we believe our approach is different. We seek to partner with high quality financial planning firms that are able to maintain a high degree of autonomy to continue driving their business forward, with the support and expertise of a larger group.
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Our journey so far...
Meet the finitor wealth team.
Our team brings a blend of disciplines and experience from a range of organisations in Financial Services and other industries. We operate a small head office team but firmly believe in collaboration and work closely with our partner firms and their teams to share knowledge, best practice and expertise.
Chief executive officer.
Paul has over 23 years’ experience in Financial Services including 16 years at HSBC, both in Jersey and London. During his time at HSBC, Paul held senior roles including Head of Discretionary Investment Propositions and Board Director positions for a number of HSBC companies. In addition, he also lead key strategic projects within areas such as client advisory and product & proposition development – including the creation and launch of a multi-jurisdictional platform. Paul is a Chartered Wealth Manager and Chartered Fellow of the Chartered Institute for Securities & Investment.
Kevin is a leading figure in the financial services sector, with a career spanning over 40 years as CEO and Chairman of many Wealth Management organisations. Graduating from Oxford University in 1979, Kevin has an enviable record of building significant value from new opportunities in existing markets. He was the Founder and CEO of both Intrinsic Financial Services and IFA consolidator Bellpenny and in 2016 created the boutique management consultancy, Clarus Fortior, which advises entrepreneurs and business owners on strategies for developing and achieving business goals and objectives. In addition, Kevin also sat on the board of Zurich Financial Services in the UK.
Chief financial officer.
Richard began his career at Merrill Lynch with roles in Capital Markets, Corporate, Private Client and latterly the CFO of the International Private Client Bank. Prior to joining Finitor Wealth, Richard was the Finance Director for Succession, a Wealth Management consolidator where he was instrumental in raising private equity funding and successfully completing 10 acquisitions. Richard is a CIMA qualified accountant.
Head of Integration
Cat has extensive experience in leading operational and strategic change projects in the Financial Services and technology sectors and has played integral roles leading change portfolios in both organically grown and acquisition-based businesses. In addition, Cat has managed significant business and system integrations in the Financial Advice sector and excels at promoting collaboration between Group and partner firms, including the successful delivery of a 600-user back-office system change alongside a 10,000 client record data migration.
Head of brand & marketing.
Claire has over 20 years strategic and tactical marketing experience in both Financial Services and creative agencies and has held senior positions within HSBC Global Asset Management, Legg Mason, Source (ETFs) and Invesco. Claire has the in-depth understanding to successfully lead and deliver marketing projects and campaigns which enhance brand value, marketing effectiveness and generate incremental revenue. Claire holds a Marketing and Management degree, is a Member of the Chartered Institute of Marketing (CIM) and is a marketing and business mentor, both for the CIM, business owners and marketing professionals. She is also a consultant for a national not for profit organisation.
10 Best Wealth Management Firms & Financial Advisers in London, UK | 2022-2023 Ranking
Ranking the Top London Financial Advisers in 2022-2023
London is an internationally renowned city as well as the largest city in the UK. It’s also a leading investment centre, boasting one of the world’s largest financial hubs and more ultra-high-net-worth individuals than any other city.
A benefit of having a concentration of financial expertise is that London is also home to some of the world’s top financial advisors.
You don’t have to be a millionaire to benefit from expert financial management from one of the best financial planning firms in London. Advisors can assist individuals and businesses at all asset levels with sound advice and strategies to reach their goals.
However, trying to find the right financial adviser in London that will be a good fit for your financial situation and future objectives can take some time. You want to ensure their firm has expertise with your distinct needs.
The following ranking and review of the top 10 best wealth management companies in London gives you an excellent place to begin your search. AdvisoryHQ has reviewed the best of the best when it comes to financial guidance and investment management in London and provides you with highlights for each firm.
You’ll also find some tips coming up that will help you hone your search for a good wealth management firm in London so you can narrow down your choices and find the firm that is a perfect match for your financial management needs.
Award Emblem: Top 10 Best Financial Advisors in London
Top 10 Best London Financial Advisers | Brief Comparison & Ranking
Table: Top 10 Best London Financial Advisors | Above list is sorted by rating
How to Select the Best Financial Adviser in London, UK
There are a lot of good options when it comes to choosing among wealth management London firms but how do you choose who to work with? How do you narrow down your choices with so many wealth management companies in London?
Here are several questions you can ask as you’re reading the summaries for each of these best London financial planners that will help you zero in on the firm that’s going to be the best match for your financial style and situation.
What Type 0f Customers Do Wealth Management London Firms Work With?
One of the initial differentiators you can use with London financial advisers is to consider the types of customers they work with and see if you fit into those groups.
For example, some financial planners in London will work with only high-net-worth individuals, others work with all wealth levels. Some will also have a specialty in working with non-profits and institutions.
Top-Rated London Financial Advisors 2022-2023
Which Solutions Does This London Financial Advisor Specialise In?
If retirement is a main financial concern of yours, then you’ll want to make sure the London financial advisor you choose displays retirement planning prominently on its website as a specialty.
Likewise, if you have generational wealth with more complex expertise needed, look for financial planners in London that advertise family office services. Match their solutions to your most concerning financial needs.
How Many Wealth Management Services in London Do Firms Offer?
While reviewing the top-rated London wealth management firms, you’ll run across some varying services offered. Some will offer tax and accounting services along with investment management. Others will offer expat financial services for those that split their time between countries.
You’ll want to ensure any financial advisory London firm that you’re considering working with can support you with all the services you’re going to require on your financial journey.
If you’re looking for the best wealth management firms in the UK, make sure to check out our 2022-2023 Ranking of the Top Wealth Management Firms in the UK .
2022-2023 AdvisoryHQ’s Selection Methodology
What methodology does AdvisoryHQ use in selecting and finalizing the credit cards, financial products, firms, services, and products that are ranked on its various top-rated lists?
Please click here “ AdvisoryHQ’s Ranking Methodologies ” for a detailed review of AdvisoryHQ’s selection methodologies for ranking top-rated credit cards, financial accounts, firms, products, and services.
Detailed Review of the Best London, UK Wealth Management Firms
Below, please find a detailed review of 2022-2023 top financial advisors in London. We have highlighted some of the factors that allowed each best wealth management London firm to score so highly in our selection ranking.
Click on any of the names below to go directly to the review section for that London advisory and wealth management firm.
- AFH Wealth Management
- Attivo Financial Planning
- Burlington Associates Limited
- Devonshire Wealth Management
- Foster Denovo
- Holden & Partners
- Serenity Financial Planning
- Strabens Hall
- The Private Office (TPO)
Westminster Wealth Management
Click below for previous years’ rankings:
- 2019 Review: Top 1o Best Wealth Management Firms & Financial Advisers in London, UK
- 2018 Review: 9 Best Wealth Management Firms & Financial Advisers in London, UK
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AFH Wealth Management Review
Taking an inclusive and holistic approach to wealth management, AFH Wealth Management is one of the top wealth management firms in London that has over 200 independent financial advisors (IFAs) in 13 offices throughout the country.
With over 30 years of experience, this wealth management company in London is committed to using its position as one of the largest wealth management firms in the UK to provide the best possible service to its clients.
Key Factors That Enabled AFH Wealth Management to Rank as One of the Top Wealth Management Companies London, UK
Broad Range of Wealth Management Services
If you’re looking for a financial planner in London that can handle multiple financial planning services, then AFH Wealth Management will be a good option for you.
This financial planner in London offers multiple financial services and provides them all in an unbiased and unrestricted fashion, based on in-depth research and years of experience.
Services that you’ll find at this top-rated wealth management firm in London include:
- Financial Planning
- Investment Management
- Retirement Planning
- Inheritance Tax
- Protection Planning
- Tax Planning
- Mortgage Planning
Inheritance Tax Planning Guide
One of the specialties of AFH is in helping clients with inheritance tax planning so they’re not suffering an unnecessary tax burden. This financial adviser in London offers a free guide that helps educate people on the best ways to handle passing on money after death.
As one of the top wealth management firms in London, AFH offers the following detailed advice in its Inheritance Tax Planning guide:
- Explanation of what inheritance tax is and how it impacts an estate
- Taking advantage of the transferable nil-rate band
- Practical examples of estate planning in action
- How to set up a will to ensure it benefits those you care about
The experts at AFH also offer detailed information on their website on how inheritance tax is calculated and an explanation of both the nil-rate threshold and residence nil-rate threshold.
Best Wealth Management Firms London, UK
AFH Wealth Management takes a comprehensive approach to the financial advisory process, which begins with a no-obligation, no-cost initial meeting. Their straightforward process makes them an excellent London financial advisor for those new to investing.
With a broad array of services, a large footprint that covers areas across the UK, and a dedication to giving unbiased advice, AFH Wealth Management scores 5-stars as one of the top wealth management firms in London to consider partnering with in 2022-2023.
See Also: Top Financial Advisers (IFAs) in Manchester and Cheshire, United Kingdom
With a corporate structure and specialist skillset, Attivo is a top-rated Chartered financial planner and Pension Transfer Specialist with offices in Cheltenham, London, Cardiff, Darlington, Leeds, Liverpool, Sutton, and Havant.
Attivo does not note specifically whether it is a fee-only or fee-based financial advisory in London. As always, we recommend verifying the compensation structure before partnering with any wealth management companies in London.
Key Factors That Enabled Attivo Financial Planning to Rank as One of the Best Financial Advisors in London
Wide Range of Financial Services
The more services a client can obtain from the same top wealth management London firm, the more convenient it is for them and the better integrated all facets of their financial life will be.
As a top-rated financial advisor in London, Attivo works to provide clients with a wide array of financial planning services that can meet both short-term and long-term financial needs and goals.
Attivo’s services include:
- Independent Financial Planning
- Cash Flow Modelling
- Occupational Pension Specialist
- Estate Planning
- Corporate Services
The London financial advisers at Attivo are financial specialists with a strong commitment to delivering clear independent financial advice.
Top Wealth Management Firms London
Commitment to Independence
Part of what makes Attivo one of the top wealth management companies in London is its dedicated commitment to remaining independent and not under the influence of larger financial institutions.
As an independent firm, these London financial advisers are not under pressure to promote any specific financial products over others, meaning that its clients receive truly unbiased financial guidance and advice.
For Attivo, this independence is what truly allows each of its London financial advisors to offer the best possible recommendations—and one of the primary reasons why clients choose to partner with this best financial advisor in London.
As one of the top wealth management firms in London, Attivo strives to create long-term relationships with its clients, working in partnership with clients to foster confidence and control of their financial future and help them achieve their unique financial goals.
With a wide array of financial services to offer and a focus on continuing education and financial leadership, Attivo scores 5-stars as one of the best financial advisors in London to consider partnering with in 2022-2023.
Burlington Associates Limited Review
Providing “whole of the market” recommendations for nearly two decades, Burlington Associates Limited is a top-rated independent financial advisor in London. Founded in 2003, Burlington offers holistic financial and wealth management services in London that are designed to provide unique financial solutions.
This fee-based wealth management London firm offers flexible financial planning services to meet every client’s needs and goals.
Key Factors That Enabled Burlington Associates Limited to Rank as One of the Top Wealth Management Companies London
Comprehensive Financial Planning
Individuals searching for an independent financial advisor in London will significantly benefit from Burlington Associate’s holistic financial planning approach, covering the broad spectrum of a client’s financial well-being.
- Analyzing your current financial position
- Preparing for retirement
- Protection for death, disability, and long-term illness
- Education fees
- Inheritance tax
- General tax mitigation considerations
As one of the top wealth management firms in London, Burlington also offers corporate advice and mortgage assistance, offering clients a wide variety of wealth management services in London to choose from.
2022-2023 Ranking of Top Wealth Manager in London
Experienced Financial Advisory London Team
Clients of Burlington can rest assured that they’ll be working with an experienced and well-credentialed team when they partner up with this financial advisor
Staff and advisers serving clients at Burlington Associates have relevant industry experience ranging between ten to thirty years. The staff brings an array of professional backgrounds and industry certifications to the table, including:
- Chartered Insurance Institute G60 Pension qualification
- Fellow of the Chartered Insurance Institute
- Chartered Financial Planner
- Mortgage Advice Qualification
- Financial Planning Certificate
As a leading financial planner in London, the company offers clients not only dedicated advisers but also alternate contacts within the firm so that their needs are always addressed in a timely manner.
Burlington Associates Limited offers clients an approach that integrates several areas of their financial life for a stronger overall strategy. This financial planner in London only recommends products that are backed by intensive research and offered in a transparent and comprehensive way.
As one of the best financial planning firms in London, Burlington provides comprehensive yet clear and transparent financial services to its clients.
Thus, we have scored the firm with a 5-star rating on our 2022-2023 ranking of top financial planning firms in London, UK.
Don’t Miss: Top Financial Advisors in Montréal & Ottawa, Québec, Canada
Devonshire Wealth Management Review
Dedicated to helping clients realise their hopes and aspirations, Devonshire Wealth Management is a boutique financial planner in London that believes that personal relationships matter, thus advisors take time to really get to know each and every client.
Devonshire doesn’t specify whether it is a fee-based or fee-only London financial advisor. As always, we recommend verifying the fee structure before partnering with any financial advisor in London.
Key Factors That Enabled Devonshire Wealth Management to Rank as One of the Top Financial Planners in London
Bespoke or Transactional Services
Based on an individual client’s needs, Devonshire Wealth Management offers a variety of bespoke and transactional wealth management services in London.
Bespoke services offered by DWM include:
- Access to a dedicated account team
- Access to associated legal and accounting practices
- Valuation reports every quarter or every six months
- Cash flow modelling of future income and capital positions
- Regular and unlimited contact with your account team and adviser
- Investment review meetings
- Tax and estate planning
- Retirement planning
Transactional services include:
- Mortgage advice
- Release of equity from your home
- Commercial finance
- Bridging loans
- Life assurance protection
- Annuity purchases
- Health insurance
While the former model works for clients that are seeking a comprehensive wealth management and financial planning relationship with London financial advisers, the latter approach is often matched to the needs of clients who need advice on specific aspects of their financial lives.
Best Boutique Wealth Management Firms in London, UK
Assessing Investment Risk Tolerance
For new and experienced investors alike, assessing risk is a vital part of the portfolio management process to ensure your investments are selected appropriately.
As one of the top wealth management firms in London, Devonshire recognizes the importance of risk and takes a straightforward approach to ensure that risk preferences are matched to each client. This process includes:
- The suitability of different tax wrappers
- The use of different asset types
- Diversification across countries, currencies, industries, stocks, and commodities
- An independent fund selection process
- Consistent re-balancing
For clients looking for a boutique approach that emphasises personal relationships, Devonshire is an excellent example of how one of the best boutique wealth management firms in London should operate. Coupled with its client-centric style is a focus on state-of-the-art technology that offers flexibility for clients to keep up with all aspects of their financial plans.
Devonshire excels at offering clients a strong value proposition and a diverse range of services making it one of the top boutique wealth management firms in London to partner with.
For those reasons, we have awarded Devonshire Wealth Management a 5-star rating on our 2022-2023 ranking of the best London financial advisers.
Foster Denovo Review
Foster Denovo is a top financial advisor in London that serves individuals and their families, businesses, and charities. Founded in 2005, the firm works to make the financial management process as comprehensive and rewarding as possible for its clients.
This financial advisor in the UK provides bespoke financial advice to individuals and their families, charities, and employers. As always, we recommend verifying the compensation structure before partnering with a financial advisor in London.
Key Factors That Enabled Foster Denovo to Rank as a Top Wealth Management Firm in London
Tailored Wealth Management Services London
As one of the top London wealth management firms, Foster Denovo is well-equipped to handle a wide range of financial challenges through tailored financial planning services. This gives the client peace of mind that no matter what comes up, their Foster Denovo wealth advisor in London can handle it.
The services offered by Foster Denovo include:
- Financial planning with cash flow modelling
- Preserving established wealth through trusts and inheritance planning
- Optimising tax allowances
- Pension advice and retirement planning
- At-retirement advice and assistance with pensions
- Independent mortgage support and advice
- Protection for clients and their families against unforeseen circumstances
- Comprehensive personal insurance
With a range of comprehensive services, the London financial advisers at Foster Denovo can work alongside clients to help them achieve both long-term and short-term goals.
2022-2023 Top Wealth Management Firms London
Large, Talented Team
For many clients, finding the best financial advisor in London means finding a firm with an accredited, talented team. Industry accreditations demonstrate a commitment to excellence, but they also show that an advisor is staying apprised of best industry practices.
The team of London financial advisers at Foster Denovo brings a broad range of professional experiences and certifications, including:
- Diploma for Financial Advisers (DipFA)
- Advanced Financial Planning Certificate in Savings
- Diploma in Regulated Financial Planning
- Advanced Diploma with the Chartered Insurance Institute (CII)
- Certified Financial Planner
Foster Denovo has garnered several financial industry awards over the years and when asked how easy the firm is to do business with, 80% of its clients say working with these wealth managers in London is “effortless”.
With detailed biographies of Foster Denovo’s advisors, and nine offices throughout the UK serving clients with expert financial advice, Foster Denevo earns 5-stars as one of the best wealth management companies in London to consider working with in 2022-2023.
Related: Best Independent Financial Advisers in the UK (Top IFAs)
Holden & Partners Review
One of the choice firms to achieve Chartered status, Holden & Partners is a top-rated wealth management company in London dedicated to delivering first-class service to its clients while also building enduring partnerships.
Holden & Partners is a fee-based wealth management company in London. These wealth managers in London typically receive commissions on protection and annuities products, but this can be switched to a fixed fee if preferred.
Key Factors That Enabled Holden & Partners to Rank as a Top Wealth Management Firm in London
Wide Range of Financial Planning Services
As one of the top-rated financial planning firms in London, Holden & Partners offers clients an impressive range of bespoke, comprehensive financial services.
Holden & Partners financial services include:
- Pensions and Retirement
- School Fees Planning
- Lifetime Cashflow Analysis
- Protecting What Matters
- Long Term Care
- Divorce and Separation
- Equity Release
- Company Benefits
Financial goals and life situations are subject to fluctuate over time, and this wide range of services makes Holden & Partners a wealth advisor in London that clients can count on in the long term to have the ability to meet any number of financial needs throughout life.
Additionally, working with a wealth management firm in London that can handle multiple areas of financial management, means you’ll have a more integrated approach where all life areas are working together towards the same financial goals.
Ethical, Sustainable, and Thematic Investments
Holden & Partners is one of the top investment management firms in London that takes a unique approach to investments specialising in EST (Ethical, Sustainable, and Thematic) investment options. This gives investors the opportunity to align their portfolios with their personal values, while still promoting long-term growth.
These wealth managers in London take a research-driven approach to locate companies that are both profitable and are also making valuable contributions to society and the environment.
Uniquely, this dedication to ethical and environmental responsibility does not stop with EST investments. Holden & Partners has an Environmental Policy that includes external company promotions, professional memberships, sustainable practices, and more.
2022-2023 Ranking of Best Investment Management Firms in London
If you’re looking for a more personal, one-on-one approach from your financial advisor in London, UK, you’ll appreciate that Holden & Partners purposely maintains a smaller footprint and limits the number of clients each advisor works with. This allows its advisors to really get to know you and better serve your needs.
With a specialty in ethical investments, a personable, experienced, and talented team, and a custom-tailored approach, Holden & Partners scores 5-stars as one of the top investment management companies in London to consider partnering with in 2022-2023.
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Serenity Financial Planning Review
Taking an approach that emphasises financial life planning, Serenity Financial Planning is a top-rated independent financial advisor in London. Founded in 2006, Serenity has a registered office in Barnet, Herts, and services clients “from all four corners of the UK.”
Serenity does not specifically state on its website whether it works with a fee-only or fee-based structure. We always advise readers to confirm the compensation structure before starting a working relationship with any London wealth management firms.
Key Factors That Enabled Serenity Financial to Rank as One of the Best Wealth Management Firms in London
Structured Financial Life Planning Processes
As one of the best wealth management London based firms, Serenity Financial follows a comprehensive process to address unique client financial planning needs.
This wealth management London based company will make sure that your financial journey follows a carefully crafted route designed to give vision to your finances and clarity to your dreams.
The journey is divided into two major stages:
During the Creation stage, this team of London financial advisers will spend some time getting to know you and work you through:
- Income & Expenditure
- Financial Forecasting
- Suitable Tax Strategies
- Assets & Liabilities
- Risk Profiling
- Strategy Recommendation
This financial advisor in London UK provides the following ongoing support activities:
- A dedicated financial life planner
- An annual review with your wealth advisor London
- Regular access to your advisor
- Detailed progress report and action plan
- Ongoing wealth management advice
- Online access to your information
- Access to educational seminars, workshops, and networking events
Best Wealth Management London Firms
Unlike many wealth managers in London, Serenity Financial takes a hands-on approach, not just giving you a financial plan, but putting time into ongoing financial coaching and ongoing reporting to ensure you have all the support you need for a successful financial future.
With an emphasis on custom financial planning and a talented and attentive team, Serenity Financial solidifies a 5-star rating on our 2022-2023 ranking of top London financial advisers.
Popular Article: Top Financial Advisers in Leeds, UK
Strabens Hall Review
Helping individuals, companies, and families enhance and secure their wealth, Strabens Hall is an independent financial planner in London, UK, and Nice, France. This best financial advisor in London specialises in private wealth management, investment advice, financial planning, and wealth structuring.
Founded in 2007, the firm is a fee-based London wealth management firm that works with clients both on an “as needed” basis and through ongoing, long-term financial advisory relationships.
Key Factors That Enabled Strabens Hall to Rank as a Top Financial Advisor in London
Strategic Financial Planning London
To be successful over the long term, financial planning should be both comprehensive and tailored, fitting each client’s needs as they change over time.
As a top-rated independent financial adviser in London, Strabens Hall starts each financial planning relationship by getting to know each client’s unique circumstances, tailoring its services accordingly to address financial challenges such as:
- Tax-Efficient Planning
- Multi-Jurisdictional Planning
- Pension Planning
- Inheritance Tax Planning
- Life Insurance and Ill-Health Protection
- Cash-Flow Modelling
- Liquidity Management
- Trusts and Foundations
2022-2023 Best London Wealth Management Firms
International Financial Planning
For clients that must navigate global and UK tax systems, partnering with experienced London financial advisers like Strabens Hall can help remove the confusion and complexity of creating efficient planning solutions across a range of jurisdictions.
As a global firm, Strabens Hall stands out among other top financial advisors in London because it has the ability to assist clients with the following international financial planning challenges:
- Multi-Currency Investment Advice
- Resident Non-Domiciled Tax Environment
- Offshore Pension Planning
- Holding Structures for UK Property
Strabens Hall offers clients both flexibility and expertise when it comes to a wide variety of financial needs. This financial advisor in London, UK uses sophisticated cash flow modelling software that informs clients of potential financial outcomes so they can make insightful decisions.
With global expertise, a focus on integrated financial planning, and a client-focused approach, Strabens Hall earns 5-stars as one of the best financial advisors in London for individuals or businesses to consider partnering with in 2022-2023.
The Private Office (TPO) Review
Founded in 2008, The Private Office (TPO) is an award-winning chartered independent wealth management London firm that provides personal and tailored wealth management services.
This wealth management company in London is of any third-party influence thus providing truly independent and unbiased advice to its clients across the UK.
Key Factors That Enabled The Private Office to Rank as a Top London Wealth Management Firm
Tailored Financial Planning Approach
The Private Office offers bespoke personalized advice to individuals, families, and business owners that are looking to grow and preserve their wealth.
TPO’s financial services are rooted in 6 core approaches:
- To stay independent from any bias
- To provide tailored advice
- To work with transparent fixed fees
- To work as a chartered firm – the highest standard in the industry
- To provide professional cash management
- To deliver professional services to every client
These wealth managers in London use a process that’s built on integrity, confidence, and partnership which should be the ultimate goal of all the best wealth management firms in London.
Best Financial Planning Firms London
Wide Range of Wealth Management Services London
If you’re looking for a financial planner in London that can cater to all your needs regardless of what stage of your financial journey you’re at, you’ll be happy to hear that TPO will be able to meet you there.
These services include:
- Personal financial planning
- Structural financial planning
- Investment portfolio management
- UK & specialist pension planning
- Tax, estate, and inheritance tax (IHT) planning
- Legacy and succession planning
- Long-term care planning
- Expert / professional witness cases
- Clinical negligence / catastrophic personal injury planning
- Corporate financial planning
- Entrepreneurial planning
- Media, music, & entertainment solutions
- Alternative and esoteric investment advice
- Charity investment management
The Private Office is an excellent option for individuals, families, and busy business owners. This best financial advisor in London offers an extensive range of solutions that are rooted in integrity, confidence, and partnership.
With a dedication to customised financial solutions and a very diverse and talented team, TPO earns 5-stars as one of the best wealth management London firms to consider partnering with in 2022-2023.
Founded in 2000, Westminster Wealth Management is one of the best private wealth management firms in London that provides a wide range of financial services to a diverse clientele.
Apart from being one of the best wealth management companies in London, Westminster Wealth Management is also one of the largest independent, chartered firms in the UK that’s committed to retaining its independent status.
As an Independent Financial Advisory firm, Westminster Wealth Management prides itself on having some of the best financial advisors in London and the UK.
Key Factors That Enabled Westminster Wealth Management to Rank as One of the Best Wealth Management Firms London
Westminster Wealth Management Services
With experts in every field, this financial adviser in London is well-positioned to cater to just about any and every financial need that any individual, family, charity, or company may need.
These services are:
- Tax Efficient Investing
- Cashflow Forecasting
- Mortgages and Lending
- Financial Protection Insurance
- Corporate services
- Estate & IHT
2022-2023 Best Financial Advisory Firms London
Corporate Chartered Status
In 2015, this wealth management firm in London was awarded Corporate Chartered status by the Chartered Insurance Institute (CII). As explained on Westminster’s website, “ Corporate Chartered status is an exclusive standard only awarded to firms which meet strict criteria relating to professionalism and capability.”
On top of that, this independent financial advisor in London prides itself on over 25 years of experience in providing its services in the UK while gathering a team of true experts who have over the years specialised in many fields.
By always striving to provide top-notch service and customer care, Westminster Wealth Management secured its spot on two of our biannual rankings: 2022-2023 Ranking of Top Wealth Management Firms in the UK and 2022-2023 Ranking of Best Financial Planning Firms in London.
These wealth managers in London always strive to provide extraordinary products and services that are clear and easy to understand thus securing Westminster Wealth Management a 5-star rating as one of the best financial planning firms in London to partner with in 2022-2023.
Read More: Top Financial Advisors in Kansas City, Leawood, and North Kansas City
Conclusion – 2022-2023 Best Wealth Management Firms & Financial Advisors in London
These top-ranked financial advisory firms in London share a few common qualities, such as a commitment to transparency, custom-tailored solutions, and a wide range of service offerings.
On top of that, these financial advisory London firms also offer areas of distinction, such as specialties in international services, sustainable investing, and pension services. These areas can help you narrow your search for the best wealth management company in London that fits your distinct needs like a glove.
Many London financial advisers on our list offer complimentary introductory meetings to see if they’re a good fit for your needs and goals. This gives you an opportunity to gain more insight into the financial planning process as well as the firm itself.
Whichever advisor you ultimately choose, you can’t go wrong with one of the best London financial advisers that exemplify the best that the city has to offer when it comes to trusted, unbiased, financial advice. Good luck with your journey!
AdvisoryHQ (AHQ) Disclaimer:
Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.
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Three new UK financial planning firms achieve CISI Accredited Financial Planning Firm status
by Matt Williams | Jul 18, 2023
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Three new UK financial planning businesses have joined the CISI exclusive list of Accredited Financial Planning Firms (AFPF).
Staffordshire-based Oak Four , Santorini Financial Planning in Leicestershire and Empower Partners in London have all achieved AFPF status demonstrating professionalism by meeting the highest standards of excellence in financial planning.
This brings the total number of CISI, UK-wide Accredited Financial Planning Firms to 58.
Consumers can find the list of AFPFs in their area by accessing the CISI’s website Wayfinder .
Chris Morris, Chartered MCSI, CISI Head of Financial Planning Policy and Engagement, said:
“It’s a huge pleasure to welcome these three firms to the CISI AFPF community. Their clients can be reassured that these firms have reached the pinnacle of professionalism in achieving CISI AFPF accreditation. They are leaders in their profession, and helping clients achieve their life goals is at the heart of the AFPF service.”
Kevin Wood, CFP TM MCSI of Oak Four, said:
“We are thrilled to have become an Accredited Financial Planning Firm™, a prestigious designation awarded by the Chartered Institute for Securities & Investment (CISI). This recognition is a testament to our unwavering commitment to providing our clients with the highest financial planning advice and service.
“We would like to thank our clients for their trust and confidence in our team. We look forward to continuing to serve them with the same level of commitment, expertise, and excellence that has helped to earn us the Accredited Financial Planning Firm™ designation”.
Matthew Walne, CFP™ Chartered MCSI of Santorini, said:
“Achieving the CFP TM was the pinnacle of my personal career to date, achieving Accredited Financial Planning Firm status is now the pinnacle for my firm, Santorini Financial Planning Ltd to date. To be considered amongst the very best financial planning firms in the UK is a real honour. It’s great to be recognised for my firm’s commitment to providing a comprehensive financial planning proposition. Hopefully, as a result, our clients have increased confidence in my firm’s ability to help them achieve and maintain their lifestyle.”
Paul Jardine, Managing Partner of Empower Partners, said:
“We started Empower in 2021 as an innovative wealth management business with a mission to empower as many people as possible to make better financial decisions. We’re all immensely proud to have achieved the milestone of being recognised as a CISI Accredited Financial Planning Firm. Their recognition demonstrates our commitment to providing all our clients with a comprehensive financial planning service to help them achieve their financial goals.”
Those interested in applying to become a CISI Accredited Financial Planning Firm should contact [email protected]
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Find a Wealth Manager
Our top 5 financial planning firms
Although not all the institutions on the findaWEALTHMANAGER.com panel offer financial planning (around 40% prefer to focus purely on investment management) these services are vitally important to many clients. Indeed, many of our users mention wanting a “one-stop-shop” for all their financial affairs.
Here, we offer key information and client insights on a selection of some of the top financial planning firms in the UK today.
1. Smith & Williamson
Smith & Williamson is an independently-owned financial services group providing the full spectrum of investment management, accountancy, tax, corporate and financial advisory services to private clients, corporates and charities. The firm has 13 offices across the UK and is known for its expertise in serving client groups with distinct needs and perhaps financial planning complexities, such as entrepreneurs and professional footballers.
Smith & Williamson’s offering for private clients covers all areas of personal financial planning, and the firm has particular expertise in pre- and post-retirement issues, such as SIPP management, investment structuring, tax-efficient investing, IHT mitigation and overseas pensions.
Article: Meeting The Wealth Management Needs Of Entrepreneurs
What users of findaWEALTHMANAGER.com say about Smith & Williamson:
Users of findaWEALTHMANAGER.com tell us they particularly like the “one-stop-shop” element of Smith & Williamson’s offering – particularly entrepreneurs who may be approaching a significant liquidity event and so need advice across their entire financial affairs, both personal and corporate (the firm is also deeply involved in the entrepreneurial community in the UK and participates regular in thought leadership events for business-owners).
Clients also praise Smith & Williamson for the depth of its financial planning offering, which includes a specific service set up to help divorcing couples navigate the complexities around splitting pensions .
2. Charles Stanley
Charles Stanley is one of the oldest firms on the London Stock Exchange, having first appeared as an independent member in 1852. Its traditional heritage notwithstanding, the firm is known today for having made some very forward-thinking technology investments, including iPhone and Apple Watch apps enabling clients to monitor their investments on the move.
Following a recent restructure, Charles Stanley will operate under four distinct operating units: investment management, asset management, Charles Stanley Direct (its offering for self-directed investors) and financial planning. The firm has designed its financial planning service specifically for clients who, although they may not want ongoing wealth management services, still wish to have their financial affairs examined periodically in a holistic way – so that they can maximise opportunities to grow their wealth and invest in a tax-efficient manner.
What users of findaWEALTHMANAGER.com say about Charles Stanley:
In general, regional coverage is a real strength of Charles Stanley’s, since the firm boasts 24 offices across the UK. It is also praised for its technological capabilities, both for self-directed investors and private clients.
Charles Stanley is known for its decentralised investment approach, meaning that portfolio managers have greater freedom to personalise portfolios and this bespoke feel is also said to apply to the financial planning arm.
3. Cazenove Capital Management
Cazenove Capital Management is the wealth management business of Schroders in the UK, Channel Islands and Asia. The firm is the result of a 2013 merger between Schroders and Cazenove Capital, both of which have venerable histories: Schroders was founded in 1804 as a merchant bank and Cazenove in 1823 as a stockbroker.
Cazenove Capital Management has offices in London, Chester, Edinburgh, Oxford, Jersey and Guernsey. With a stated aim to provide a comprehensive wealth management offering, the firm offers personalised discretionary and advisory investment services to both onshore and offshore clients, as well as wider wealth management services such as wealth planning, cash administration, deposit-taking and lending.
Article: Combining The Strengths Of Two Venerable Institutions
What users of findaWEALTHMANAGER.com say about Cazenove Capital Management:
At Cazenove Capital Management in-house wealth planners are able to work closely with clients and portfolio managers to whatever degree is necessary.
Our users have praised the fact that wealth planners are involved right from the start of relationships and the emphasis placed on making sure that wealth is held in the optimum structure for the client’s profile and needs. Great attention is paid to the capital growth and income required by clients, their time horizon, tax circumstances and the location of their assets, as well as their wider financial affairs.
Seen as a highly-professional organisation, clients also praise the clarity of literature provided by Cazenove Capital Management, particularly that concerning tax-efficient structures.
4. Psigma Investment Management
Founded in 2002, Psigma Investment Management is London-based and has a core investment offering comprising fully bespoke portfolio management and Managed Portfolio Service (dependent on level of investment).
While not strictly a financial planning firm, Psigma still warrants its place on our list as its structure means that it is able to offer a far broader offering than investment management alone. Psigma is part of the Punter Southall Group, a diversified financial services company offering actuarial, pensions consultancy, administration and investment services for pension scheme trustees, employers, private clients and institutions. This means that financial planning matters such as trusts, IHT mitigation or pensions can be efficiently addressed by calling on in-house expertise.
Article: Growing Fast With A Focus On Absolute Returns
What users of findaWEALTHMANAGER.com say about Psigma Investment Management:
Psigma has a distinct investment ethos which places great emphasis on targeted returns and delivering a certain level of gains above inflation. This is intended to suit those nearing, or at the end of their working lives, who are looking for their pension assets to grow ahead of inflation; this approach is also proving popular with young professionals with families, whose issue is keeping up with rising school fees.
Clients of Psigma tell us that they really appreciate the fact that ad hoc financial planning questions can be tackled – as senior executives have put it to us – “by literally by going across the floor”.
5. Quilter Cheviot
Quilter Cheviot Investment Management (which has roots going back to 1771) is also predominantly an investment house, but one which has good capabilities in financial planning due to its specialism in managing investments for a wide range of pension schemes. These include Self-invested personal pensions (SIPPs); Defined Benefit/Defined Contribution schemes; Small self-administered schemes (SSASs) and overseas pensions.
Also like Psigma Investment Management, Quilter Cheviot is part of a wider group – here Old Mutual Wealth, which is a FTSE 100 company. Quilter Cheviot has 14 offices across the UK, along with one in Dubai.
Article: Money Lessons Learned By A Wealth Management CEO: David Loudon, Quilter Cheviot Investment Management
What users of findaWEALTHMANAGER.com say about Quilter Cheviot:
Our users praise Quilter Cheviot for its combination of personalised service and a boutique feel along with a broad platform – which has been further enhanced by it coming under the auspices of Old Mutual.
Also praised for its broad offering yet boutique feel, Quilter Cheviot has been lauded by our users as “having wealth management in its DNA”.
Getting help with your financial planning needs:
This list is just a sample of the fantastic financial planning capabilities that can be accessed via findaWEALTHMANAGER.com, and is by no means exhaustive.
To discover which wealth managers precisely suit your needs simply try our online smart tool , making sure to specify all your financial planning and investment requirements.
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Posted by fwm team.
28 Jun 2016
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Financial Advisers in the UK - Market Research Report
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Total Current Assets / Total Current Liabilities
This ratio is a rough indication of a firm’s ability to service its current obligations. Generally, the higher the current ratio, the greater the "cushion" between current obligations and a firm’s ability to pay them. While a stronger ratio shows that the numbers for current assets exceed those for current liabilities, the composition and quality of current assets are critical factors in the analysis of an individual firm’s liquidity.
Total Revenue / Accounts Receivable
365 / Receivables Turnover Ratio
This figure expresses the average number of days that receivables are outstanding. Generally, the greater the number of days outstanding, the greater the probability of delinquencies in accounts receivable. A comparison of this ratio may indicate the extent of a company’s control over credit and collections. However, companies within the same industry may have different terms offered to customers, which must be considered.
Total Revenue / Closing Inventory
This is an efficiency ratio, which indicates the average liquidity of the inventory or whether a business has over or under stocked inventory. This ratio is also known as "inventory turnover" and is often calculated using "cost of sales" rather than "total revenue." This ratio is not very relevant for financial, construction and real estate industries.
365 / Inventory Turnover Ratio
Dividing the inventory turnover ratio into 365 days yields the average length of time units are in inventory.
Total Revenue / Net Working Capital
Because it reflects the ability to finance current operations, working capital is a measure of the margin of protection for current creditors. When you relate the level of sales resulting from operations to the underlying working capital, you can measure how efficiently working capital is being used. *Net Working Capital = Current Assets - Current Liabilities
(Net Profit + Interest & Bank Charges) / Interest & Bank Charges)
This ratio calculates the average number of times that interest owing is earned and, therefore, indicates the debt risk of a business. The larger the ratio, the more able a firm is to cover its interest obligations on debt. This ratio is not very relevant for financial industries. This ratio is also known as "times interest earned."
Total Liabilities / Total Equity
This is a solvency ratio, which indicates a firm's ability to pay its long-term debts. The lower the positive ratio is, the more solvent the business. The debt to equity ratio also provides information on the capital structure of a business, the extent to which a firm's capital is financed through debt. This ratio is relevant for all industries.
Total Liabilities / Total Assets
This is a solvency ratio indicating a firm's ability to pay its long-term debts, the amount of debt outstanding in relation to the amount of capital. The lower the ratio, the more solvent the business is.
(Net Fixed Assets * 100) / Equity
Net fixed assets represent long-term investment, so this percentage indicates relative capital investment structure.
Total Revenue / Equity
It indicates the profitability of a business, relating the total business revenue to the amount of investment committed to earning that income. This ratio provides an indication of the economic productivity of capital.
(Net Profit * 100) / Equity
This percentage indicates the profitability of a business, relating the business income to the amount of investment committed to earning that income. This percentage is also known as "return on investment" or "return on equity." The higher the percentage, the relatively better profitability is.
(Net Profit + Interest and Bank Charges) * 100 / Total Assets
This percentage, also known as "return on total investment," is a relative measure of profitability and represents the rate of return earned on the investment of total assets by a business. It reflects the combined effect of both the operating and the financing/investing activities of a business. The higher the percentage, the better profitability is.
(Total Current Assets * 100) / Total Assets
This percentage represents the total of cash and other resources that are expected to be realized in cash, or sold or consumed within one year or the normal operating cycle of the business, whichever is longer.
(Accounts Receivable * 100) / Total Assets
This percentage represents all claims against debtors arising from the sale of goods and services and any other miscellaneous claims with respect to non-trade transaction. It excludes loan receivables and some receivables from related parties.
(Closing Inventory * 100) / Total Assets
This percentage represents tangible assets held for sale in the ordinary course of business, or goods in the process of production for such sale, or materials to be consumed in the production of goods and services for sale. It excludes assets held for rental purposes.
(Other Current Assets * 100) / Total Assets
This percentage represents all current assets not accounted for in accounts receivable and closing inventory.
(Net Tangible & Intangible Assets * 100) / Total Assets
This percentage represents tangible or intangible property held by businesses for use in the production or supply of goods and services or for rental to others in the regular operations of the business. It excludes those assets intended for sale. Examples of such items are plant, equipment, patents, goodwill, etc. Valuation of net fixed assets is the recorded net value of accumulated depreciation, amortization and depletion.
(All Other Assets & Adjustments * 100) / Total Assets
This percentage represents all other assets not elsewhere recorded, such as long-term bonds.
Average Total Assets
This figure represents the average value of all resources controlled by an enterprise as a result of past transactions or events from which future economic benefits may be obtained.
(Total Current Liabilities * 100) / Total Assets
This percentage represents obligations that are expected to be paid within one year, or within the normal operating cycle, whichever is longer. Current liabilities are generally paid out of current assets or through creation of other current liabilities. Examples of such liabilities include accounts payable, customer advances, etc.
(Current Bank Loans * 100) / Total Assets
This percentage represents all current loans and notes payable to Canadian chartered banks and foreign bank subsidiaries, with the exception of loans from a foreign bank, loans secured by real estate mortgages, bankers acceptances, bank mortgages and the current portion of long-term bank loans.
(Other Current Liabilities * 100) / Total Assets
(Long-Term Liabilities * 100) / Total Assets
This percentage represents obligations that are not reasonably expected to be liquidated within the normal operating cycle of the business but, instead, are payable at some date beyond that time. It includes obligations such as long-term bank loans and notes payable to Canadian chartered banks and foreign subsidiaries, with the exception of loans secured by real estate mortgages, loans from foreign banks and bank mortgages and other long-term liabilities.
(Total Liabilities * 100) / Total Assets
This percentage represents the obligations of an enterprise arising from past transactions or events, the settlements of which may result in the transfer of assets, provision of services or other yielding of economic benefits in the future.
(Total Equity * 100) / Total Assets
This percentage represents the net worth of businesses and includes elements such as the value of common and preferred shares, as well as earned, contributed and other surpluses.
Average Total Liabilities + Average Total Equity
This figure represents the sum of two separate line items, which are added together and checked against a company’s total assets. This figure must match total assets to ensure a balance sheet is properly balanced.
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UK financial firms ‘may be lending over £174m a week to at-risk gamblers’
Bank data analysis suggests lenders could be unwittingly fuelling gambling problems by extending credit
Financial institutions in the UK may be lending more than £174m a week to people who are using a risky proportion of their income on gambling, an analysis of the spending patterns of loan customers suggests.
The credit technology firm Abound looked at the open banking data of people who applied for its loans and used artificial intelligence to assess all their financial transactions over a six-month period.
The leading debt charity StepChange said the results suggested lenders could be unwittingly fuelling gambling problems by extending credit to people who deposited much of their money in betting accounts or used it to wager in high street bookmakers.
Abound refuses anyone who deposits more than 30% of their income into gambling accounts on average over six months, or anyone who deposits more than 100% of their income in any one month during the period. It said it turned down about 29% of loan applicants on these grounds.
The firm said these customers would not have been identified as risky borrowers by more traditional credit checks used by lenders who did not routinely analyse open banking data.
Based on Abound’s target market in which lenders extend £600m of credit a week, the company estimated that at least £174m was being lent each week to people who would not have passed its own checks.
Debate continues over the government’s much-delayed proposals to toughen affordability checks to determine whether gamblers are spending beyond their means. Unlike Abound’s vetting method, such checks would be based on losses, rather than the amount of money deposited into an account, which can be offset by betting wins.
Losses of £1,000 a day, or £2,000 over nine months, would trigger enhanced interaction by gambling firms, with customers potentially asked to hand over bank statements or other information to show they can afford losses on that scale.
Ministers say the planned checks will only affect 3% of gamblers and could prevent vulnerable people being plunged into financial ruin.
Some pro-gambling campaign groups and lobbyists have questioned the impact on civil liberties and argue that people’s enjoyment should not be disrupted for the sake of those suffering from a gambling problem.
Peter Tutton, the head of policy at StepChange, said: “Previous research on the experiences of StepChange clients found that lenders are not always quick enough to spot warning signs that someone is borrowing to fund gambling.
“It’s important that lenders continue to evolve their approach to identifying gambling harm by adopting stringent checks and affordability assessments.”
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Gerald Chappell, Abound’s chief executive, said: “Currently, lenders aren’t doing anything wrong. But the tools they are using, like credit ratings, are outdated and unable to identify many financially vulnerable potential borrowers in the online era.”
Abound said it lent to 550 people every week but declined a further 230 on the basis of gambling spending. Of those who were declined, 15% had previously been able to get loans elsewhere.
Betting with a credit card is already banned but there has typically been little to stop gamblers spending money obtained via other forms of borrowing.
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Top 100 Financial Advisers 2020: the full list
Here it is: the full list of our Top 100 Financial Advisers 2020.
The latest edition of FTAdviser's ranking of the top UK financial advice firms is now available in its entirety.
2020 has been an unusual year for us all, including those in the financial advice profession. But advice firms have adapted well to the new normal - not least by providing remote advice in many different forms. Click on the link above to see which firms are listed as among the top in the industry this year.
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