Client for life
How We Work
Individual circumstances change, but the need for good financial advice doesn’t. Whatever stage of life you’re at, it’s important to get quality advice that you can trust and which helps you achieve your objectives. Financial investment is a long term endeavour and we want to build long term relationships with our clients. Continuity and stability are important.
Whether you are saving for your children’s education, laying the foundations for a comfortable retirement, or looking to minimise the tax your might pay on your estate, we can help. We have long term relationships with a range of different product providers to help ensure you receive the best service possible.
Oakwood offers an initial meeting at our own cost. We will take the time to listen and understand what you want to achieve and why, and then collectively decide the best service offering and fee structure.
How we work
Our Initial Advice Service is all about getting to know you, and you getting to know us. We’ll take the time to learn about you and your family, your current financial position, your needs and aspirations, your timescales and your attitude to risk. We’ll offer impartial advice, make suitable recommendations and help implement your decisions around saving, investing and pensions.
Our core offering is the On-Going Service, and involves meeting with you at least annually. We will monitor and review the performance of your investments, discuss changes in your circumstances and check progress against your objectives. We will look at the impact of the economy, legislation and investment markets on your money, and implement new strategies.
We also offer an Execution Only service. We will only act upon your instructions and help implement your financial decisions, but we won’t provide advice or make recommendations.
Your adviser will confirm all the applicable fees and charges prior to you proceeding with any solutions.
Our investment proposition
Deciding where to invest your money will be influenced by factors such as your current financial arrangements, your future needs, your attitude to risk, your capacity for loss, the period you are looking to invest for and your tax position. At Oakwood we follow a five step process to ensure that the right investment solution is identified to meet your needs and objectives.
Step 1 – Engagement
At our initial meeting we will explain how our service works, identify your current financial arrangements, establish your primary financial needs and objectives and answer any questions you may have.
Step 2 – Discovery
We will work with you to fully understand and define your financial needs and objectives and complete a scientifically designed questionnaire to identify and discuss your attitude to investment risk and reward.
Step 3 – Analysis
Our findings from the Engagement and Discovery steps will allow us to analyse your requirements and research the market to develop a suitable investment strategy.
Step 4 – Recommendation
We will identify the most suitable solution for your investment strategy and provide you with a suitability report which will set out specific, realistic recommendations designed to achieve your stated objectives over an agreed time, in line with your risk profile.
Step 5 – Implementation
If you decide to proceed then the plan will be implemented using the most suitable “tax wrappers” (such as ISAs, collective investment products or pensions) to help produce the best achievable financial return.
The value of your investments and the income generated by them can fall as well as rise. Investing places your capital at risk and you might not get back the value of your original investment.
Oakwood does not provide advice on mortgages, loans or equity release; general insurance; and defined benefit pension transfers.
