Business investments - Andrew
Andrew’s company investments were not performing well and were being poorly managed. We worked closely with Andrew to create a diversified, bespoke and goal-focused portfolio.
Andrew, Manchester, a client since 2014
“My company had invested a large sum of money in a fixed term investment that we believed was cash and later found out was not. Chambers Smith Financial Planning were introduced to me via my company’s solicitor, and they immediately set out to undertake a full review of not only my company’s objectives and requirements, but also the existing investment.
They quickly pointed out to me that the existing investment had seen little capital growth compared to inflation. It was also subject to risks that we were unaware of, and this was deeply concerning for us.
Chambers Smith worked with me and my company in a way that no other adviser had done before – they looked at every detail, explained things in a clear manner, tailored all planning to my company’s exact needs and offered regular ongoing reviews on a daily, monthly, quarterly, and annual basis! Clearly, they were the best option for planning our investments and we have been thrilled with the work they have performed.
I am very satisfied with the work they have done for me and my company over the past four years, and it is excellent that I can continue with my day job knowing that they are monitoring the investments.”
Dan Smith, Financial Planner
“The existing investments within Andrew’s company were initially stated as cash-based investments, however, after our detailed analysis, it came to light that this was not the case and the directors were taking considerably more risk than they were aware.
We also established that the returns they had achieved over the past 10 years had not kept pace with inflation, which was Andrew’s main objective. Having established Andrew’s risk profile and objectives, we set about our research.
We provided the directors with a wealth of information relating to the investments that would be suitable to meet their objectives, taking into consideration tax, risk and income generation.
We worked closely with the company’s accountant, tax specialist and lawyer to formulate our recommendations. Having looked at the market as a whole, we recommended a suitable investment wrapper and individual investment funds.
The portfolio was considerably more diversified than the previous portfolio and was designed to dampen some of the expected volatility within financial markets, whilst also having a proportion of the money invested so that it provided a capital guarantee at a set date in the future.
We review the company investments bi-annually and meet once a year to review the investments. This involves reviewing the company objectives, risk profile and asset allocation of the portfolio, requirement for capital and the performance of the individual investment funds.”