You work hard to build your wealth so your wealth should work hard for you. Most people put their wealth to work through a sound investment portfolio which meets their short, medium and long term goals. At WJM Wealth planning we work with clients to ensure they have a portfolio of investments suited to their situation, objectives and risk profile and then we help them manage that portfolio.
Your investment objectives are important as these will help to determine the mix of investments needed to meet your ambitions. Mapping your path to that mix of investments, and reviewing the route along the way, is where we help.
You could be investing for your holiday home in the sun, to put your children or grandchildren through school or university, to make provisions for your family after you die or just for extra income when you retire. Whatever your reasons for investing, we can work with you to help you reach your destination.
Our careful, regularly reviewed planning will keep your investments on track and allow you to prioritise your short, medium and long term goals.
We may recommend that investments are held through WJM Share Nominees Limited, our subsidiary which takes care of much of the ongoing paperwork associated with investments, thus easing the administration burden on you.
Where appropriate we will recommend suitable trusts so that your investments are managed as efficiently as possible, protection is provided for your beneficiaries and taxes – income, capital gains and inheritance – are minimised.
WJM also has its own corporate trust company, Maritime Trustees Limited (MTL). Appointing MTL as a trustee can simplify matters for you as you will not have to ask a relative or family friend to take on the sometimes onerous job of acting as a trustee under, for example, an investment or life policy on your death. In addition, where a friend or relative has previously been appointed as a trustee, they may die before you, necessitating the appointment of a replacement; or they may no longer be able or willing to act, necessitating their retirement and replacement, with associated paperwork and inconvenience.
The advantage of appointing MTL is that these issues no longer arise: notwithstanding that the partners in WJM (who effectively own MTL) may change, MTL itself carries on and will continue to act as a trustee.
MTL is also able to act objectively whereas it may be difficult for a friend or relative to do so.