The W&TM Process

Should you wish to take advice from Wealth & Tax Management, we will guide you through our proven process. At each stage you’ll know exactly what fee we propose to charge and it will be your decision whether to proceed or not.

The Discovery Process

The first step is for W&TM to find out about you. What is your current position? What worries and concerns do you have about your pension or other investments? We call this the Discovery Process. You’ll fill in some questionnaires to give us the background; we’ll then read and understand your issues and conduct a Discovery Meeting (usually at our office) to help you clarify your thoughts, plans and objectives.

The cost for the Discovery Process is £87 + VAT and, if you don’t feel it has been value for money after our initial meeting, you’ll get all your money back.

The Wealth Management Plan

Having conducted the Discovery Process, we’ll be in a position to produce a tailored plan for you, which identifies priorities and recommends strategies to help you both protect and add to your wealth.
We can send the Plan to you or, if you prefer, we can meet and go through it in detail.

Depending on the complexity of your specific needs, the fee for a Wealth Management Plan can be anywhere between £300 and £1000 + VAT (the average is around £500) and a Planning Meeting is £217 + VAT.

The Implementation Process

After the planning stage, we will implement some or all of the agreed strategies from your Wealth Management Plan – exactly how much we do is up to you. The cost will vary depending on what is involved, but will have been outlined clearly in the Wealth Management Plan.

Ongoing Management

In order to manage your affairs, we need to review your pensions and investments on a regular basis: typically quarterly for clients with investments in excess of £30,000 and annually for others. For this we charge a retainer which is agreed with you in advance.