Discovery
The initial aim is to find out whether we can build a relationship together as well as gather factual information and the areas we cover are:
- Financial - this is to determine your current financial position including details of assets, income, taxation
- Emotional - discussions about your past experiences, attitude to risk and other factors that may have contributed to your present beliefs
- Objectives - setting a Lifetime Plan to include cash reserves, income requirements and capital growth. We discuss your cash flow position, now and going forward, and what effect inflation and various levels of growth would have on your circumstances.
- Personal - including state of health, beliefs, family
Within the Company, we currently have the following structure in place to allow us to provide different service levels catered to the requirements of each individual client
- Wealth Management - for clients who have assets, excluding their property, of at least £750,000 who also wish to establish a long term relationship and need ongoing monitoring but whose requirements are more demanding due to the very nature of their wealth.
- Applewood Advisory - for clients who wish to develop a relationship with us over the years ahead and for whom we provide a comprehensive ongoing service for an annual fee
- Applewood Financial - for purely transactional based clients who require a specific product or advice on a specific issue but have no requirement for ongoing servicing