The Wealth Consultant

Business owners - what will you do with your new wealth when you sell your business?

Your focus has been on running and growing the company, but it's imperative to also take steps to plan for your personal financial future when you sell.

This article explores the topic of selling your business for retirement in detail.

How To Sell Your Business: What To Do Before, During, And After The Sale How to sell your small business: key steps before, during, and after the sale. Selling a business requires a lot of planning. Here's a primer on what to expect when selling a company.

All parents want to give their children the best possible start in life. But, how, as parents, can you ensure your children’s financial security for the future?

Saving for your child from birth will enable them greater financial independence when they will need it most.

Read our guide to Investing For Your Child's Future: www.thewealthconsultant.co.uk/guides/investing-for-your-childs-future

Do you know how to supercharge your pension? 💰

This article offers some really useful and achievable ways to get the most from your pension.

The key takeaway is this: the more you can put in, the more you will get out of it. So use every opportunity to pay extra into your pot and make the most out of compound interest.

Ten ways you could supercharge your pension Are you looking for ways to make your pension grow even faster? Here's 10 things you could do.

Many families would struggle financially following the death of a loved one. By considering wealth protection now, you can give your family one less thing to worry about after you’ve gone.

Learn more: www.thewealthconsultant.co.uk/guides/protection

All divorces are ‘high stakes’ on an emotional level, but some are also high on the financial stakes 💔

One thing you may not think about when you are negotiating a financial settlement will be what you will do with the money and assets once they are legally yours.

Planning your financial security for the long term should be a top priority and knowing what expenses you could be liable for early on will help you avoid any unexpected bills once the dust has settled.

For objective advice that takes into account your unique situation, get in touch.

What is your attitude to spending vs. saving?

According to research carried out by BravoVoucher, we Brits spend almost as much money as we earn, saving just 1% of our disposable income.

Compared to countried like Germany, where people save as much as 11% of their disposable income, this is a measley amount.

It is a wonderful feeling to be in a position to financially support a charitable cause. As well as satisfying philanthropic urges, donating to charity can be an effective way to benefit from a range of tax reductions.

With legacy income accounting for £2.8 billion of UK donations last year, many people are already asking how they can contribute to the greater good while also availing of tax reductions.

Read the guide: www.thewealthconsultant.co.uk/guides/strategic-philanthropy-planning

Sudden wealth can take an emotional toil, even if the windfall had been on the cards.Quite often people who receive a large inheritance, sizeable divorce settlement or windfall have a little to show for it within several years as most are not ready for the emotional stress and complexities that financial management can pose.

Even those who have planned for increasing wealth in later life, such as through selling a business can find themselves at a loss of how to manage their money in the most efficient way possible.

It doesn’t have to be this way though.

Finding the right team of objective and skilled financial advisors to advise on tax, legal requirements, estate management and financial planning will lay the foundations for the effective long term management of your wealth.

If you need help managing your wealth then get in touch.

"Britain's big four banks' shares have been in the doldrums for years and sank once more as the coronavirus crisis hit......But does their unloved status make Britain's big banks a value opportunity or a wealth trap for money that could be put to better use elsewhere?"

This article raises some interesting points about whether we should be considering investing in bank shares.

Will investors fall back in love with bank shares? Investing Show Richard Hunter and Simon Lambert delve into the big name banks, how they differ, and the challenges and opportunities they face.

Whether you wish to invest a lump sum or regular contribution, an off-shore account can offer the opportunity for greater growth prospects, reduced risk, and reduced personal liability.

However, tax planning hinges on careful timing so it makes sense to seek professional advice. We offer you peace of mind by offering the perfect wealth manager for you.

Learn more: www.thewealthconsultant.co.uk/our-services/international-channel-island

Legacy and succession planning are essential for ensuring your business and wealth is passed on to the right people and protected from falling short of your wishes.

The Wealth Consultant aims to cut the complexities and will connect you with a wealth manager who can answer key questions.

Learn more: www.thewealthconsultant.co.uk/our-services/legacy-and-succession-planning

We have already spoken about the rising popularity of sustainable investing and some of the myths surrounding this trend.

It is welcome news that The Treasury has announced the formation of a new independent body to provide ministers, officials, and businesses with guidance on how to address concerns over alleged greenwashing within the financial industry.

This will give investors the confidence to drive forward sustainable investing and help shape a better world.

www.businessgreen.com/news/4032546/treasury-appoints-group-help-tackle-financial-sector-greenwashing