Financial Planning
“Here at EB Wealth, we pride ourselves in our ability to help you plan and navigate your future. We will hold your hand through every process that you want help with. Whether it be through the financial implications of starting a family, buying your first home, funding private schools for your children, traveling, caring for your elderly parents, your retirement, or inheritance tax planning, you can leave a legacy for those ones and things you care about.”
Kai Tang, IFA
EB Wealth
Your Financial Success is Our Priority.
What is Financial Planning?
Financial planning is a process of creating and implementing a strategy to meet your life goals through managing your finances. Here at EB Wealth, we take pride in providing comprehensive solutions to meet your financial objectives in order to achieve those goals. Whether you are planning for retirement, aiming to provide for your children, seeking investment opportunities, or looking for tailored strategies to protect and grow your wealth, we are here to assist you every step of the way, including providing options to protect you and your family in the event of unexpected situations arising.
Read more about some of the services we can help you with:
Pensions and Retirement
Many of our clients use our services to help plan for their retirement. We can guide you through the intricacies of financial planning and help you develop a personalised roadmap for a secure retirement. We will work closely with you to understand your goals, assess your risk tolerance, and create a customised plan that aligns with your unique circumstances. From budgeting and saving strategies to asset allocation and tax planning, we provide the tools and expertise to help you achieve financial independence.
For more information, please click the link.
Tax Planning
Tax planning is a critical aspect of financial management that seeks to optimise an individual's or organisation's tax liabilities within the boundaries of the law. It involves strategic decisions and actions taken throughout the year to minimise tax payments and maximise after-tax income or profits.
Effective tax planning requires a thorough understanding of the complexities of tax laws, deductions, credits, and exemptions that apply to specific circumstances.
Tax Planning at EB Wealth
An integral part of our services is an analysis of your finances to ensure you pay the lowest tax possible. Investing in pensions and ISAs are two effective ways of saving in a tax-efficient manner that are core to our investment recommendations. We also provide recommendations specifically on Inheritance Tax Planning, which you can read more about here.
Personal Insurance
The process that we follow:
Initial research and analysis of financial goals and objectives.
Review existing insurance plans to determine if there is a protection shortfall.
Obtain quotes from the whole of the market (we are not tied agents).
We assess and recommend which provider can offer the most appropriate cover for your needs.
Provide you with a written report of our insurance recommendations.
Help you by implementing the recommendations for you.
Completing application paperwork with you
Dealing with the medical underwriters and liaising with relevant medical professionals where necessary.
We go the extra mile to ensure a successful application.or you.
Good personal insurance, also referred to as financial or personal protection, underpins every other aspect of financial planning by ensuring that, in the event of death or illness, we protect the goals or people that matter to us most. With various types of insurance policies available, individuals can tailor their policies to suit their specific needs and circumstances. Taking out some level of insurance provides a sense of security, knowing that one's family and assets are safeguarded in times of crisis.
How does Personal Insurance work?
As with other insurance policies, you pay an insurance company a monthly premium, which is then used to provide a financial sum if you suffer an unfortunate event, such as death, disability or illness. There are many types of personal insurance policies that address different needs and we believe that ensuring you have adequate cover in place is an integral part of your overall financial plan. At EB Wealth, we understand the importance of personal insurance in safeguarding your wealth and securing your future and offer a comprehensive range of personal insurance services to meet your specific needs and goals. We work closely with you to assess your risks and develop personalised strategies to protect your assets and loved ones.
Life Cover
Family Income Benefits
Mortgage Protection
Income Protection
Critical Illness & Disability Cover
Private Medical Insurance
And more…
With our services, you can rest assured knowing that you have a strong financial safety net in place, allowing you to focus on what truly matters - your peace of mind and financial well-being.
Education Fees Planning
School fee planning is a crucial aspect of financial planning for parents and guardians, ensuring that they are prepared to meet the expenses associated with their children's education. As education costs continue to rise, thoughtful preparation is essential to avoid financial strain and ensure access to quality education for the younger generation.
Education is the most powerful weapon you can use to change the world - Nelson Mandela
What is Education Fees Planning?
Effective school fee planning involves creating a dedicated savings strategy that parents can use to save for the cost of education whether it be preschool, private school, university, or other related expenses, including school trips. We will use cashflow planning to help you determine the impact of these costs and how to save for them. Parents can set aside funds regularly in a dedicated investment account with us and we can help that money grow for the time when it is needed.
Cashflow Modelling
Having a cashflow forecast can give you a clearer indication about what your income and capital needs are likely to be in future years. Using this information, we can look at different scenarios to help make an informed decision about achieving your future goals and when the best time to take retirement might be. Cashflow modelling can help you calculate the difference between what your income is likely to be if you choose to take early retirement and your prospective income if you choose to retire later on in life.
Cashflow modelling can also be used as a valuable tool in terms of tax planning, enabling you to legally reduce the amount of inheritance tax liability that might otherwise be payable on your estate after death.
By mapping out your future cashflow, you will also be in a much better position to plan for other later-life expenditures should the need arise to need residential or nursing care.
How does it work?
Initial research and analysis of your financial goals & objectives.
Obtain a detailed breakdown of your current assets, liabilities, income and expenditure.
Project your future ability to achieve your goals, factoring in different scenarios, including simulating a “worst-case” scenario, to provide insight into your financial stability.
Meet with you and run through the various simulations to help you visualise making your goals a reality.
Provide you with the cash flow report reflecting the various scenarios discussed.
It is important to stress that cashflow modelling is not a process to be carried out once and then forgotten about - cashflow modelling is a living document that can, and should, be revisited on a regular basis. In that way, you can be certain that it will always reflect, and be relevant to, your current circumstances should anything change. Even minor changes can make a huge difference in the longer term.
Divorce & Pension Sharing
What is Divorce and Pension Sharing?
At EB Wealth, we provide compassionate support to help you navigate the best possible, but fair, financial outcome for your future, post-divorce., assisting in a seamless division of assets. After your assets have been split, we can also help you re-assess your goals and put in place a strategic plan to help you achieve them.
Book a Personalised Guidance Meeting to discuss your options and we can help you through your journey.
And more….
If you would like to discuss something that is not listed above, please give us a call. Life is full of surprises, every situation is different, and we will help you as best we can or refer you to someone who is more suited to your situation.
What our customers say