Our Journey Together: How It Works

We follow a structured, 7-step process that’s been designed to help us understand your life and enable you to accomplish your goals.

Our Financialsense® Discovery Programme

We work with clients for whom we can offer significant value often beyond financial.

The Financialsense® Discovery Programme is how we begin the getting to know you process. It is about understanding you, your family, your hopes and your dreams. This culminates in financial plan which addresses your immediate advice needs and designs a strategy to achieve your objectives through the smart management of your money.

Your objectives

One of the biggest problems many struggle to overcome is having the time, capability and motivation to get to grips with their financial affairs.

The Financialsense® Discovery Programme allows us to get to know you first and foremost, and to thoroughly understand your financial matters. It will also provide you with some quality ‘timeout’ within a relaxed, structured and supportive environment and answer life’s big questions, like:

  • What do I want to do with what time I have left on this planet?
  • What is really important to me, what are my priorities?
  • How much will this lifestyle cost and how can I ensure that I have enough to live the life I want to live, but not die with too much?
  • What do I need to do to ensure that my family is financially secure, whatever happens?
  • What help can I afford to provide to my family, and pass wealth to the next generation?

The outcome

We’ll develop a life plan which identifies your values, goals and objectives. You’ll be provided with a written financial plan detailing the strategy needed to live this life. Our team will conduct a comprehensive review of your existing investments, pensions, protection, tax and estate planning strategies, considering issues and opportunities.

Your expert team will be there to improve your financial performance – saving you money and making you money. We work together across all areas, including mitigating tax and multi-generational planning, and, subsequently, one of our ongoing services will provide you with advice and care.

We’ll work with you to ensure your plan remains on track and your affairs are organised, saving you time. Wealth management recommendations and solutions that align the management of your money with your goals will follow.

Step: 1
Step 1
Introductory
meeting
Step: 2
Step 2
Discovery Meeting Part 1:
Lifesense® Programme
Step: 3
Step 3
Discovery Meeting Part 2:
Financial Planning
Step: 4
Step 4
Discovery Meeting Part 3:
All Money Conversation
Step: 5
Step 5
Strategy Meeting Part 1:
The Financial Plan
Step: 6
Step 6
Strategy Meeting Part 2:
Wealth Management
Step: 7
Step 7
Ongoing care

Step 1

Introductory
meeting

This will be like no other meeting you’ve ever had before with a financial advisor. This is when we discover whether we’re right for you and you’re right for us. We’ll explain how we work, how we charge and consider if we can add value to your life and improve yours and your family’s financial future.

Step 2

Discovery Meeting Part 1:
Lifesense® Programme

The purpose of this Discovery Meeting is to get to know you. We start by understanding your story. We want to know what is important to you and what are your objectives in order to create a wishlist of your hopes and dreams.

To provide the most meaningful advice and to effectively implement wealth management solutions, we must fully understand you and your objectives. Jumping straight into things without clearly analysing where you are now and where you want to be in the future is a kamikaze approach to money management.

Step 3

Discovery Meeting Part 2:
Financial Planning

We will make financial and life assumptions about the future – when and how you want to retire, what are you going to need for your children, are there any big projects to fund? What would you do if you could?

This element of our work is essential as it helps with greater financial awareness of your position and objectives and is the initial groundwork to ensure that any product solutions are totally geared and mobilised towards the achievement of your objectives.

Step 4

Discovery Meeting Part 3:
All Money Conversation

Once we understand what’s important to you, we then look at what you own, what you owe, what you earn and what you spend – not only today, but what that may look like in the future. We analyse and critique this information with our results discussed in the implementation meeting.

Step 5

Strategy Meeting Part 1:
The Financial Plan

This is where you’re given the opportunity to see your future based on agreed financial and personal assumptions. A highly interactive meeting, this session helps you to focus on needs and priorities and agree on a suitable way forward. It’s when money starts to make sense.

Using cashflow modelling software, you’ll see current and future possibilities and begin to feel a real sense of direction, purpose and control over your life and wealth. We model different scenarios and stress test your plan to help you move forward with confidence. On agreeing a way forward, we’ll issue your customised draft financial plan.

Step 6

Strategy Meeting Part 2:
Wealth Management

Having invested the time to fully understand you and your objectives, and having agreed a suitable strategy, only then do we feel we are qualified and you’re able to make the correct decisions on how to manage your money.

We can now confidently provide you with the right advice for you in relation to your pension, investment, tax and estate planning requirements. Your financial strategy is totally about achieving your life objectives. We’ll consider money-based strategies and wealth management solutions designed to help you achieve your objectives. At this point, we’ll construct a smart, evidence-based investment portfolio that produces the kinds of long-term returns we’ve calculated that you’ll need.

Step 7

Ongoing care

Ongoing care will be provided and tailored to your needs. This will ensure that your plan remains on track. We’ll update the plan regularly, normally annually, but we resist the temptation to tinker with it, or micromanage it, or change it for the sake of changing it.

However, if your circumstances or objectives really change as opportunities arise, or life events happen we can meet and review your plan in light of this.

Businesssense®

Our exclusive Businesssense® community is open to clients and gives business owners the opportunity to network in a trusted environment with likeminded individuals.

Portfoliosense®

Based on Nobel Prize winning theory, Portfoliosense® is our preferred investment strategy and is an evidence-based, low-cost, scientific approach to managing money.

Meet our clients

What our clients say

Joe & Jessica Barker

We can rest assured that the decisions we are making are good ones and that our family and children are going to be looked after.

Joe & Jessica Barker

Douglas Cave

If I was to have planned what I would want from a service, Nick and his team have ticked every box.

Douglas Cave

John & Sarah Glasgow

We always get the impression that the whole team at Henwood have our best interests at heart and are focused on what we want to do, rather than pushing products and services.

John & Sarah Glasgow

Andy & Trudy Cooke

One of our friends had recommended Henwood and we were immediately impressed.

Andy & Trudy Cooke

Chris Rinaldi

I have known Nick over 15 years. He is both very professional and personable at the same time; not at all pushy with his views. The whole team he has gathered around him appear to share the same ethos.

Chris Rinaldi

John Booth

We’re heading in a much better direction than we’d ever get to with another financial adviser. It’s not too strong to say it has changed our lives.

John Booth

Mark Harris

A business owner should engage with a financial planner at the earliest opportunity so they build up a relationship and have a support network behind them.

Mark Harris

Ian & Lou Farnworth

Some of the questions Nick was asking us were much broader than just looking at finances, he was looking at lifestyle choices.

Ian & Lou Farnworth

Dominic & Jane Facci

We didn’t get here by accident. We had help from Henwood. We feel incredibly lucky and fortunate to have this time.

Dominic & Jane Facci

Andrew & Diane Messenger

Henwood really has helped us to live the life we want. All the staff know us and give us a warm welcome whenever we go there and I trust the whole team for their knowledge.

Andrew & Diane Messenger

Dick Elsy

I’ve been impressed by the way Nick has chosen to work with a select number of higher value clients, which means the business can deliver a highly personal service.

Dick Elsy

Malcolm & Cynthia Pollard

All the people we deal with make you feel like you’re the only person they deal with. They’re very individual in the way they handle your issues.

Malcolm & Cynthia Pollard

Gaye Morris

I felt an instantaneous connection with Henwood and the way they operate their business. They have a totally customer-centric and relationship-based approach.

Gaye Morris

contact us

We’re here to help

0121 313 1370
The Cruck Barn
20 Country Park View
Sutton Coldfield
B76 1TE

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