Choosing the right wealth manager is about more than just numbers; it’s about trust and communication. In this episode, Aidan Grant is joined by industry experts Martin Heale and Janette Saxer from Schroders to discuss the key factors in selecting a proactive and approachable wealth manager who can foster long-term relationships and weather the storm of challenging market conditions. This episode explores the nuances of obtaining accreditation and maintaining seamless advisory relationships across the UK and US. Learn about the importance of transparency and effective communication with advisors to ensure efficient tax planning, especially for Americans making the move to the UK, and the value of assembling a cohesive advisory team that seamlessly coordinates across jurisdictions. The role has many job titles – investment advisor, stockbroker, wealth manager, and financial planner to name a few. Discover how these professionals serve as the quarterbacks of your financial journey, orchestrating a team of specialists to ensure your diverse financial needs are met with precision and care.
Martin & Janette explain the art of selecting a wealth manager – one that not only provides value for money but also prioritizes long-term relationships and trust. They advocate personal recommendations and testimonials, bolstered by podcasts and LinkedIn, to provide a “try before you buy” experience. Navigating cross-border considerations can be a daunting task. Whether you’re new to investing or navigating significant wealth transitions, this episode is packed with expert advice to guide your financial journey.
Key Takeaways:
Titles like wealth manager, financial planner, or investment advisor often overlap. Pick someone who takes a holistic approach and coordinates specialists where needed.
Don’t just ask for performance; request **annualized returns** and compare them to relevant benchmarks. Ask about the **total expense ratio** to understand full costs. Ensure they are qualified in both U.S. and UK financial systems.
Dual-country clients need tailored advice for tax efficiency and legal compliance. Advisors must handle U.S. tax laws and UK residency rules, especially for Americans abroad or UK residents investing in the U.S.
Your advisor should be someone you trust for long-term wealth management. Ensure they are proactive, have a strong, accessible team, and are equipped to regularly communicate during market ups and downs.
Advisors often cater to specific asset scales (e.g., $1M+ or $5-20M+). Choose one whose client base aligns with your portfolio size. Look for testimonials, proven experience, and personal recommendations to assess their reliability.
Chapters:
01:26 – Understanding Financial Advisors: The Key Roles and Titles 12:45 – Navigating Cross-Border Financial Advice 19:49 – Understanding Client Expectations in Wealth Management 21:11 – Understanding Client Relationships in Wealth Management 29:57 – Understanding Client Relationships and Investment Management 32:17 – The Importance of Client Testimonials in Wealth Management
Disclaimer: This content is provided for general information only and does not constitute legal or other professional advice. Appropriate legal or other professional opinion should be taken before taking or omitting to take any action in respect of any specific problem. Collyer Bristow LLP accepts no liability for any loss or damage which may arise from reliance on information contained in this material.
The Role of the Wealth Manager in Your Financial Journey with Martin Heale & Janette Saxer from Schroders
In this episode, Aidan Grant is joined by industry experts Martin Heale and Janette Saxer from Schroeders to discuss the key factors in selecting a proactive and approachable wealth manager who can foster long-term relationships and weather the storm of challenging market conditions.
Choosing the right wealth manager is about more than just numbers; it’s about trust and communication. In this episode, Aidan Grant is joined by industry experts Martin Heale and Janette Saxer from Schroders to discuss the key factors in selecting a proactive and approachable wealth manager who can foster long-term relationships and weather the storm of challenging market conditions. This episode explores the nuances of obtaining accreditation and maintaining seamless advisory relationships across the UK and US. Learn about the importance of transparency and effective communication with advisors to ensure efficient tax planning, especially for Americans making the move to the UK, and the value of assembling a cohesive advisory team that seamlessly coordinates across jurisdictions. The role has many job titles – investment advisor, stockbroker, wealth manager, and financial planner to name a few. Discover how these professionals serve as the quarterbacks of your financial journey, orchestrating a team of specialists to ensure your diverse financial needs are met with precision and care.
Martin & Janette explain the art of selecting a wealth manager – one that not only provides value for money but also prioritizes long-term relationships and trust. They advocate personal recommendations and testimonials, bolstered by podcasts and LinkedIn, to provide a “try before you buy” experience. Navigating cross-border considerations can be a daunting task. Whether you’re new to investing or navigating significant wealth transitions, this episode is packed with expert advice to guide your financial journey.
Key Takeaways:
Titles like wealth manager, financial planner, or investment advisor often overlap. Pick someone who takes a holistic approach and coordinates specialists where needed.
Don’t just ask for performance; request **annualized returns** and compare them to relevant benchmarks. Ask about the **total expense ratio** to understand full costs. Ensure they are qualified in both U.S. and UK financial systems.
Dual-country clients need tailored advice for tax efficiency and legal compliance. Advisors must handle U.S. tax laws and UK residency rules, especially for Americans abroad or UK residents investing in the U.S.
Your advisor should be someone you trust for long-term wealth management. Ensure they are proactive, have a strong, accessible team, and are equipped to regularly communicate during market ups and downs.
Advisors often cater to specific asset scales (e.g., $1M+ or $5-20M+). Choose one whose client base aligns with your portfolio size. Look for testimonials, proven experience, and personal recommendations to assess their reliability.
Chapters:
01:26 – Understanding Financial Advisors: The Key Roles and Titles 12:45 – Navigating Cross-Border Financial Advice 19:49 – Understanding Client Expectations in Wealth Management 21:11 – Understanding Client Relationships in Wealth Management 29:57 – Understanding Client Relationships and Investment Management 32:17 – The Importance of Client Testimonials in Wealth Management
Please note that Collyer Bristow provides this service during office hours for general information and enquiries only and that no legal or other professional advice will be provided over the WhatsApp platform. Please also note that if you choose to use this platform your personal data is likely to be processed outside the UK and EEA, including in the US. Appropriate legal or other professional opinion should be taken before taking or omitting to take any action in respect of any specific problem. Collyer Bristow LLP accepts no liability for any loss or damage which may arise from reliance on information provided. All information will be deleted immediately upon completion of a conversation.
CB Checkpoint: Optimising your key business documentation, policies & procedures.
There are a number of key policies, procedures and documents your business should keep up to date, to be both legally protected and in preparation for investment or exit.
Collyer Bristow’s ‘CB Checkpoint’ team will give your business a full check-over, reviewing your key documentation and advising on any changes that are suggested or required. We will deliver a full report of our findings and offer support, should you need it, to ensure legal protection for your business, its assets, and ultimately its reputation.
CB Checkpoint: Optimising your key business documentation, policies & procedures.
There are a number of key policies, procedures and documents your business should keep up to date, to be both legally protected and in preparation for investment or exit.
Collyer Bristow’s ‘CB Checkpoint’ team will give your business a full check-over, reviewing your key documentation and advising on any changes that are suggested or required. We will deliver a full report of our findings and offer support, should you need it, to ensure legal protection for your business, its assets, and ultimately its reputation.
CB Comply: Data protection training
Collyer Bristow’s Data Privacy team offers live, interactive, engaging and practical training sessions on a variety of privacy-related topics.
Important change in Employment law
From 26 October 2024, employers have a new legal obligation to “take reasonable steps” to proactively prevent sexual harassment in the workplace.
Employers facing a sexual harassment claim will need to demonstrate the targeted measures they have implemented to comply with this new positive duty. Failure to comply may open employers up to both financial and reputational risks. Key measures include training staff and policy review/implementation.
Collyer Bristow's bespoke training is delivered by our experienced Employment lawyers in an engaging and informative way designed to ensure all employees in your organisation have a clear understanding of the new law (and the implications of it) to help you manage and prevent sexual harassment occurring in the workplace. We can then also review and/or draft all necessary policies and contracts, including those for clients and customers.
We work with clients across a vast range of industries supporting them through the full range of disputes. We provide dynamic and tailored strategies to get them back on track and focused on the day-to-day activities required for success.
CB Clarity: Pre and post nuptial agreement services
The purpose of a nuptial agreement is to agree a fair financial settlement between a couple in the event they get divorced/the civil partnership is dissolved, and it seeks to protect any pre- acquired assets such as inheritance, businesses or property and also seeks to deal with any future inheritance. Put simply, pre and post- nuptial agreements help to provide security, clarity and certainty in the future, for both parties.
CB Entrust: The personalised will writing service from Collyer Bristow
CB Entrust is not an off the shelf will such as those available on the high street, but a fixed price expert approach to writing one of the most significant documents of your life.
We work with property owners, investors, developers, funders and both landlords and tenants on the financing, growth, management and disposal of their property and portfolios.
We recognise that as each family office is unique in terms of culture, structure and scope, it is crucial to work with a multi-disciplinary team of trusted advisers with the ability to provide you with pragmatic and truly bespoke advice.
Our multi-disciplinary team has extensive experience advising clients on managing their investment portfolio whether this covers real estate, heritage property or private equity. When it comes to deploying capital, we take a commercial approach whilst striving to minimise the risk involved.
Helping those in the financial sector respond rapidly to market changes.
Now more than ever, your business needs to work with a legal team with a deep understanding of the changing financial markets which can provide you with practical, incisive guidance. Our work ranges from corporate finance, lending, and restructuring, to funding, regulation, high-value banking litigation and complex claims against financial institutions.
ENSURING THE BEST OUTCOME FOR BOTH SIDES OF THE TABLE.
Whether you are an investor or dealing with a private equity fund, our team delivers tailored solutions with a commitment to ensuring the best possible outcome for both sides of the table.
SUPPORTING THE ENGINE OF GLOBAL COMMERCE & INDUSTRY.
We have a long history of supporting the manufacturing and logistics sectors. Our clients come from such diverse sub-sectors as FMCG, automotive, medical devices, digital technology, food & drink, construction, beauty and fashion. Whether you source or process raw materials, manufacture parts or products, or transport and store the goods, we have the sector and legal expertise you need.
Across our various specialisms we work with clients and contacts based in countries all around the world. However as a firm we maintain a particular focus upon; have a cultural awareness and language expertise in; and have built considerable professional contacts in Italy, USA, Turkey, Channel Islands, and Switzerland.
All of us have at least part of our lives online and in digital assets such as emails, social media profiles, cryptocurrency and online bank accounts, to name just a few. The law recognises that digital assets can be owned. However, there is no consistency between assets and you may find that some of your most valuable assets are mere licences to use a third-party provider’s service. This has significant consequences when attempting to access, manage and transfer digital assets after death.
As well as the obvious benefits to both employers and employees of continuing to combine working from home with going into the office and more flexible hours, there are employment law and other legal implications that employers will need to consider. Each organisation’s requirements will be slightly different.
The metaverse. Artificial intelligence. E-sports. Cryptocurrency. Traditional business models and industries have either been or are being disrupted by digital innovation, paving the way for new opportunities and changing “the way that things are done.”
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