Personal Wealth ManagementYour money, your peace of mind.
We can help you devise your most efficient and rewarding financial plan for your investments, pensions, retirement and inheritance planning.
We offer a Discretionary Advisory Service that incorporates financial planning, portfolio management and other aggregated financial services for private individuals.
With our help, we can enhance your financial situation to achieve your short-medium and long- term aspirations. We will sit down with you and work through the financial goals that you would like to attain. We will then put together an investment strategy to help you achieve these goals and realise you and your family aspirations.
Wealth Accumulation / Planning for Retirement
Jenny is a high rate tax payer and lives with her family, husband Damian and their 11 year old daughter Alice. They have a large mortgage with a 60% balance outstanding. Jenny first contacted Moyes in 2012, when we advised her on some tax and income impliations on a property investment. It was not in Jenny’s interest to move forward with us at that the time and we were honest and told her so. Accordingly, we didn’t not charge her for the consulation and simply asked her if she would bear us in mind at a futher date if and when she needed some more advice. Some 18 months later, Jenny telephoned again, this time to assist with a mortgage application and a life protection policy.
We are still working with Jenny and Damian today and helping them with a ‘ life plan’ . We strongly encourage all of our clients to consider drafting this and then sharing their vision with us. It helps us assess your ‘attitude to risk’ as we get to know our clients on a more personal level.. It also helps us steer you towards your aspirations and encourages you to try and plan financially for a more secure future. Of course, we all know lifes path is never a straight one but there are certainly milestones and goals we will work hard with you to help you reach.
Jenny & Damian’s focus now is on their pensions and we have helped with assessing how much is contributed into their company scheme and what is the most tax efficient way for them to do so. Working with an accountanct we have also been sucessful in gaining a rebate for Jenny from HMRC. We are also working on additonal tax planning for other income streams while maximising their annual Stocks and Shares ISA thresholds as they intend to cash some of these in for hopefully Alice’s university fees.
Wealth Preservation / Planning for Retirement
Hi Catherine, when you came to Moyes Investments did you already have an active portfolio?
Yes, I’d been working with another IFA but I didn’t think I was getting a particularly good service. I needed a fresh pair of eyes to look at my investments, and to start working with someone who’d be dynamic with my portfolio.
What made you decide Moyes Investments was the right company to help you?
When I met up with Antony Moyes, I liked him and had faith in his ability. Having asked me all sorts of questions about what I wanted and the money I had to invest, he made some recommendations that made absolute sense to me. I take an active interest in financial planning, I don’t simply hand things over to an IFA and say, ‘Do what you will!’. What Antony was suggesting made good sense and I trusted he would do a good job.
What were your financial goals at the start of the process?
It was to make the very best of the pot of money I had. The most sensible suggestion Antony made was that I should move everything over into an ISA. I had ISAs already, but I had lots of other funds too. Antony helped me make better use of the ISA allowance and whittled down the unit trusts that I had. He made changes that were tax efficient. Ending up with investments that are tax free and where you can take an income tax free is great. It was a no-brainer once Antony pointed it out to me. It’s interesting though, as this hadn’t been suggested as a key investment strategy before I met Antony.
Was there anything about the service you received that particularly impressed you?
From the beginning, I’ve always felt that somebody is actively watching my portfolio. I didn’t get the feeling that he’d just choose some funds for me, leave my money there and forget about them. Even at our first review, I could see things were moving in the right direction. Now Antony is a Discretionary Fund Manager (DFM) I know he can be even more agile with my portfolio. Their Investment Committee meet monthly and monitor all clients’ portfolios so I know my money is being carefully watched, I didn’t have that peace of mind before!
Would you recommend Antony and Moyes Investments to other people looking to invest for their retirement?
I wouldn’t hesitate to and not just for their retirement purposes. I’m very happy with what Antony and the rest of the Moyes team have done, they’ve been brilliant. I love that they are attentive and you get through to an actual person. I live over 150 miles from their offices but they are always completely accessible. I receive quarterly updates from Moyes and I have mobile numbers too if I want to discuss or query anything.
I’m 61, so I’ll be getting my pension and finishing work in the next few years. Antony always looks at the whole picture, never just the investments. He takes a holistic view, and he’s looking to my future and helping me to provide for my life in the best possible way.
Since we secured our Discretionary Fund Management permissions earlier this year, Catherine investments are monitored by our Invesment Committee. Our DFM status assures you, that a qualified and highly experienced advisor is handling your money. Having someone adept at moving in volatile markets, and with the knowledge of how to handle tricky times is invaluable.
Making a difference
To switch funds or move any money, an IFA must seek permission from their client each and every time – and the time delay of getting a response can mean chances are missed. At Moyes we have DFM powers so that critical time can be saved. You give us this authority at the beginning of our working relationship and we can then respond to any changes or seize any opportunities swiftly on your behalf. *Just over 5% of East Anglia’s IFA’s have DFM Status. Moyes Investments is proud to be one of them.
The need for speed
Being fast and proactive is the name of the game for DFMs. The investments they manage are on customised portfolios so that clients can be switched to another fund or strategy easily. This gives a tactical advantage to the DFM, who will be constantly looking at the markets to maximise the return of their client’s portfolios. Coupled with the personal client care that Moyes Investments guarantees, it’s an active strategy we’re excited about rolling out to secure the best possible results for all of our clients.
Monitoring the situation
With stringent regulation in place it’s safe to give your DFM this level of access to your portfolio. Moyes Investments will be operating under the watchful eye of 2 appointed Investment Fund Managers and an investment committee who meet monthly to check the funds and make sure we’re maximising the opportunities for our clients.
- Source – Three Sixty/Pam Dirctory 2016/2017
Wealth Preservation / Planning for Retirement
Deborah is retired and in her mid-60’s and like a lot of our clients is concerned about her money lasting through her retirement. She lives on her own and does not have a mortgage. Prior to becoming a MOYES INVESTMENT client a few years back, Deborah was with another Independent Financial Adviser and was used to a reliable, but more of an ad hock service, where she felt her investments were not checked as often as she would have liked. Deborah was concerned about her investments** and their underlying value and wanted more attention and managment given to her money.
She also wanted to talk about her overall income and what could be done to reduce her income tax if possible. Deborah had a buy-to-let property, some Stocks and Shares ISA’s and some other liquid assets. Inheritance Tax* also came to the table as we looked at the overall picture for her.
We again reviewed her current overall situation, including all of her assets and we then moved on to what Deborah enjoys doing and dicussed her aspirations for the future.On discovering she is a fan of the Theatre and enjoyes socialising with her friends, (which includes mini-break weekends!) we were able to help her establish and receive an income she needed to maintain this life-style.
We offered Deborah our Discretionary Managment Service and assured her of our signature hand-held client care where with a dedicated Investment Committee, we check and monitor clients funds each month. With stringent regulation in place, it’s safe to give us this level of access to your portfolio.
Moyes Investments operate under the watchful eye of 2 appointed Investment Fund Managers and our Investment committee meet monthly in our Cambridge office to check the funds and make sure we’re maximising the opportunities for all our clients. Our DFM status means we can adjust clients funds much more quickly and efficiently, if required.
*The levels, bases and reliefs from taxation are subject to the individual circumstances of the Investor.
**It may be difficult to sell or realise the investment, or obtain information about its value, or the extent of the risks to which it is exposed. As property is a specialist sector it can be volatile in adverse market conditions, there could be delays in realising the investment. Property valuation is a matter of judgement by an independent value therefore it is generally a matter of opinion rather than fact.
Past performance is not a guide to future performance and should not be used to assess the risk associated with the investment