Managing another person’s assets
Look after the best interests of other people’s assets held in a Trust, Lasting Power of Attorney, or Deputyship. Ensure you fulfill your significant duties and responsibilities – remain compliant with the advice of experiences professional advisers.
What is managing another person’s assets?
You are managing another person’s assets. These assets are likely to be held in a Trust, or you have been appointed Lasting Power of Attorney (LPA) or act as a Deputy. You are required to protect the interests of another person, so you will have a number of duties and responsibilities and would benefit from the advice of a qualified professional. You will be looking to ensure that you are making the right decisions for the beneficiary’s financial future and are avoiding any costly mistakes.
- How can you cope with your legal duties and responsibilities?
- How can you make the right decisions for the benefit of those for whom you are responsible?
- How can you make the assets for which you are responsible last as long as possible?
- How can you make smart investment decisions?
Managing another person’s assets – who we work with
We provide financial planning for the following, who are managing another person’s assets:
- Trusts – trustees managing family trusts and personal injury trusts
- Lasting Powers of Attorney (LPA)
Our financial planning service is designed for those managing assets greater than £200,000.
“We choose Woodruff Financial Planning after a lot of research because of their professional, friendly attitude when answering our initial questions. Since investing a significant amount of money with them, we have been consistently impressed with their management of our portfolio. We receive regular performance updates and then a follow-up call soon afterwards to answer any questions we may have.I would have no hesitation in recommending this company to anyone looking for trustee investment advice and management from a team of friendly professionals with a genuine interest in ensuring we make the best, well informed decisions to grow our investment.”
James Nunn, Trustee
FULFILLING YOUR RESPONSIBILITIES
Gain peace of mind about the money that you manage and be confident that any investments are going to deliver practical results based on proven strategies.
MAKING SURE THAT EVERYTHING IS COVERED
You may be faced with a number of different choices and the decisions you make will have a profound affect on the beneficiary’s long term financial security. We take you through the options available to you and help you to make the decisions that best suit the beneficiary’s short and long-term needs.
ENSURING THEY ARE PROVIDED FOR
The rules surrounding trustee investments are complex. As a trustee you have many responsibilities to look after the needs of your beneficiaries and to diversify assets. We help you to ensure that you are carrying out your duties and ensuring that their financial future is secure and that they are being provided for in the best way possible.
GROWING THEIR WEALTH
We will manage their investments so that you can feel 100% confident that the right decisions are being made on a consistant basis that will ensure the long term growth of the beneficiary’s assets and security of their financial future. We are regulated experts with a proven track record for growth.
LET US SAFELY GROW THEIR ASSETS
We make sure that any investments are diversified and risks are managed.
Welcome to our Prosper service.
Our goal is to help you achieve your full potential using our award winning financial planning and wealth management services.
We believe that everybody deserves to live a secure and fulfilled life and this belief is what our Prosper service was built around.
The service focuses on three main areas…
Our Prosper service is designed to help you gain complete clarity over your present and future financial positions. We use our planning software to show how different scenarios will affect your long-term security.
By developing a comprehensive Financial Plan, we enable you to take control of your finances and focus on getting you to your goals as quickly as possible.
With a Financial Plan in place, you can sit back and relax, safe in the knowledge that your money is being looked after by regulated experts with a track record for growth and a genuine dedication to customer care.
What do our clients have to say about us?
HAPPY WITH SERVICE AND INVESTMENT RETURNS
“Woodruff Financial Planning have been advising me and my fellow trustees for the last ten years to give us an excellent balance of income and capital growth. During this time the markets have been difficult, however with their expert help we have been very happy with service and returns we have received. I would recommend Woodruff Financial Planning to anyone looking for expert financial advice.”
Peter Motion, Trustee
"Clear and constructive advice tailored and flexible to our needs and requirements."
"You keep in regular contact, and communicate well."
"You make us feel valued."
"You take the time to understand the client."
of our clients say our advice is easy to understand
of our clients say they get value from our service
of our clients say we care about their needs
of our clients say they are "extremely happy" or "very happy" with our service
of our clients would recommend us to a friend
of our clients say they trust us to look after their best interests
Designed with you in mind.
The discovery meeting allows us to find out about you and also helps you to decide if you want to work with us. We ask a series of questions to understand what’s important to you, and what your primary goals are for the future. We use visualisations to explain the Financial Planning process so you can evaluate how it could benefit you. We send you a Service Proposal to explore the issues from this meeting and explain how our service will work for you.
In the fact find meeting we gather the data we need to understand your finances. We conduct a comprehensive data analysis of your income, expenses, assets, and liabilities, so we can examine current and future spending patterns. We need comprehensive details to fully evaluate your position so we can plan for your future. We help you to make sense of your money and fill in any gaps in your data. We will follow up with further queries to your product providers.
Your financial plan examines your current finances, based on reasonable assumptions about the future. We assess possible gaps in your planning you might not consider, so you can be in a more secure position. We compare the current position with different scenarios, so you will immediately see the benefits of any improvements we have recommended. This is a highly collaborative and interactive stage and puts you at the centre of your financial decisions.
Your financial plan will give you a series of recommendations to improve your financial security, and also work towards a better lifestyle. With a clear financial plan in place to achieve your goals, we can implement an investment management portfolio or arrange any appropriate financial products to meet any needs we identify. We'll do the administration so you can sit back and relax as we work hard to help you achieve the life of your dreams.
REVIEWING YOUR PLAN
You will receive regular contact from us with investment valuations every 3 months (although you also get access to our portal for daily valuations if you prefer). You will be offered at least one annual meeting to review your Financial Plan and investment portfolio, making the necessary adjustments for your current circumstances so that you remain on track to achieve your goals. We'll also update you with tax data, and make sure you use tax allowances as early as possible for maximum benefit.
Get your free mini guide on
Managing Another Person's Assets
This FREE Mini Guide is perfect for you if you are planning to take on managing another person's assets as a trustee, attorney, or deputy.
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Unit 5, Park Lane Business Centre, Park Lane, Langham, Colchester, Essex CO4 5WR
A DIFFERENT APPROACH
We focus on so much more than just your financial planning. We aim to help you reach your full potential, achieve your goals and help you live the life of your dreams.
Click below and discover our Prosper service.