Howard Wright FAQs

 

 

Our FAQs

Please find below our most commonly asked questions regarding financial planning, our industry, and our service proposition.

If you have any questions that you would like to discuss with a member of our team directly you can phone us on 0345 688 4939 or email us at [email protected].

To answer the question of what should my financial adviser be doing, you need to think to yourself, what are they are doing today for me and what have they done previously to justify their ongoing fee.

The following points below are the key areas where your adviser should be adding value.

Communication

Regular communication is key to a successful financial plan to not only keep you informed as to how your plan and investments are performing but to also ensure your adviser is keeping up to date with any changes to your circumstances and regulations within the financial services industry.
At Howard Wright as part of our Portfolio Management Service, we send our clients a weekly and monthly performance update via our eshot service, to keep you constantly informed as to how your investments are performing.

Performance

Performance is key to any successful financial plan, your adviser should regularly inform you of how your investments are performing and how they have performed compared to the relevant benchmarks. If your investment portfolio is underperforming the relevant benchmarks, then questions need to be asked.

Regular Reviews

Your financial plan and investments should be reviewed on a regular basis to ensure you are on track to achieve your objectives.
At Howard Wright our Clients receive at a minimum of one Review meeting per year, increasing to three meetings depending on the value of your investments under management.

Forward Thinking

Your adviser should be forward thinking, always looking to bring new ideas to the table and improvements to your ongoing service, this is to ensure you have the best client experience as possible.
At Howard Wright its of our opinion that you need to constantly develop your business and proposition, to stay ahead of the curve and provide the best financial advice possible.

How to Contact us

To discuss your financial planning with one of our Chartered Advisers, you can call us on 0345 688 4939 or email us at [email protected].

We also have any enquiry form here.

Our Chartered Status is the highest accreditation possible for a firm of Financial Advisers and is an assurance we operate to the highest standards.

We look forward to hearing from you and seeing how our financial advice can help.

The most common reasons for being unhappy with your financial adviser are the following examples.
• Lack of Contact
• Insufficient investment Performance
• Poor or not suitable advice provided
For many people it can be difficult to query their financial adviser as it’s a very technical industry and most clients don’t have the same level of understanding as their adviser.
What we would say at Howard Wright is that, if something doesn’t feel right then it usually isn’t.
If you feel that you aren’t receiving the service you used to, you feel that you aren’t getting value for money, or your investments don’t seem to be performing well, then you should definitely consider changing advisers.

How do I change my Financial Adviser?

To change your Financial Adviser all you need to do is put it in writing that you wish for your service to cease. Should you already have a new adviser that you wish to use, then they should be able to do this for you.

Its important to bear in mind that there may be charges applicable for ending your service agreement with your adviser. At Howard Wright we would recommend you go through any service contracts you were provided with previously when you signed up, as these should be able to answer this question for you.

What if I don’t have a new Adviser Can Howard Wright help me?

At Howard Wright we often receive enquiries from members of the public asking if we can help them with their financial planning and the management of their investment portfolio moving forwards, as they are unhappy with their current adviser.

To help these individuals we look to have a free initial consultation with them to discuss their financial planning and why they aren’t happy with their current adviser.

Once we have established why they aren’t happy with their adviser, we then discuss how we can help them and what our approach would be moving forwards in managing their finances for them. 

The Next Steps and Full Financial Review

Should you be happy with our initial meeting we would then look to undertake a full financial review of your investments and your previous financial plan.

If your adviser hasn’t been up to standard previously, then it’s likely that they will of most likely missed out key areas within your financial plan.

Once your financial review has been completed, a recommendation will be provided to you as to how we can manage your investment portfolio moving forwards.

How to Contact us

To discuss your financial planning with one of our Chartered Advisers, you can call us on 0345 688 4939 or email us at [email protected].

We also have any enquiry form here.

Our Chartered Status is the highest accreditation possible for a firm of Financial Advisers and is an assurance we operate to the highest standards.

We look forward to hearing from you and seeing how our financial advice can help get you back on track. 

Most Financial Advisers charge an initial and ongoing fee for their services.

There is no set rule for what a financial adviser can charge you for their services, the initial and ongoing fee amount is left to the adviser to decide what amount they wish to charge.

There are two types of Fees Initial and Ongoing Fees.

Initial Fees

Initial fees are charged usually when a new piece of business is transacted to cover the costs of the research and administration of producing your recommendation report.

At Howard Wright our initial fees are capped at £4,000 this means you won’t pay anymore than this for any business that is transacted.

Ongoing Fees

At Howard Wright, our ongoing fee is 1% per annum of your total funds under management.

How to Contact us

If you would like to discuss financial planning with one of our Chartered Advisers and how we can help you. You can call us on 0345 688 4939 or email us at [email protected].

We also have any enquiry form here.

Our Chartered Status is the highest accreditation possible for a firm of Financial Advisers and is an assurance we operate to the highest standards.

We look forward to hearing from you and seeing how our financial advice can be of assistance.

Most people should have a Financial Adviser because they can provide you with essential advice on the following areas.

  • Retirement Planning
  • Mortgages
  • Investments
  • Protection
  • Estate Planning

Its recommended you seek advice from a financial adviser when making important financial decisions as many of the decisions you make will have a lasting impact on your life, resulting in certain consequences due to these decisions.

This is why a professional opinion is so important, as a financial adviser will be able to weigh up all the options available to you and recommend the most suitable option based on their experience and understanding of the product / service area.

Areas in particular such as Retirement Planning, really should have a professional opinion as the decisions you make when retiring will have a lasting impact on your income for the rest of your life and what you would be able to leave behind for your children.

At Howard Wright we have been awarded with the Chartered Status, this is the highest accreditation possible for a firm of Financial Advisers.

How to Contact us

To discuss your financial planning with one of our Chartered Advisers, you can call us on 0345 688 4939 or email us at [email protected].

We also have any enquiry form here.

Our Chartered Status is the highest accreditation possible for a firm of Financial Advisers and is an assurance we operate to the highest standards.

We look forward to hearing from you and seeing how our financial advice can help.

“I have been looked after by Howard Wright for many years now and would say without any hesitation they have been excellent. Now retired, the advice I receive from Gareth Robinson in his updates and annual visits are invaluable. I would recommend them 100% without any doubt whatsoever”

Testimonials

Contact us

Call Us

Visit Us

6 Oaktree House
Oaktree Rise
Codsall
WV8 1DT

Howard Wright Enquiry Form

Start planning your financial future today.

Call us on

0345 688 4939