I set up rockwealth Lake District as, based on my background and qualifications, I have a very specific view of what I think best practice looks like within Financial Planning, and I wanted more freedom to be able to provide advice for my clients in the manner that I feel serves them best.
To me, proper financial planning always starts with one question. What is the money for?
The pensions, investments, salary, and savings, are just tools to get you from where you are to where you want to go, nothing more, nothing less. Until we know exactly where you’re trying to get to, I can’t tell you how best to get there.
Until I know everything about you, your family, and what you want the rest of your life to look like, I have no right to be recommending any products or investments to you. Once I know what we are trying to achieve, I can then put a plan in place to help you achieve those goals. As part of the plan, I may recommend pensions and investments etc, and if I do, these recommendations will be based on detailed research and academic evidence to ensure that we are doing everything we can to help you make your goals a reality.
When done properly, real financial planning can change people’s lives for the better, and I set up rockwealth Lake District to bring this kind of planning to the Lake District.
How our fees compare
At rockwealth, we understand that transparency in pricing is key. Our fixed-fee structure is competitively positioned, neither the cheapest nor the most expensive, but always clear and predictable. For instance, with an implementation fee of £2,500, our rates are often more favourable than those of peers charging a 3% fee on investments exceeding £83,334.