Our Client Proposition

PFP Wealth Group Ltd is a leading advice Practice within St. James's Place (SJP), with offices in the Cotswolds, Northern Ireland, the Wirral and Yorkshire. Our team has many years of experience supporting clients in achieving their financial goals. Our Client Proposition starts with a plan, followed by diligent plan management. As a Senior Partner Practice of St. James's Place, we specialise in creating a Personal Financial Plan. We want to understand what’s important to you with a plan that has your world, goals, and aspirations in mind so that you and your family can continue to enjoy life regardless of what lies around the corner.

Putting time on your side

Have you ever considered why people need a Financial Plan? It is so that you and your family continue to enjoy the life you desire regardless of where life takes you, in order to give you financial certainty. So why don’t people plan? In the past, centuries of culture dictated that humans tended to live very much in the moment and needs were focused on survival above all else with little requirement to plan for a long life. Two things have changed this.

Increased longevity: On Census Day in 2021, there were 13,924 centenarians living in England and Wales, a 24.5% increase from 2011. At the time of their birth (1921), the number of centenarians in the population was 110, a 127- fold increase¹.
Increased family wealth and assets means that £5.5 trillion will be passed between generations over the next 30 years².

What does a good Financial Plan achieve?

A Financial Plan helps our clients (and their families) -
Avoid paying unnecessary taxes,
Reduce the risk of inflation to their capital,
Help to understand what needs to be done today towards achieving the ideal future,
Ensure their investments are in line with their beliefs and values,
Clear personal cash flow forecasts of their financial future,
Protect against the risks.

A good Financial Plan provides peace of mind and works away in the background as you get on with the here and now.

This is what we mean by ‘putting time on your side’.

The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.

4-Stage Process

Stage 1 – Understanding your World

We need to understand you. Your values. What makes you tick. Your hopes, aspirations and fears for yourself and your family.

Through this process, we will work with you to consider all the moving parts of your financial world and what plans are already in place.

Priorities will emerge that will become the bedrock of your Financial Plan.

Stage 2 – Building your Plan

Using information from stage 1 and existing plans, we will research the best options available which will aim to achieve your goals.

It is not a wish list but a set of realistic solutions considering affordability, investment beliefs and your values.

It is a plan personal to you.

Stage 3 – Agree your Plan

We present our proposals to you and recap the areas discussed.

We take the time to ensure you fully understand how the plan will help you achieve your objectives and make any adjustments needed.

We like plain English, so don’t worry – no jargon! A Financial Plan can be complex, but our approach is simple.

Stage 4 – Implement your Plan

What it says on the tin. It’s not the fun part, but care with paperwork and applications is a very important and crucial final stage of the advice process.

Looking after your Plan

Your plan needs to be taken care of. If not, over time, it risks becoming outdated and out of step with your changing circumstances.

Think of it like a car that receives a regular service. Look after the car, and it will look after you. A Financial Plan is no different.

Your plan needs to be protected against an ever changing world. We call these the three ‘R’s. We Repeat the four-stage advice process, Respond when changes occur and Reassure when the best thing to do is nothing.

Our commitment to you is underpinned in our ‘Client Service Charter’. This is our agreement with you that details what you can expect from us and the personal and online services available on an ongoing basis.

And finally…

Your plan is personal to you, but it stands on the shoulders of giants. It is vital in this ever-complex world that you feel your plan will deliver the outcome you expect.

You can rest easy.

SJP is one of the UK’s largest financial advice companies, trusted by nearly 1,000,000 clients to look after over £179bn of their money³. They are proud to have been awarded ‘Organisation of the Year’ at the Excellence in Customer Service Awards 2024. SJP’s expert Investment Committee meets regularly and ensures they are continuously selecting from the best investment managers, monitoring their performance and making the necessary changes.

A specialist team work tirelessly to ensure all aspects of your plan are covered. This includes:

Technical support services,
Handpicked third-party product providers,
High-quality investment analysis and governance,
High level of data security and protocols,
Online support services – such as Online Wealth Account management and Qwil Messenger secure chat facility.

We are so confident in our proposition to you that our advice comes with an Advice Guarantee underpinned by St. James's Place. St. James's Place guarantees the suitability of the advice given by members of the St. James's Place Partnership when recommending any of the wealth management products and services available from companies in the Group, more details of which are set out on the Group’s website at www.sjp.co.uk/products.

A wonderful blend of personal, bespoke services and big corporate protection.

¹ Source: 19 September 2023 ‘Centenarians living in England and Wales in 2021’ produced by the ONS.

² Kings Court Trust (2022), discover more about intergenerational wealth transfer.

³ Data correct as at 30 April 2024.