Divorce Financial Planning for HNW’sPresented by Paul Gorman APFS

Paul Gorman APFS

A bit about Paul

• Chartered Financial Planner• Certified Financial Planner• Resolution Accredited

We look to remove the complex and confusing with a straightforward and transparent approach to financial planning that is effective, reliable and affordable.

Our focus is on developing, building and maintaining, long lasting, trusting and close relationships, centred around regular financial planning and strategy meetings.

The Beaufort Group of Companies

The Group

The Beaufort Group is a new Financial Services group, formed in 2012, with a unique and highly governed operational platform. It comprises:

• Beaufort Planning• Beaufort Investment Management • Beaufort Consulting

Beaufort Planning operates from 10 locations and is structured around a professional services structure favoured by other professions. Each location has a Practice Principal who is the Beaufort Partner responsible for all of the location’s activities.

Beaufort operates a fair value exchange policy with its clients, meaning the only income we accept is from the client. Our fee agreements are transparent, cash based and reflect the level of service agreed with the client.

We can do all of the standard Divorce Planning work:

And more………

Implement Sharing Orders

Liaise with actuaries

Protect maintenance payments

Replace employee benefits for ex-spouse

Provide investment solutions and advice

Advise on tax consequences

Our Divorce Financial Planning Programme

Reliable, Repeatable, Consistent

It’s a six step process

Discover

Analyse

Test Drive

Plan

Implement

Review

Discover:

Step One

• Fully understand clients short, medium and long term priorities

• Ascertain their values about money and life and what motivates them

• Assess information gathered• Gather additional & supporting data

Discover

Analyse

Test Drive

Plan

Implement

Review

Analyse

Step Two

• Examine all financial data• Build a comprehensive picture of current

financial position• Compile and present complete picture of

current financial position

Discover

Analyse

Test Drive

Plan

Implement

Review

Test Drive

Step Three

Present “what-if” scenarios for a number of different settlement options.

Helps clients picture their post-divorce lifestyle and work towards a settlement that will enable it to be feasible.

Show clients with accuracy a financial forecast to the point of their eventual death.

Tailor a settlement to the investment risk profile of the client.

Provide robust data and analysis, prepared and signed off by a firm of professional financial planners.

A parallel track of advice.

Discover

Analyse

Test Drive

Plan

Implement

Review

Plan

Step Four

• Construct a solution centred around clients needs and aspirations

• Based upon assumptions client has agreed and having test drove

• Ensure it is robust enough to cover catastrophe’s

Discover

Analyse

Test Drive

Plan

Implement

Review

Implement

• We can ensure a settlement is implemented effectively and efficiently

• Inform and educate your client on what will happen and why

• We will manage the whole process to conclusion

Discover

Analyse

Test Drive

Plan

Implement

Review

Review

Step Six

• Ongoing service, advice and support• Regular monitoring and reporting• Client focussed, reliable and consistent

Discover

Analyse

Test Drive

Plan

Implement

Review

A Complete Programme for HNW Clients

Reliable, Repeatable, Consistent

It’s a six step process

Discover

Analyse

Test Drive

Plan

Implement

Review

Thanks for Listening….Your Thoughts ?

Your Thoughts ?

Beaufort Planning is a trading name of Beaufort Financial Planning (West Midlands ) Ltd. Beaufort Financial Planning (West Midlands) Ltd is an appointed representative of Beaufort Financial Planning Ltd which is authorised and regulated by the Financial Conduct Authority.