In today's tech-driven landscape, professional service firms have a prime opportunity to elevate the value they deliver to clients through comprehensive wealth management solutions.

At Futurum Financial Advice, we collaborate closely with Accountants & Tax Advisers, empowering them to offer their clients a bespoke, tech-savvy advisory experience. Leveraging the robust infrastructure and expertise of St. James's Place, a leading Wealth Management firm in the UK, we provide tailored solutions that merge personalised service with cutting-edge technology.

How Futurum Financial Advice can add client value:

Harnessing our in-depth understanding of tax structures and wealth management, we deliver a suite of complementary services spanning investment planning, pension strategies, tax optimization, estate planning, and personal and business protection.

We prioritise each client's unique needs, ensuring a bespoke approach that complements the advice provided by professional service firms. Our goal is to achieve the best outcomes for our clients and their businesses by integrating modern tools and strategies into our advisory framework.

Although the following case study relates to an actual example, where we have helped our clients by providing solutions to their financial problems, the names have been changed for confidentially purposes. 

Case study example: Transforming Profit Extraction Strategies with Tech-Driven Solutions

Consider Joe (45) and Helen (55), directors of a successful company with a valuation of £1.5m and annual net profits of £320k.

Facing the challenge of optimising profit extraction while minimising tax liabilities, Joe and Helen sought our expertise. After conducting a comprehensive financial review, we devised a multifaceted plan tailored to their specific circumstances:

Utilising pension carry forward rules, we enabled them to make substantial pension contributions through company funds, yielding significant Corporation Tax savings.

To address concerns about business succession and inheritance tax, we recommended business protection, cross-option agreements, and business trusts to provide a seamless transition period should either owner of the business passed away.

We facilitated tax-efficient investment planning, maximising the utilisation of CGT annual allowances and establishing a tax-deferred income stream.

Recognising the potential impact of excessive cash reserves on the company's trading status, we explored alternative investment avenues to optimise returns and mitigate risks.

Our recommendations were grounded in a thorough evaluation of Joe and Helen's needs and circumstances, showcasing our commitment to tailored, tax-efficient solutions.

While investments with St. James's Place are subject to market fluctuations, we leverage technology and modern strategies with a goal to navigate risks and optimise outcomes for our clients.

Taxation policies and investment landscapes may evolve, underscoring the importance of ongoing adaptation and personalised advice tailored to individual circumstances.

The advice provided to Joe and Helen was given after a full evaluation of their specific needs, circumstances and requirements. The solutions provided would not be suitable for most investors and the information provided does not constitute advice. 

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.

The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief is generally dependent on individual circumstances.