Running a successful business takes time, commitment, hard work and determination. This means that business owners have little time to think about their own financial objectives, or the protection of the business they have created. As a result, planning your own and your employees' financial security becomes neglected or often completely overlooked.
As a director, it is important to look after your own increasingly complex personal financial affairs. Careful planning is key to ensuring financial security over the longer term, and advice from a wealth management specialist can help you meet your visions and goals while concentrating on managing the business.
Corporate Planning
The death or serious illness of a key director or employee can have far-reaching or even disastrous consequences for a business. It can result in:
Having the correct insurances including Key Person Insurance and Shareholder Protection in place and making sure that they are regularly reviewed and updated as your business changes can be a particularly onerous task.
As part of our corporate service, we will undertake an in-depth review of your business and work with you to implement a tailored insurance programme to help protect your business from a wide range of risks.
Employee Benefits
Having an effective benefits strategy that is clearly communicated and appreciated by your employees can really help you to retain and recruit high-calibre employees.
We spend time fully understanding your business to determine how a cost-effective strategy can fit with your business plans before making a recommendation. We will provide you with advice from a range of product providers carefully selected and monitored by St. James's Place.
This advice would include:
Whether you are an employer or are self-employed, we are able to provide expert and professional advice, which focuses on helping you protect your business and consider any implications your business may face.
We offer professional, tailored, face-to-face advice based on your current circumstances and future aspirations. Start your journey today with St. James's Place.