What does it do?
It gives the Board of Trustees a structured basis to running Trust funds and balances the financial needs of the beneficiaries. It also identifies and mitigates potential risks that could knock the Trustees off track.
Who’s it for?
Professional and lay Trustees who want to work closely with an adviser who has the experience and expertise to consider the wider picture of investment, taxation and mitigating risk.
How does it work?
Through many years of experience advising Trustees we have developed a consultation process that combines common sense with the essential technicalities that need to be considered.
What’s the result?
All parties will have a sound understanding to work from and a clear statement of investment objectives to work towards. Whatever the Trustees’ approach to achieving their financial goals, there will be an assessment of where you are on the path to performing the legal duties and a clear audit trail of the decisions made. We take care of implementing the plan and assist you with the paperwork, whilst our regular review meetings will give you the best possible chance of achieving the Trust’s aims.
What does it cost?
Our fees are straightforward, transparent and competitive. Our first two meetings together will be without obligation or expense so that we can get to know each other. From these meetings we can jointly establish what value we can add to working with the Trustee Board. Only following these meetings and an initial assessment do we formalise our fee and review structure. Any next steps will be fully explained before any chargeable work is carried out.
Agreeing an investment strategy to meet the Trustees’ legal responsibilities whilst removing the burden of administration are the two key parts of our service. We understand the complex decision making involved and support the Trustees through the process initially and ongoing.
Ian Farrer, Head of Trustee Services