* Your home may be repossessed if you fail to keep up repayments on your mortgage.
* The value of investments and pensions can go down as well as up and you may get back less than the sum invested.
Our fees depend upon the amount of work we do but will be no more than £750 for mortgages (this will be in addition to any commission from the lender). Alternatively, our fees will be no more than £1000
(with any commission from the lender refunded to the client).
What we do:
We offer expert professional advice in 2 main areas.
1. Wealth Management Service - this includes investments and pensions advice.
2. Mortgages and Insurance
At Total Financial Services we take note of our clients' needs and aspirations and will look at overall financial requirements including a full evaluation of any existing financial products.
We perform a full risk assessment on any financial products which our clients may already have. We then take full account of our clients' requirements over both the long term and short term.
We check that any financial arrangements are tax effective.
We also look at fund performance and fees with the aim of minimising fees whilst maximising performance.
Insurance and Mortgages
Total Financial Services will check that your individual requirements are being met and that any current arrangements are cost effective.
Payment for Services
Wealth Service Management
We currently offer two flexible methods of paying for our investment advice.
Option 1 - fees paid by cheque or from product
Option 2- fees paid using a combination of option 1 and 2
Once our advisor has assessed your individual requirements an exact quotation will be made available.
Personal Wealth Review
At a prearranged meeting we will complete a full review of your pension and investment portfolio taking into account your present circumstances and future aims. We will also give you a full explanation of the products we recommend answering any questions you may have. We will explain any risks associated with various products and we will take into account the level of risk acceptable to our client. We will then outline ideas to improve your financial position. We will review the current performance of your portfolio providing a full investment overview including the amount invested, current value, investment strategy and fund performance. We will ensure that you are informed of any regulatory changes which may affect your financial postion. At the conclusion of the review you will be offered the option of further appointments as well as having unlimited telephone, email and website access to your advisor.
* the timing of future reviews will be agreed from the commencement
* any further costs for ongoing services will be agreed in advance
* we may also be required to charge for other additional services as required.
Insurance and Mortgage Advice
Total Financial Services provide comprehensive reviews for clients requiring Insurance and Mortgage products. Our review meetings are designed to address all aspects pertaining to insurance cover and mortgage needs.
Firstly we will review your present situation before going on to establish what your future requirements might be. We will then outline suitable products taking time to fully explain your various options.
We will look at your present mortgage and establish if we can suggest ways of saving money. We will also take a comprehensive look at your insurance needs in order to establish whether you are adequately covered or if your needs have changed.
As part of our comprehensive review process we will keep you abreast of any regulatory changes which may affect you.
You will have the option of arranging a follow-up appointment to discuss any other issues which may arise. You will also have unlimited telephone, email and website access.
* timing and frequency of reviews will be agreed between the client and the advisor
* cost of any services will be clearly stated at the commencement
* we reserve the right to charge for extra services as required.