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Important Information Regarding Trusts

If you are a Trustee of a Trust, it may need to be registered with the Trust Registration Service by the 1st of September 2022.

For all Trusts required to register, the Trustees will need to provide information on the persons involved in the Trust (Settlor, Trustees and Beneficiaries) as well as details of the Trust itself.

It is advisable that you contact your accountant or your solicitor, or a Trust Registration Specialist to assist you with the registration process as failure to register your Trust with the TRS could lead to the Trustees of the Trust suffering a financial penalty.

If you have any further questions, please do not hesitate to contact our office on 01772 780300..

Raymond James Professional Development Forum

Raymond James Professional Development Forum

Branch Principal Wayne Hayhurst reflects on his workshop presentation ‘Real world ideas to help you grow your practice’ at this years’ Professional Development Forum.

The Forum welcomed delegates from Raymond James and Charles Stanley, who, alongside head office staff and sponsors, helped lead to a record 440 attendees over the two-day event.

Our values guide our path forward, steering our activities and interactions to continually invest in the future of our businesses, colleagues, and communities.

“The annual Raymond James Professional Development Forum provides a chance to reflect and consider the potential for our future; educating and connecting us so we can continue to provide the best service to clients.”

Tom O’Neill: New Birthday Cards

For many, a daily hike became an integral part of their routine during lockdown. For those in and around the Longridge area, they will immediately recognise the adjacent image of the highland cows. These placid animals quickly became ‘local celebrities’, attracting a great deal of visitors to their field atop green bank quarry each week.
This stunning picture was taken by local photographer Tom O’Neill and featured many times on the local community Facebook group, ‘Your Longridge’. Whilst giving our client birthday cards a facelift, we reached out to Tom via social media and asked if he would be willing to feature his striking images of the highland cows on the cover of our cards. Tom was delighted to help and as thank-you he asked us to make a donation to charity on his behalf.
“I would like to say a huge thank you to Raymond James, Ribble Valley for using my images for their birthday cards – it’s a supreme privilege and honour for me to have been asked”.

Keeping it in the family

Keeping It In The Family

Alastair Brown
Alastair Brown is the marketing & communication manager at Raymond James Ribble Valley
Give your family the best chance at preserving wealth from one generation to the next, advises Alastair Brown of Raymond James
As gloomy as it might sound, death and taxes are often described as the only two certainties in life, and inheritance tax (IHT) means they can turn up at the same time. *Almost £5.4 billion was paid in inheritance tax in 2018/19 – a record high. With people living longer and enjoying more active lives in retirement, the age at which the next generation will eventually benefit and how tax efficiently the wealth is transferred can be a real headache. Whether your motivation is to support your relatives, protect vulnerable family members or to leave a legacy, passing on your wealth is a highly emotive and potentially complicated topic.

Ensuring the tax man isn’t your largest beneficiary

What is Inheritance Tax (IHT)? Will you have an IHT liability? Can you reduce it? What can you give away in your lifetime? More and more people are likely to be impacted by Inheritance Tax. However, paying Inheritance Tax doesn’t have to be inevitable. In many cases this most unpopular of taxes can be minimised using allowances or exemptions, or potentially be avoided altogether with careful planning.

How, when and to whom should I transfer my wealth?

When is the best time to give money away? If you have children should they be treated equally? Who do you leave your money to if you have no immediate family?

Will your partner automatically inherit your wealth if you have no legal partnership? Deciding who should inherit and how best to transfer your wealth is rarely simple. Family dynamics are often highly complicated. You and your spouse or civil partner might have different views on how, or even if, any of your respective relatives should inherit your wealth. Whatever your goals, getting financial advice will help you pass on your money in a way, and at a time, that creates maximum benefit for the people that matter to you most.

Estate Planning

Getting all your affairs in order, from deciding who should inherit your wealth to making provisions for vulnerable family members, can be an extensive but invaluable process. Known as Estate Planning, it ensures you eliminate uncertainty over the administration of your assets and aims to maximise the value of your estate by reducing or eliminating taxes and other expenses. From setting up trusts to mitigating Inheritance Tax, Estate Planning should also consider your needs in later life, including the potential cost of long- term care.

Raymond James, 8 Berry Lane, Longridge, Preston, PR3 3JA 01772 780300

Risk Warning: Opinions constitute our judgement as of this date and are subject to change without warning. With investing, your capital is at risk

Could we help save you and your loved ones thousands?

Ready to have a conversation? Give us a call and we’ll help you understand whether IHT is likely to impact you, and whether you could take action to reduce it. If it looks like we can help you keep more money in the family, we’ll book your free, no obligation initial consultation with one of our in-house specialists.

Deciphering the Market’s Difficult Message

More than 200 years ago, a French military officer stumbled across the Rosetta Stone, a 2000-year-old carving with clues to deciphering the Egyptian hieroglyphs that had puzzled the world for centuries. We don’t exactly have a Rosetta Stone for our perplexing market’s future – no one does. But just as the Rosetta Stone opened a window into Egypt’s mysterious past, we have some clues that might help investors crack the code in the coming months.

Raymond James Investment Services, proud to be in the heart of your community

Local Team Sponsorships

Longridge Local Team Sponsorships

Andrew Barr, Wealth Manager at the Ribble Valley branch, reflects on some of our most recent sponsorships and why investing in local sports teams is so important to us and our community:

“We’re always looking for ways to help our local community and the idea of sponsoring grass roots football is always appealing as it provides so many benefits to young people. From learning to work together to staying active, competitive sports teach children valuable lessons that they’ll carry with them throughout life.”

“A number of our employees are avid football and cricket fans, so we’ll be watching the teams with great interest to follow their progress”.

Ribble valley Raymond James branch

Personalised Strategies For Business Owners & Entrepreneurs

The expert team at Raymond James Ribble Valley has extensive experience working with business owners and entrepreneurs, guiding them through the different stages of growing their company

As a business owner and entrepreneur, you’ve built something you care about – and you want to see it last. We understand. We’re well-versed in the challenges and opportunities before you. As your financial guide, we help you further your success by giving you the confidence to focus on what you do best.

You’ve refined the skills necessary to thrive in the marketplace and lived the continuous commitment that is running a business. 

Personalised Strategies for business owners and entrepreneurs

Like all business owners and entrepreneurs, you’ve learned that your personal and professional lives may intertwine in ways you had not anticipated. As your guide, we help you see all angles of the  bigger picture – important things like passing on a legacy to the next generation and helping to ensure your team have options for retirement planning.

Complex financial situations

We help you cut through the complexity of your financial situation to create, implement and manage an all-encompassing plan designed to pursue your goals – personally and professionally. Our strategies capitalise on our extensive resources and world class analysis and are customised to your needs. The result is a balanced plan combined with the details of how you picture your life.

We know from experience that you may face several challenges. The board room for small business owners can be a lonely place, so we aim to help you:

  • Ensure that you build up a tax-efficient fund for your retirement that closely matches your life goals and financial objectives
  • Undertake an in-depth review of your business and help implement a tailored financial plan
  • Invest spare cash in the business, above working capital, to produce a tax-free income
  • Help prepare you and your business for exit – including achieving financial independence – or having an effective succession plan in place to secure the future of your business
  • Put in place the right protection policies to safeguard you, your family and your business, from life’s unforeseen events such as serious illness or death.
Raymond-James-Ribble-Vally-Branch

Working with business owners

We have extensive experience working with business owners and entrepreneurs through the different stages of growing their businesses and supporting their personal lives. Whatever stage your business venture has reached, whether you’re established, growing, exploring your exit path or considering life after exit, we will support your growth.

To find out how our specialist team could help you, get in touch with us on 01772 780300 to book a free no obligation consultation.

‘SOS Kit Aid’ Golf Day

SOS Kit Aid Golf Events Get Off the Ground with Support from Halbro Sportswear

Raymond James supported the ‘SOS Kit Aid’ golf day on June 23rd at Staining lodge golf club. SOS kit aid is a fantastic charity that distributes second-hand and unused rugby kits to disadvantaged youngsters across the globe. These donations have benefitted over 350,000 young people thus far. Thanks go to regional director Andy Thompson for the fine work he and wife Kathryn do for the charity and for a great day. Should anyone be interested in helping ‘SOS Kit Aid’ please get in touch with your adviser and we will point you in the right direction.

Click the address to find out more: https://www.soskitaid.com/latestnews/first-halbro-sponsored-sos-kit-aid-golf-event-is-a-great-success/

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The Raymond James team of Paul Gavaghan, Tony Brown, Jason Keogh and Dan Glover were victorious with 95 Stableford points and were presented their prize by Rugby hall of famer, Gill Burns MBE
Route 66 - Women in Financial Advise Awards 2022

Fulfil Your Dream With A Tailored Financial Plan

Tracey Board, co-founder of Raymond James Ribble Valley, advises on how you can achieve your dreams by having a tailored financial plan

I was really pleased to be nominated for the Women in Finance awards this year along with 767 women across 31 companies in the UK. These nominations celebrate the achievements of women working in financial services and aim to inspire and empower women to join an already dynamic sector that is constantly working to become more inclusive and accessible.

Financial Adviser of the year shortlist

So, you can imagine my delight when I was shortlisted as a finalist in the category of Financial Adviser of the year for the Northwest, along with seven other women.

As part of the process, I was asked to write a bio of my career and what makes me
a ‘stand out’ candidate. Many people in the area know that I am co-founder of Raymond James, Ribble Valley and have seen the business grow from a team of two – myself and the Branch Principal Wayne Hayhurst, when we were working on our kitchen tables back in 2010 –

to a team of 20 with the business buying the premises of the former Longridge NatWest Bank, during a time when the big corporations were, and continue to move away from face-to-face client relationships.

The longstanding relationships we have built In The local communities are at the heart of our success

Meeting Financial Goals

We have built our client relationships from the ground up, this has been through literally knocking on people’s doors, introducing ourselves and letting them know we were building a business in the Ribble Valley, to help people meet their financial goals. The longstanding relationships we have built in the local communities are at the heart of our success.

In my current role, I am responsible for business development and reaching a wide number of female business owners, professionals and investors to advise them and educate them on how to plan for their futures, arrange their assets and develop exit/retirement strategies.

I manage a large portfolio of clients, mainly females with the aim to ensure that they are on track to meet their financial goals, save tax and understand any shortfalls they have, or conversely, to give them the confidence that they can spend more, to live the life they truly desire.

Route 66 Moments

I am also there for support and guidance at vulnerable times, such as through divorce, when widowed or any drastic life changes. There was one particular instance in my career, that completely changed my outlook and made me realise how important my role is and that is my ‘Route 66’ moment.

It is so important for me to gain the trust of my clients and I become attached and involved in their lives. It had been one client’s lifelong dream to travel the Route 66 across America. They had the means to do this but not the mindset to spend or the confidence to eat into their savings. They had been ‘careful’ with money throughout their lives and ‘were not used to spending’ and as a result accumulated a large amount of wealth.

I would tell them to book the trip and explain that they could and should enjoy the hard-earned wealth they had amassed. Eventually, they did book the trip after a few years of procrastinating, and I was as delighted as them. The month before they were due to go, my client passed away from an aggressive form of cancer, it was heart-breaking. It was then that I realised it was my duty to ensure my clients got chance to take their ‘Route 66’ whatever that may be.

High-Tech Cashflow planning system

Our advice is not ‘finger in the wind stuff’, we have the technology via a state-of-the-art cashflow planning system, to be able to demonstrate to our clients exactly what they need to be saving and investing to fulfill their financial goals or how much extra my clients can spend year on year.

Team of Financial specialists

We have a team of in-house specialists, to help build our clients a tailored financial plan and bespoke investment portfolio, that is built around their individual goals and circumstances, whilst considering elements such as tax, annual allowances, current or future income needs, risk tolerance and risk required.

Nothing makes my job more than satisfying than working alongside my clients, helping them reach their life goals and living the life they dreamed. Please don’t hesitate to get in touch with me and the team at Raymond James for an initial consultation or simply to pick our brains.

You can imagine my delight when I was shortlisted as a finalist in the category of financial adviser of the year for the North West

Why It Helps To Speak With An Expert

Help! We all need it now and again. Our loved ones are usually the first we turn to for advice, but should they be the first port of call for financial guidance? The experts at Raymond James explain

We all have important financial decisions to make throughout our lives. Typically, as we get older, some of the major life choices we make become all the more critical. Decisions around your retirement planning could shape what the next three decades of your life look like, so it is imperative you get a professional second opinion.

“DECISIONS AROUND YOUR RETIREMENT PLANNING COULD SHAPE WHAT THE NEXT THREE DECADES OF YOUR LIFE LOOK LIKE”

Relying on informal chats with friends might not be the best idea when making important financial decisions.

While friends and family will do their best to help, they tend not to have the qualifications, knowledge and expertise that a professional financial adviser can offer. Have you ever tried fixing the toilet and flooded your lounge? Leave it to a professional.

You can get free guidance from places like Pension Wise, the Money and Pensions service or Citizens Advice. These sources are certainly useful but won’t get the personalised or in-depth recommendations you’d get from a financial adviser.

Here are a few reasons why you should consider speaking to an expert.

IT’S NOT ALWAYS EASY TO TALK ABOUT MONEY

This can be particularly true when going to your family for advice. Family members who’ve ‘been there, done that’ might speak from experience, but it’s likely times have changed since they needed to make the decisions you’re facing now.

ALTHOUGH YOUR FAMILY WILL HAVE YOUR BEST INTERESTS AT HEART, A FINANCIAL ADVISER IS MORE EMOTIONALLY REMOVED

Your family are also likely to be the ones you speak to at during difficult times, like after a divorce or the loss of a loved one. When major financial decisions need to be made, emotions are often running high, so it’s easy to take advice from family and friends just to get it off your plate.

Although your family will have your best interests at heart, a financial adviser is more emotionally removed. They can offer clear-minded advice that your family might not be able to. They’ll still treat your situation delicately, but they’ll be able to advise you objectively.

Ribble Valley Raymond James team offer impartial advice to give you the best financial advice possible.

YOUR SITUATION IS UNIQUE

Our finances are a personal subject, and it’s likely information like your salary and spending habits are only known by a select few. Because of our reluctance to share too much with our friends and family, they’ll never get the full picture. Any advice they give might not help your financial situation as much as you first thought.

A financial adviser is impartial and disconnected. This lets you share more detail with confidence. With an understanding of the full picture, an adviser can build you the most suitable and efficient financial plan and investment strategy.

Just because someone you know might have made money on an investment in the past, doesn’t mean it’ll happen again, or that it’ll form the best strategy for your own situation.

A financial adviser will consider your full financial circumstances now, where you want to be in the future, how to get there and stay on track. We also analyse things such as your previous investment experience, risk tolerance, tax allowances, life goals and timescales and knowledge.

CONVERSATION COSTS NOTHING

We offer a free initial consultation. The journey starts with a no-obligation call back or meeting with one of our qualified team members. They will initially help you decide if advice is right for you and answer any questions you might have. There is no pressure, no commitment and no obligation. You can then make the informed decision as to whether we are the right company for you to work with.

Contact us through our website today to book your free consultation.  or call us on 01772 780 300

Talk to us to start your journey and book a no-obligation consultation.
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