Our Services – eightfourtwo

Our Services

If you would like to find out more about what we could do for you, we will sit down together at an initial Discovery Meeting, with no obligation on your part.

This is where we have the chance to find out all about each other, and at the end of this meeting we will likely advise you not to commit all the financial planning responsibilities for your life (and your death) to eightfourtwo. It will be too soon for that. Even though we confidently believe our transparent approach and consistent performance sets us apart, you won’t know that after just one meeting. Trust takes time to build.

With so much at stake, it makes sense to take things one step at a time, and that’s why we break our services down into three stages. The better you get to know us, the more comfortable we hope you’ll feel moving on to the next stage and entrusting us with more of your financial affairs.

Of course, every individual’s story is different. Some of our Members join us further along their journey and follow a very different path. We are well set up to accommodate that too.

To provide the appropriate starting point for your journey, we use different service levels to guide our thinking: Investment Service, Advisory Service and Wealth Service. This ensures you only get the services you need, and that you never pay for any that you don’t.

Stage 1: Financial planning for individuals, families and businesses

Once you decide to become an eightfourtwo Member, we will quickly put your financial planning foundations in place and plot an initial route for the journey ahead. We will create a definitive, bespoke financial plan designed to help you achieve your short, medium and long-term aspirations.

For company owners and entrepreneurs, your business will be a significant factor in your personal financial planning. We will work closely with you to understand this interaction and build your plan accordingly.

Lifetime cashflow modelling allows us to project rises and falls in your income, outgoings, assets and liabilities year-on-year for your lifetime, helping us plan for any bumps in the road ahead.

Our expertise covers protection, retirement, savings and investment, and estate/succession planning. We also offer employee benefits services, including workplace pensions.

Stage 2: Wills and lasting powers of attorney

Estate and Succession Planning foundations are hugely important but, in our eyes, best left until after the initial financial plan is in place. They should ideally support what has already been implemented. By the time you reach this stage you will better understand your financial planning, our services, and how you feel about our working relationship.

Our Will writing service is both simple and efficient. We have the knowledge to undertake a review of the suitability of your existing Will and Trust(s). You can appoint us to act as a professional Executor on a sole, joint or reserve basis.

We also provide a service to make and register a Lasting Power of Attorney, with assistance provided every step of the way. Our Members can appoint us as a professional Attorney for property and financial affairs as sole, joint or replacement Attorney, although we cannot act as a Health and Welfare Attorney.

Stage 3: Trusts and family investment companies

We specialise in planning for the transfer of family wealth, often providing advice to several generations of the same family and their businesses. Where appropriate, this means implementing Wealth Preservation Frameworks (which typically include Wills, Trusts and Family Investment Companies) for assets held in both the UK and overseas.

We are in the rare position to be able to offer our Members access to our Trust Corporation services. Eight Four Two Trustees Limited is a full member of The Association of Corporate Trustees (TACT). This means we can act as an Executor, Attorney (Property and Financial Affairs), Trustee, Protector and Corporate Director.

As a result, we are able to offer financial planning and advice not only to individuals, families and businesses, but also to Attorneys, Trusts and Family Investment Companies.

Many succession planning decisions cannot be unwound, so it is wise to postpone passing wealth to the next generation until strong foundations are in place, regardless of the sums involved. Circumstances may demand a more urgent approach, and we are perfectly equipped to deal with that too.

Family legacies can survive for many generations, or even indefinitely. Your chosen custodian for these long-term structures should know you well and understand your vision, so you can be sure they will protect and guide your family wealth when you are no longer able.

Our Members can appoint us to the board of their Family Investment Company as a corporate director. In this capacity, we will consider the tax status, financial status and marital situation of the shareholders, as well as using our contacts and expertise to secure the best outcome for the shareholders.

Where will your money be invested?

We have complete freedom to prepare the perfect investment solution for you because we are a true ‘whole of market’ firm.

Our investment proposition is designed to provide the strength and flexibility to support the financial plan we create at every stage. It could include a Model Portfolio Service or a Bespoke Portfolio Service with a dedicated Investment Manager, both of which deliver a diversified and risk-managed portfolio.

Our fees

Our charging structure is simple, transparent and fair across both our financial planning and trust corporation services. It would be true to say we’re not the cheapest wealth management consultancy you could find, nor are we the most expensive.

With a company like ours, you should judge the fees you pay against the service and the rewards you receive. As we have explained already, our financial planners look after fewer individuals than a typical wealth management company and are, as a result, able to afford each one more time and attention. In terms of that equation, we are confident the value we offer our Members is unrivalled in the marketplace.

So, why won’t you find any figures on this website?

Simply because our fees, like everything else at eightfourtwo, are tailored to your individual needs. We make sure we provide you with everything you pay for without charging you for any benefits you don’t receive. That means Members with more wealth do not supplement the cost of services provided to Members with less. All will become clear as soon as we have established a road map for your journey with us.