Top tips for investing and financial planning from Newby Castleman Wealth Management

With interest rates remaining low, investing could be a wise move in the current financial climate. Decisions about when, where and how much to invest should never be taken lightly, and in order to get the best out of your investment, you may wish to consider the following points before taking action.

  1. Take time to outline your financial goals. It could be that a certain level of income in retirement is a priority for you, or perhaps saving for a deposit for your first home.
  2. What are your timescales and deadlines? Do you wish to retire at 60, or buy your house in five years’ time?
  3. Review your existing wealth. You may decide it’s a better idea to clear any existing debts before starting to think about saving.
  4. Be honest with yourself. How much risk are you willing to take? Could you afford to lose what you’ve invested if a venture didn’t work out?
  5. How much help do you need? It may be that you’re experienced enough to go it alone, or perhaps you’d like advice while maintaining a hands-on approach. Alternatively, leaving everything to a professional might be right for you.
  6. Find the right financial adviser for you. Initially, it’s a good idea to see a financial adviser and decide if having one is right for you.
  7. Check the charges. If you do decide to start investing, make sure you understand and review the charges to ensure they offer value for money.
  8. Review the situation. Going over your investments regularly is essential for maintaining control and making sure they’re working for you.

Will Sallis, Director of GHC Wealth Management, said: “There is a host of questions to consider when it comes to financial planning, and embarking on the decision-making process can be daunting. Seeking professional advice, both at the planning stages and further down the line, can make all the difference when it comes to securing a successful return on your investments.”

David Adams, Tax Partner at Newby Castleman, said: “Every individual’s financial situation and goals, in the short-term as well as the long-term, are unique. For this reason, it’s certainly worthwhile to take the time to stand back and survey all the available options, which is where our combined Wealth Management service can help.”

Newby Castleman Wealth Management is a joint venture between Newby Castleman LLP and GHC Wealth Management, an established Leicester based firm of Financial Advisers.  It provides expert financial advice covering a diverse range of subjects such as general financial planning, investments, retirement planning and pensions.

For further information, telephone or visit the website at

Newby Castleman Wealth Management is a trading name of GHC Wealth Management Limited, authorised and regulated by the Financial Conduct Authority.

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