PWH Financial Advice
At PWH our clients benefit from our Independent Wealth Planning Professionals’ knowledge and experience in the South African and United Kingdom markets. Our team will provide you with the best options to invest your wealth or protect your wealth in line with your personal objectives, considering risk profiles, tax and recommended product structures. We offer the following, specific to your needs:
Goal setting and fact finding
Analyse and evaluate financial position
Present analysis and recommended advice
Ongoing reporting and reviews
Our professional fee is based on the complexity of the work and the time required for both the initial process and the resulting plan.
By investing in the planning process, you recognize the value it brings in setting the foundation for your future financial success.
If you decide to have PWH implement your plan, we will charge an ongoing fee based on the assets we manage for you. This fee includes ongoing planning advice, annual review meetings, and support services.
Financial Planning is a comprehensive process that encompasses all aspects of an individual's or business's financial situation, including financial goals, income, expenses, assets, liabilities, taxes, and risk tolerance. It involves developing a comprehensive plan that outlines specific strategies and recommendations for achieving those goals, often covering a range of areas, such as investment management, estate planning, insurance, and debt management.
Financial Advice, on the other hand, is a specific recommendation or guidance provided by a financial professional to address a particular financial question or issue. Such advice may be focused on a particular area of financial planning, such as investment selection or tax planning, and may be delivered in a one-time consultation or on an ongoing basis.
In summary, financial planning is a comprehensive and ongoing process that involves developing a holistic plan to achieve financial objectives, while financial advice is a specific recommendation or guidance given within the context of that plan or in response to a particular financial matter.
A financial plan will include financial advice but financial advice does not necessarily include a financial plan.