Our Directors have a wealth of experience advising Partners of the larger Accountancy practices and Law firms along with members of the Bar, Business owners and Entrepreneurs.
A constant with such clients is their busy work and home lives means time to focus on their future plans is extremely limited. Once we demonstrate our professionalism and expertise to clients we can take away this burden with a proactive and personalised service.
Metis Wealth understands that a key concern of many partners is to adhere to the Independence rules of their firm. Our Chartered Financial Planners have extensive experience running portfolios within these restrictions and have several long standing relationships with Discretionary Managers who are also adept at running portfolios within these parameters.
Metis Wealth regularly liaises with the internal compliance units of these partnerships.
Law Firm Partners
As self-employed individuals often the onus is on the partner to provide for their own retirement from income. Utilising allowances and exemptions with an eye on any restrictions placed on the partners by their firm will be paramount. Paying high levels of tax gives rise to a wealth of planning opportunities which many clients may not have considered before consulting with one of our financial advisers.
The rather unique cash flow and accounting methods adopted by The Bar often lead to specific planning issues for Barristers. We can offer Aged Debt funding and Tax optimisation to assist with a reduction in your payments on account. We have helped many Barristers make the transition to the Bench with specific reference to the Judicial Pension Scheme.
With the business likely to be both your income generation mechanism and long term retirement vehicle it is imperative that consideration is given to how to tax efficiently extract value. There are some very interesting planning opportunities that make the most of both your corporate and personal tax status.
As our clients move into retirement thoughts tend to move away from capital accumulation towards income production and wealth preservation. At this time, individuals also tend to start thinking how to balance their own requirements with passing wealth down the generations as efficiently as possible. In our experience the two issues are intrinsically linked and we can help you optimise your position at this critical point.