A client asked how we could help get their pension pot to £1m. However, once we’d listened and talked some more, it became clear that the question was about much more than money. It was about taking control of an overloaded diary, enjoying life more, getting off the “hamster wheel”. We were able to propose a plan suited to answer our client’s and his family’s needs and aspirations.
When we told this client that they could downshift right now, they were both surprised and delighted.
This story illustrates how traditional financial advice – focused on selling specific products – is inadequate. Financial Planning, as we practice it at bdb, is all about context. Where do you want your money to take you? Once we’re clear about the life you want, we can jointly create a plan that ensures you achieve it.
We start by understanding what you want from life, in depth. Only then do we go on to develop a big-picture financial strategy and then a tactical plan. It’s an approach that’s been proven to work, time and time again. And because we’re planners, not salespeople, our advice is always objective and solely based on your needs.
Why have you come to talk to us? What has been your life journey so far? By exploring your reasons for thinking about financial planning, we can begin to understand how best to advise you.
What’s important and interesting to you? How would you really like to live? This reveals the gaps between where you are and where you want to be.
What’s holding you back? Is it money? Or perhaps mindset? We find out which obstacles are standing in the way of your ideal life and how to best overcome them.
Revealed during the EVO process
Your resources and finances
Exploring different scenarios and best alternatives
Presenting the best ways forward to ensure successful outcomes
Putting your plan into practice
Regularly checking on progress and adjusting your plan
Conventional investing focuses on frequently buying and selling a number of equities in a speculative attempt to beat the market. This usually results in poor diversification and high costs. Evidence-based investing harnesses the power of science to maximise the chances of successful investment outcomes. bdb's investment draws on Nobel Prize winning research from the brightest minds in the world of finance. It is proven to deliver the most successful results, with cost savings for bdb clients that typically far exceed our annual fee.
Capital at Risk: Past performance is not a reliable indicator of future results. The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Bringing our clients' wealth to life.
Helping people to live for today and spend tomorrow better.
Helping our clients to achieve the life they truly wish for.
Working in an environment that is passionate about delivering a world class service.
Developing new skills and knowledge to enable the delivery of robust financial plans to clients to help them achieve their goals.
Working with a fantastic and dedicated team in an inspiring environment.