Professional Connections

Towergate Financial recognises the benefit of the “virtuous circle” whereby the client benefits from joined-up, holistic financial planning advice from the most appropriate source.  Consequently, wherever possible, we work alongside the client’s existing advisers - solicitor, accountant, etc.  However, when those professionals are not already in place or the existing incumbents do not have the requisite skills, we have built-up a network of our own trusted advisers with who we work on a regular basis.

The following notes do not fully reflect the relationships we have, but summarise the key areas in which we do work together with solicitors and accountants.

Matrimonial Departments

We are delighted to introduce Towergate Financial Finance in Divorce – a dedicated service for matrimonial lawyers.

We have a committed team of qualified professionals, which includes an in-house Pensions Technical Manager with actuarial experience, to advise on all financial areas in divorce, particularly the implementation of pension sharing orders.

It is vitally important that advice given following the assessment of any existing pension provisions is given by a qualified professional who understands the family lawyer’s process, and can interpret the independent actuarial report in conjunction with the pension sharing order.

We therefore offer a professional service to matrimonial departments.

Please contact the department at financeindivorce@towergate.co.uk

Litigation and Personal Injury Departments

For litigation lawyers dealing with Personal Injury or Medical Negligence claims, who do not work alongside an in-house Private Client department, we have developed an outsourced service for compliant advice on the use of Personal Injury Trusts.

See our more detailed article in this section.

Accountants and Corporate Legal Departments

We work closely with a number of accountancy practices and corporate lawyers, jointly advising their clients in respect of;

• Exit strategies.
• Retirement planning, both for owners and employees.
• Establishing and/or reviewing Employee Benefits packages.
• Reviewing existing investment arrangements, including those in family trusts
• Inheritance Tax mitigation
• Capital investment, maximising the use of allowances for Individual Savings Accounts, Capital Gains Tax, etc.
• Tax mitigation schemes

Private Client Departments

We are committed to our private clients and our team has extensive experience of looking after and preserving the wealth of the family.

We advise on all aspects affecting the private individual and their financial affairs.  We make sure that clients preserve their wealth by minimising the amount of tax payable, ensuring they are invested as advantageously as possible and that unforeseen events are provided for.

The services from our dedicated, highly experienced and qualified team include:

• Reviewing and advising upon existing or new investment arrangements, including pensions.
• Advising upon means of tax mitigation, especially Inheritance Tax.
• Advising upon care home fees planning.
• Arranging protection insurance to ensure unforeseen events do not adversely affect the family.
• Arranging and rearranging mortgages and equity release.

A first consultation is always free-of-charge and we are happy thereafter to work on a fee basis, a commission basis or a combination of both.

Unlike many of our competitors, clients will not be faced with regular changes of Adviser; a dedicated member of our team who will continue to work with the client in the future.

Our Unique Approach

The bespoke services we offer our clients have the flexibility to meet their changing needs, respond to industry trends and comply with regulatory developments.

We offer employers a flexible approach to our advice and consultancy services, which means that our solutions are tailored exactly to each client’s requirements.  There are no ‘one size fits all’ restrictions and we would never expect our clients to work with solutions that didn’t completely meet their needs.

We believe that effective corporate advice is achieved by working in partnership with our clients, anticipating their future needs and building a mutually beneficial relationship over a number of years.