“Well done is better than well said”
– Benjamin Franklin
LWM was set up to be a company based on shared Values, for clients adding Value is how we judge ourselves and how we ask our clients to judge us. Our proposition ensures that we are there for our clients throughout their life journey – whether this is building and growing assets, or using these assets to provide an income in retirement.
We are fully fee based, in the majority of cases these fees are paid out of the assets we manage.
When we meet a new client we seek to understand what they are looking to achieve. We believe that the first step to this is to understand peoples’ goals, once these are understood we can then deliver a solution that achieves them.
For new clients we follow a three stage process:
We believe passionately that the first step is to understand what a client’s goal is. To do this we look to understand a client’s financial position, and what they are looking to achieve.
Using the information we have gathered and with an understanding of goals we will work with clients to set realistic targets and plan the financial actions required to achieve those goals.
Only once we have agreed these goals do we build solutions.
For all our clients we believe that maintenance and service is arguably the most important part of the proposition. This ensures a client continues to stay on track to deliver their goals.
As part of the maintenance and service we:
At LWM we offer five core portfolios which have a three year track record. These are the foundations for many of our clients’ investments. We aim to out-perform the appropriate tracker index over the medium to long term (3 – 5 years). This is reflected in the benchmark we have developed. We don’t outsource the management of client money.
The tables below show the performance of the portfolios since launch on 1 January 2009 to the end of December 2015.
|Cautious Risk 4 Portfolio||Cautious Risk 5 Portfolio||Balanced Growth Portfolio||Moderately Adventurous Growth Portfolio||Adventurous Growth Portfolio|
|Portfolio Return||+ / - Benchmark||Portfolio Return||+ / - Benchmark||Porfolio Return||+ / - Benchmark||Portfolio Return||+ / - Benchmark||Portfolio Return||+ / – Benchmark|
You should note that past performance is not a reliable indicator of future returns and the value of your investments can fall as well as rise. The total return reflects performance without sales charges or the effects of taxation, but is adjusted to reflect all on-going fund expenses and assumes reinvestment of dividends and capital gains. If adjusted for sales charges and the effects of taxation, the performance quoted would be reduced.
As a team we constantly review the portfolios to ensure they are doing what they are set up to do. We provide clients with:
- Access to holdings, and performance information via our website. This is updated on a quarterly basis
- Access to additional information which includes our quarterly investment committee papers, and reports from Morningstar
Behind the scenes we monitor the portfolios using Morningstar, we are in regular contact with the fund houses to obtain up to date information on the funds and where appropriate we will meet fund managers. We also look for changes which may impact on the long term performance of these funds, and make ad-hoc changes where appropriate.
Once a year we offer to rebalance the portfolios, this is important because it protects against investment drift and provides a consistent risk structure.
We believe that it is important to keep our clients abreast of the market and how this impacts on investments – we do this via our website and regular email contact. We also look to share ideas on investing and what to look for when choosing investments.
We see our role as mentors helping to deliver on life goals. We offer to meet clients at least once a year, and at intervals to suit the client’s needs. These reviews are a vital part of the process, we will: Effectively we believe at the top of the tree is the goal, once we know that then we can look at the solution. But we know situations change which can impact on the goals and therefore the review process is a vital element to ensure we all remain on the right track.
We see our role as mentors helping to deliver on life goals. We offer to meet clients at least once a year, and at intervals to suit the client’s needs. These reviews are a vital part of the process, we will:
Effectively we believe at the top of the tree is the goal, once we know that then we can look at the solution. But we know situations change which can impact on the goals and therefore the review process is a vital element to ensure we all remain on the right track.
As part of the initial and on-going review we look to understand our client’s attitude to risk, and adjust investments to reflect this. Although we use the portfolios as the foundation for investments, we will look across the full range of available investments to deliver an investment strategy that reflects the client’s needs at any particular point in time.
We offer to review as a minimum once a year, but it can be adjusted at any time.
We believe that our role as mentors means that we need to be there for our clients, as a minimum we offer to meet our clients once a year. In reality we meet many clients twice a year or more. Clients can call or email us at any time, or request meetings. Contact is crucial because over a 12 month period goals and circumstances can change and we need to adjust the solution to reflect this.