It’s such a simple idea. It’s the golden rule. You want to deliver to the world what you would buy if you were on the other end.

– Charlie Munger

The company

LWM was set up to be a company based on ‘values’.

Adding ‘value’ is how we judge ourselves.

We aim to:

  • Share knowledge; good knowledge is the pathway to understanding
  • Be thoughtful and challenging of set ideas and practices
  • Provide a full and holistic financial planning service

We believe that to provide the best advice, at the fairest cost, financial planners should control the whole process. This means not only do we offer financial planning, but we manage the investments.

In managing the investments, we conduct over 100 meetings a year, and construct our own investment portfolios which include investment trusts as well as funds.

We believe that active managers can deliver outperformance, however where we see that a fund that tracks the index is better then we will use this. Claiming cheaper management charges are better for the client is not always the best outcome.

We are mindful of investment management charges, but we will not be driven by them when making investment decisions. We are happy to share on our website our portfolios and many of our fund management research notes.

Additionally, we share our thoughts via regular blogs, and quarterly market updates.

We use our own proprietary risk assessment tool for financial planning. In terms of investments we have our own research system. These have been built up over several years.

This is all included within the fees we charge.

We currently manage just under £130 million in assets, of which just under £90 million is held across the portfolios.

Our service agreement sets out what we do and how we do it (our service); the likely cost, how this is paid for and the terms under which we provide our services.

LWM Consultants Ltd – Investors in values June 2019 from LWM Consultants Ltd