Wealth management does not just focus on creating and protecting a client’s wealth. It may also involve investigating charitable giving, funding philanthropic projects and ‘impact investing.’
Simon Armstrong, Independent Financial Adviser at Lonsdale Services St Albans said:
“At Lonsdale Services when we start the financial planning process with clients and undertake a fact find, we are aware that many people gift regularly to charities. It is important to them and it is taken into account when provide financial planning advice. If our clients are interested in significant philanthropic projects we can put them in contact with organisations such as the Institute of Philanthropy. Some of our larger clients have also considered socially responsible investing with the intention of generating a beneficial social or environmental impact alongside a financial return.'
Please note: The value of investments can fall as well as rise. You may not get back what you invest.