About Personal Asset Management
An Independent Chartered Financial Planner with close to 40 years’ experience of advising individuals, charities, Trusts and Attorneys on; Tax Planning for Inheritance Tax and Capital Gains Tax (not regulated by the Financial Conduct Authority), Investment Planning and Retirement Planning both pre and post retirement.
Working closely with clients to develop a long-term relationship, we aim to understand and prioritise their financial goals and to help address their financial concerns such as the provision of income in retirement, capital growth to fund potential long term care costs or passing family wealth down the generations in the most expedient and tax efficient way.
This service is primarily for investors with at least £100,000 and the initial fee for investment advice is a very competitive 1.5% of the amount invested, with discounts available if the advice relates to an existing ISA or pension or if the capital is more than £500,000.
Our ongoing service provides annual reviews, half-yearly investment reports, quarterly valuations and monthly monitoring of quoted investments. The ongoing fee would be 1% per annum, subject to minimum fees. Our ongoing service provides a detailed statement of a client’s financial position, as the core element for financial planning.
Although the practice is based in Kingskerswell, we have clients based throughout the South of England.
An initial meeting is available, without cost or obligation, to establish how our services could be of benefit.
About Ian Pennicott AFPS
Clients benefit from the substantial knowledge and experience gained by Ian Pennicott AFPS, a Chartered Financial Planner with nearly 40 years as an independent financial adviser.
Ian is passionate about financial planning and helping clients make the most of the resources they have. He enjoys the challenge of making sure clients are fully aware of – and benefit from, where appropriate – any changes to legislation and taxation.
Ian runs a number of risk targeted multi-asset portfolios on an advisory basis – therefore making sure clients understand why any changes are recommended – and takes a long-term view on holding investments. The portfolios use both active and passive funds.
Ian has experience of using Enterprise Investment Schemes for clients in order to reduce Income Tax and to defer Capital Gains Tax.
He is also keen to make sure Inheritance Tax is mitigated as much as possible in order that wealth remains in the family. Active planning can involve Trusts, Gifts and Investments benefiting from Business Property Relief (BPR).
Outside of work, Ian enjoys cooking, playing the trombone and keeping active with a few Hash House Harrier groups.