SME News Southern Enterprise Awards 2024/ 40 Best High Net Worth Wealth Planners & Investment Management Firm 2024 The financial advice sector is seeing significant consolidation following considerable regulation changes. This has resulted in the retirement of many advisors and the closure of smaller businesses, with their services replaced by generic mass affluent propositions. Clients are now experiencing a loss of personalisation and are struggling to find high net worth advisors capable of delivering their required level of services whilst providing access to a full range of solutions typically only available from a private bank. Seeking an alternative advisor, many individuals are calling upon the services of HFMC Wealth, a financial institution capable of solving for these aforementioned problems. Below, we speak with Stephanie Whiting, Head of IT and Marketing at HFMC Wealth. HFMC Wealth is a boutique wealth planner, asset manager, and wealth specialist on a mission to empower clients to understand and achieve their financial needs and aspirations. The company’s origins date back to 1986, when Founder Jeremey Hoyland envisioned a way of providing comprehensive financial planning for individual families. To achieve this mission, Jeremy established what he described in his journal as ‘the highest quality financial management business in the country’. Following this, he went on to write that HFMC Wealth would ‘focus on total client care, objectivity and independence, continual monitoring of all assets, and be at the forefront of product development’. In over three decades, HFMC Wealth has evolved to offer a comprehensive and holistic financial planning service for high net worth clientele. With two offices based in London and Surrey, HFMC Wealth staffs more than 130 employees who provide top-tier financial advice for high-net individuals and businesses seeking to achieve a variety of financial objectives. Such objectives include coordinating and organising their financial affairs, with the company acting as their Personal Finance Director; building and preserving capital; legitimate optimisation of tax planning; managing cash and borrowings; protecting clients and their families against financial risk; and managing their business and exit planning more effectively. “Our vision is to be the UK’s number one home for chartered and entrepreneurial high net worth advisors,” says Stephanie, “focusing on total client care, objectivity, and independence. We pride ourselves on being able to provide the three T’s: Trust, Transparency, and Tailored Advice. We understand that trust is the most essential ingredient in effective communication; it is the founding principle that holds together all relationships.” In alignment with this understanding, HFMC Wealth is totally transparent in its operations, from the way it charges to how it invests its clients’ wealth. Additionally, the company recognises that each client’s circumstances will vary and so provides them with their own tailored solutions that best meet their needs. This approach has pushed HFMC Wealth to elevated levels of success. “We are an awardwinning Chartered Financial Planning firm,” Stephanie tells us. “Only 15% of UK financial planning firms hold this coveted accreditation, and of the advisor firms that are Chartered, only 26 firms have more than 50 staff. Our size provides access to advice specialisms and an integrated combination of asset management with comprehensive wealth planning for our clients’ families. We are family and staff owned, rather than being run for the benefit of external shareholders, allowing us to focus on the longterm and on our client proposition.” At its core, HFMC Wealth is a people-first organisation that aspires to deliver a culture of trust, transparency, and autonomy. The company is dedicated to the development of its team and routinely invests in its people and their skills, which enables the team to grow with the company rather than seek out career development opportunities elsewhere. Thanks to an amalgamation of internal development programmes, pathways, and incentives, HFMC Wealth’s average staff tenure now exceeds ten years, and advisor tenure surpasses 15 years, which provides excellent continuity for clients that is invaluable for a relationship-based high net worth business. As we look to the future, Stephanie tells us that HFMC Wealth continues to grow and is actively looking for new advisors and firms to join its proposition. Additionally, she tells us that the company plans to expand its digital proposition to allow clients to not only access their investment 24/7, but also have access to all of their financial affairs in one place. The HFMC Connect client portal keeps important financial documents safe, secure, and accessible for all. Finally, HFMC Wealth will be adding Community as an equal fourth pillar of its business to sit alongside Clients, Staff, and Shareholders. Looking at its business through the lens of sustainability and impact, HFMC Wealth will be expanding and enhancing its services to not only benefit its clients, but also the wider community. Contact: Stephanie Whiting Company: HFMC Wealth Web Address: http://www.hfmcwealth.com/
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