Services

How we work

We see you as the chief executive of your life and Mercury Wealth Management as your finance director and our aim is to help you make wise and informed choices with your money.

In order to do this we adopt a structured five-step consultative process:

Step 1 – Discovery Meeting
In our first meeting we conduct a comprehensive initial assessment of your current financial situation, your values and goals and we will assess whether or not we can add any significant value to helping you achieve your goals. We encourage you to bring with you financial documents relating to your existing investments and if we both feel that we can add significant value to you, we’ll ask you to sign a Letter of Authority to enable us to obtain information from your investment managers and product providers. The information obtained will enable us to prepare a statement of your net worth.

Step 2 – Investment Plan Meeting
Following our initial meeting we will perform an analysis of your present situation and where you want to be. We will prepare a draft plan for discussion at the Investment Plan Meeting, containing statements, and analyses of your net worth and income and expenditure, as well as providing cash-flow forecasts based on agreed assumptions. We will summarise any recommended changes and agree an action plan necessary to implement them.

A well-designed investment plan enables us to agree on specific investment goals and the strategies required to achieve them.

Step 3 – The Mutual Commitment Meeting
After the Investment Plan Meeting, we will give you a copy of the plan to take away with you, as you should take time to consider the recommendations and discuss them with your partner and family. Any plan must suit everybody it will affect.

If it does suit you, we will arrange a third meeting at which we will answer any queries that may have arisen in the interim and make any adjustments required to the plan. We will then complete the necessary paperwork to enable you to become one of our clients and to put the plan into action.

Step 4 – Implementation Follow-Up Meeting
Following the implementation of your plan, you will inevitably receive a lot of paperwork through the post, if we have reorganised your investments. We ask you to keep all of this paperwork together and to bring it to a follow-up meeting that we will arrange approximately 45 days after the Mutual Commitment meeting. At this meeting we will go through all of the paperwork with you and we’ll check what has been received and what is still outstanding.

Step 5 – Regular Review Meetings
We will then meet with you on a regular basis as part of our ongoing service, to review your financial objectives, the assumptions and conclusions made in your financial plan and your investment plan strategy.

Through this close contact we are able to keep you on track to reap the rewards that a scientific, disciplined and long-term approach can deliver. We need to see you in person at least once a year but other meetings can be via telephone or the internet.