Frequently Asked Questions

General Financial Advice

1. What does a financial adviser do?
   A financial adviser helps you make informed decisions about your money, including investments, pensions, tax planning, and estate planning, tailored to your goals.

2. Do I really need a financial adviser?
   If you want to grow your wealth, plan for retirement, or make the most of tax-efficient savings, expert advice can help you avoid costly mistakes and maximise opportunities and keep up to speed with legislation.

3. What’s the difference between independent and restricted financial advice?

• Independent Financial Advisers (IFAs) can recommend products from across the whole market.

• Restricted advisers can only recommend certain providers or products.
  We are independent, meaning that our driver is to deliver the most appropriate advice for our clients and their individual circumstances.

4. How do I know if your advice is right for me?
   Our advice is always tailored to your personal financial situation, goals, and risk tolerance. We take time to understand your needs before making recommendations and when we do everything is bespoke to the individual client.

5. Are you regulated?
   Yes, we are regulated by the Financial Conduct Authority (FCA), ensuring that our advice meets strict ethical and professional standards. F&O Wealth Management Limited’s FCA number is 1018612, click here for the FCA register entry.

6. Who owns F&O Wealth Management?

   F&O Wealth Management Limited is wholly owned by Frederika and Oliver Clay, Oliver is Frederika’s husband. Oliver runs their other business F&O Homes, a Chester based property development company.

7. Who are ValidPath?

   ValidPath are a financial Network, they support me in running my business, by providing compliance and regulation services, they do this by checking the advice I give and submitting my annual FCA returns amongst other things.

   Our Fees

8. How much does financial advice cost?
   Our fees depend on the services you need. We offer percentage-based fees. We will always discuss fees with you upfront so there are no surprises, and the fees are clearly detailed in our client agreements that we will discuss early on in our adviser-client relationship.

9. Do you offer a free initial consultation?
   Yes, we offer a free of charge initial consultation to discuss your needs and help you understand how we can help.

   Working With Us

10. What information do I need to provide for financial planning?
    Typically, details about your income, expenditure, savings, pensions, investments, liabilities, attitude to risk and financial goals. We’ll have a conversation which we call a fact-find to gather all of this information.

11. How often will we review my financial plan?
    We offer annual reviews or more frequent check-ins depending on your needs, however there is no limit on communication, if you have a question our clients are always welcome to get in touch and arrange a meeting should it be required.

12. What happens if my financial situation changes?
    We adjust your plan to reflect life events like a new job, marriage, children, or unexpected financial changes. Part of the service we offer is to build a Cash flow forecast to help you visualise your financial future, this forms part of the discussion in our annual review meetings and is a living document that will be amended regularly to suit the clients circumstances.

13. Can I change my investment strategy later?
    Yes, your portfolio can be adjusted based on your evolving goals, risk appetite, and market conditions at any time following a discussion with your adviser.

Need More Information?

If you have any other questions, we’d be happy to help! Contact us today for a free consultation.

Please note the Financial Conduct Authority does not regulate Cashflow Planning.