There is a real opportunity for Mortgage Brokers to enhance the services they offer their clients by providing access to a full suite of wealth management solutions.

The Mortgage Brokers we work with enjoy referring their clients to a tailored & personalised advisory approach, backed by the scale, security & infrastructure of St. James's Place, one of the UKs market leading Wealth Management companies.

We value all clients and fully understand their need and requirements for a distinct and bespoke service.

How Lamyman & Co can add value for your clients

Our business draws on a deep knowledge of the financial aspects of property ownership, debt & liability management and the financial planning issues arising from new purchases and re-mortgaging existing property assets.

Our expertise includes complementary services ranging from cashflow planning & financial forecasting, estate planning, investment and savings planning.

Case Study

A full review of individual circumstances, needs, requirements and risk profile are obtained prior to any advice being provided.

The following is an example of how a client was provided with solutions to their financial planning needs after being referred by a mortgage broker at the point of a mortgage application. All confidential details have of course been changed.

Joe, an ambitious City professional working for an investment bank was securing a new mortgage through his trusted broker for the purposes of upsizing from his current property. He had recently been awarded a promotion by his employer, an investment bank, resulting in higher earnings allowing him to increase his mortgage lending.

Joe and his partner Amy were expecting their second child so needed the extra room. The increase in income from the promotion was significant so their mortgage broker recommended they discuss their financial planning with a professional wealth adviser once the mortgage was secured.

Upon meeting with Joe and Amy, a review of their overall financial circumstances was undertaken, highlighting several unused tax allowances, tax liabilities and savings opportunities due to his higher earnings position.

• It was advised that both Joe and Amy utilised their annual ISA allowances via regular contributions to stocks & shares portfolios, as well as monthly contributions to offshore investment bonds utilising spousal exemption for potential long term, tax efficient investment growth
• A Junior ISA account was opened for their first child, with the aim opening another for their second child once she arrived. These accounts were implemented to help save for University fees and first home deposits for the children once they reach 18 years of age.
• Due to Joe’s significant increase in income it was projected that his ability to contribute to his pension would be heavily tapered from the following tax year onwards. Therefore a recommendation to utilise unused allowances from previous years for tax efficiency reasons was recommended.
• Joe had also been awarded shares in his employer as part of his bonus remuneration structure which were vesting over the coming years. A managed stockbroking account was recommended to help managed the Capital Gains Tax liability via the systematic selling down and reinvestment of the share proceeds in a diversified investment portfolio within a Unit Trust structure.

The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.

The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief is generally dependent on individual circumstances.

The advice provided was given after a full evaluation of their specific needs, circumstances and requirements. The solutions provided would not be suitable for most investors and the information provided does not constitute advice.