"We have used Banks Wealth since the company was formed and prior to that Steve Danson for many years for all our financial advice. We have been very satisfied with the service provided which has not only been done in a professional manner but also in a very approachable and friendly way. We wish the company well and hope it continues to go from strength to strength."
"We've used Steve's services for many years now and we are enjoying in our retirement the fruits of his professionalism, advice and everyday common sense. We have no doubts about Steve's knowledge and sound advice and as such, he is now advising both our son and his family and our daughter and hers, we trust and respect him and as he has now added excellent staff to his team, as the song goes, things will only get better"
"Steve provided courteous and professional guidance and explained everything in understandable terminology. He has now brought together both my husband’s and my numerous pension into two clear and well defined pensions."
As difficult as it may be, we want to help you to think ahead to the possibility of loss of income through death or illness of an earner or carer.
"We have previously dealt with Steve Danson when he advised us on investments and we have recently approached him to help us both find annuities. We have been very pleased with his professional and friendly service and would not hesitate to recommend him to other people seeking financial advice."
Banks Wealth Management aims to provide a
for our existing and new clients. We aim to help our clients to achieve their goals over the short, medium and long term in areas such as personal and family protection, retirement planning, investment and tax planning, estate planning* and house purchase.
Our clients come from many different backgrounds and have different needs. They include business owners, young families looking to protect their income and family from unexpected events, purchase homes and save for the future and retired couples who want to make the most from their savings and pensions and pass on as much as possible to the next generations*.
We do not charge for our initial meeting. The purpose of this short (20 to 30 minute) meeting, is for you to tell us about your objectives. If we can help (and we normally can), we will give you more information about our services and charges.
Our thoughts and specific recommendations are then input into a suitability report. This report details your circumstances, including family, income, expenditure, tax position, assets and liabilities. The report will confirm your stated objectives in financial advice terms and make detailed recommendations around the solutions outlined at the previous meeting.
If you are happy with the recommendations, we will help with the completion of any forms and the processing of any applications. Where necessary we will liaise with ceding schemes, product providers and lenders on your behalf.
Most plans will need to be reviewed on a regular basis. This is because people’s circumstances and objectives change, as does the economic and legislative landscape. For these reasons clients often sign up to our ongoing review service at the outset but clients who don’t feel that they need this service initially, can buy it later on an ad-hoc basis. Our ongoing service will usually include valuations, a face to face meeting at our office, a telephone meeting or skype call. It may also include advice on rebalancing investment portfolios, switching from fund to fund and various administrative issues. These may include consolidation of tax vouchers, facilitation of encashment or income production and reviewing progress of plans against objectives.
