Introducing WealthPlan
A cornerstone of effective financial planning is having a clear sense of your ‘numbers’ - both now and in the future. Your income, outgoings, capital and, of course, your financial goals over the short, medium and long term.
WealthPlan is our innovative new technology that brings together all of your financial information, and provides a year-by-year graphical summary of your estimated future capital and income vs your targets.
A powerful financial planning and cashflow modelling tool, WealthPlan helps you take control of your money and provides a mathematical foundation for important, and often emotional, financial decisions.
How it works
Extremely flexible, WealthPlan underpins our strategic financial planning services and is designed to handle even the most complex financial arrangements. Using your current asset values, income streams, targets and known/planned future activity (e.g. regular contributions or withdrawals), WealthPlan provides a graphical projection of the estimated future value of your capital and income, clearly highlighting any shortfall or surplus.
With a visual, year-by-year forecast, we can rigorously assess the sustainability of your current plans, model different scenarios and advise on any changes needed.
WealthPlan is an effective tool for any long-term savings or investment goals, but is particularly valuable when planning for life’s financial milestones, such as:
- retirement planning
- monitoring your pension savings against the lifetime allowance (LTA)
- post-divorce income planning
- estate and intergenerational planning
- school fees planning
If you use any of clarity’s ongoing strategic financial planning services*, then WealthPlan is included at no extra cost.
*clarityONE-TO-ONE, clarityONE-TO-ONE+ or clarityELITE
Comprehensive, flexible and at your fingertips
Crucially, all the set-up is done for you. Your clarity advice team create your initial WealthPlan, ready for discussion during your financial planning meetings. Once created, you can then securely access your WealthPlan via clarityONLINE at any time. Not only that, you can create multiple versions, allowing you to model different scenarios and save these for future reviews.
Using the powerful online modeller, you can instantly see the potential impact of any financial change, for example:
- increasing your regular pension savings or investments
- one-off capital contributions or withdrawals – such as an inheritance, property sale/purchase or tax payment
- changes in assumed investment returns, charges, interest rates or inflation
WealthPlan clearly highlights any shortfalls in your plans, along with details of how your capital could close the gap. And it really is completely flexible – for example, your target future income levels can change from year to year – with no limit on the number of changes.
Why choose clarity as your financial planning partner?
We’ve been helping our clients achieve their financial goals and manage their wealth for over 25 years. WealthPlan is the latest addition to the market-leading technology that underpins our strategic financial planning and investment management services. All of our advice is bespoke to each client, and you choose the type of service and level of support that’s right for your needs.
Our experienced, highly qualified and personable team of chartered financial planners are dedicated to providing the highest quality financial and investment advice. That means working closely with you to create a long-term financial plan to achieve your goals, in a tax-efficient way and at a level of risk that you’re comfortable with. And if ethical and/or environmental factors are an important consideration for you, our investment management services even include a range of ESG* portfolios and associated ESG buy list.
clarity is completely independent, meaning we’re not tied to any product provider, platform or investment management group. So we can always recommend the most suitable option for your specific needs, without being limited to a particular product range. clarityONLINE, WealthPlan and VirtualWrap® are all proprietary systems; designed, built and maintained by clarity’s in-house development team.
*Environmental, social and governance: a method of assessing a company’s sustainable and ethical criteria when choosing investments
For more information
If you would like to discuss how WealthPlan and our strategic financial planning services could benefit you, please don’t hesitate to contact us on 0800 368 7511 or enquiries@clarityglobal.com. Or you can send us a message using the form below.