We are a family owned business which was founded on 1 March 1978. KFA stands for professionalism, service, integrity and continuity.

We believe, that at the core, Financial Planning is about you engaging with your money. The process of planning can be as much about having matters clear in your mind, as it is about having things clear on paper. Financial Planning is an ongoing process to help you make sensible decisions about money and it starts with helping you articulate the things that are important to you. These can sometimes be aspirations or material things, but often they are about you achieving peace of mind.

Financial Planning provides direction and meaning to your financial decisions. It allows you to understand how each decision you make affects other areas of your finances. For example, buying a certain product might help pay your mortgage faster, but conversely, might delay your retirement or reduce funds available to pass on to your children now. By viewing each financial decision as part of a wider strategy, you can consider the short and longer-term effects on your goals. By implementing a suitable financial plan to meet these goals, you will gain control and peace of mind, knowing that you are on track for the future you want for yourself and your family.

KFA Wealth, Investment and Short-Term Financial Planning offers independent advice. We begin the advice journey by assessing the whole of the market, for and on behalf of our clients. This ensures your objectives are met by choosing from the widest range of products or service providers.

We are not tied to any provider’s products and we are unbiased in our selection process in that we assess the breadth of the market and we do not receive inducements from any product provider when recommending products and services.

The real question here is perhaps, “How much is expensive?” The aim of Financial Planning is to provide you with a robust strategy to make the best use of your money. Very often our recommendations can save you significant amounts of tax over the years; or they can enhance your investment returns.

We do not charge an upfront advice fee for providing a critical analysis of your personal situation and making bespoke recommendations. The combination of time, detailed research, expertise, regulation and ensuring that KFA remains a secure and stable business to support you for the longer term all play a part in costs. Should you decide to retain us as your Financial Planner we charge an ongoing fee to ensure that your plan remains on track and appropriate, and that legislative or taxation changes do not lead to any derailments.

If we feel our Financial Planning services would not give you real value for money, perhaps because your situation doesn’t require a detailed plan, we will tell you.

We will normally cover the cost of the initial meeting, so you should feel confident to talk openly about your situation without fear of an unexpected bill.

We are living longer and so it is very likely that what you have today will need to last for many years – in fact, many of us underestimate the impact this can have on our savings. What matters most is what our money can buy or do for us, not what its value is on paper. This is the impact of inflation, and it can be a significant threat. Living for a long time also brings the issue of possible care needs in later life. People at this stage in life are also typically more conscious of Estate Planning and in making plans for their family’s future. So, we believe Financial Planning in retirement is every bit as important as Financial Planning for retirement.

We believe it is important to have a thorough understanding of your personal situation before we make any recommendations. Only then can we help you to build your own individual plan. Remember that products or services may be the jigsaw pieces, but they are not the whole picture. Whether your plan is simple or complex, an ongoing relationship can be vital. Think about Financial Planning as a journey – you can travel solo to a place you have never been, once someone has booked you on the right plane, but wouldn’t it be better to have a guide once you land?

Option A: going it alone
If you are looking for free general information and guidance on money topics such as “What is an annuity?” or finding the best cash rates available, there is plenty of reliable information online.

Option B: seeking professional advice
You can be confident that a personalised plan will be developed for your circumstances. This tailored approach will be flexible and adaptable and will be as a result of a detailed analysis by a professional planner, drawing on their knowledge and experience. This will help cut through jargon and marketing speak and tell you what is right for you. As circumstances change, whether in your own life or due to regulations and tax, the pieces in the jigsaw can be changed to ensure you remain on track.