“I have just inherited some money.”
Read our client’s story of how we helped Anne bring her daughter, Holly, into the conversation about managing the family’s finances following the death of her husband.
Helping Anne understand what she needs to know
Anne was confused by the amount of paperwork she was receiving from different organisations. Her money was spread across two investment portfolios (one with Wimbledon Wealth), savings accounts (not with Wimbledon Wealth) and three bank accounts, as well as NS&I premium bonds in the UK. Martin had always looked after everything, and Laura didn’t really understand how it all fitted together.
When talking about money, I always think it’s a good idea to include other people who are close to you, and so I recommended Anne’s daughter Holly join our meetings. This meant Anne would have someone else there to ask the questions she might not feel comfortable bringing up herself.
In the first instance, I suggested Anne would find it easier to keep track of her money if she had fewer accounts. She agreed and so I combined the two investment portfolios and merged her savings.
As a result, all of Anne’s investments are now managed by Wimbledon Wealth, and the family knows they can contact me any time if they need anything.