Our
Services
As a small practice we
offer a highly personal service and we aim to develop a long-term working
relationship with clients. Most of our clients have been introduced to us
by their accountants or solicitors, and we receive many referrals from our
existing clients. We are accustomed to working closely with our clients'
other professional advisers.
Financial Planning
Although
investment management may be seen as the key to the long-term success of
meeting financial objectives, this cannot be achieved without substantial
recourse to effective financial planning. Our financial planning service
is based on a truly holistic understanding of our client's financial
situation, goals and attitude to investment risk, and we provide a full
financial planning service which covers six steps, as follows:-
1. Fact-finding
2. Setting of objectives
3. Analysis
4. Reporting and discussing options
5. Implementation
6. Reviews
The implementation process may include the arrangement of relevant
investments for you. MM Financial Management is a wholly independent
company and is not restricted in any of the funds or investment products
we may wish to use for our clients' wealth management and financial
planning purposes. The firm is privately owned and therefore not
financially tied or obliged to any particular fund manager or product
provider. We will advise and make a recommendation for you after we have
assessed your needs.
We aim to work
with our clients to provide ongoing reviews to ensure that their planning
remains relevant to their changing needs and circumstances. Where
requested we will recommend suitable amendments in response to changes in
circumstances or legislation.
Investment Management
In our experience, most
people's investment objectives are as follows:-
1. To maintain the value of their investments in real terms.
2. To have the facility to draw increasing levels of income in the future.
3. To have reasonable amounts of capital available at relatively short
notice.
4. To keep paperwork and administration to a minimum.
We aim to manage risk by using asset allocated portfolio modelling after
appropriate discussions with our clients about their circumstances,
objectives and attitude to risk.
Asset Allocation is an investment strategy that aims to balance risk and
reward by apportioning the assets within a portfolio according to an
individual's goals, risk tolerance and investment horizon.
The three main asset classes - equities, fixed-income, and cash and
equivalents - have different levels of risk and return, so each will
behave differently over time.
There is no simple formula that can find the right asset allocation for
every individual. However, the consensus among most financial
professionals is that asset allocation is one of the most important
decisions that investors make. In other words, the selection of individual
securities is secondary to the allocation of the investment in stocks,
bonds, and cash and equivalents, which will be the principal determinants
of the investment results.
Our research employs consensus models of Cautious, Balanced and
Stockmarket portfolios. The consensus models are based on the Life Office
Asset Allocation Analysis published monthly by Lipper and offer a quick
and simple portfolio framework.
The portfolios are split into asset sectors and suitable funds chosen
within these sectors. These criteria are used both in our selection of
funds for new portfolios and in the review process for existing
portfolios.
Our fund selection and review criteria have been developed over many years
and are based on statistical analysis and rigorous mathematical
principles.
Whilst past performance is no guarantee of future performance and fund
prices can fall as well as rise, we believe that a wide spread of
investments, including bank deposits, government securities, property as
well as equity backed investment funds can provide a way of protecting
accumulated wealth.
Please click here for our fund research and review criteria and standard
notes
