Arthur J. Gallagher Wealth Management

Your future in focusManagementWealth

2 | Arthur J. Gallagher – Wealth Management

We will help you achieve your aspirations for tomorrow by managing your wealth with integrity, precision and diligence.

ContentsWelcome 5 A message from Tim Johnson

The bigger picture 7 Arthur J. Gallagher

Maintaining a strong relationship 8 Our commitment to you

Thinking about your future 11 What does a financial plan look like?

To trust and be trusted 12 Building your plan

Nothing stays the same 15 Managing your plan

Meet some of our clients 16

Arthur J. Gallagher – Wealth Management | 3


‘We adhere to the highest standards of moral and ethical behaviour.’ The Gallagher Way, Value 21.

WelcomeA message from Tim JohnsonThank you for this opportunity to introduce you to Arthur J. Gallagher. We provide wealth management advice to individuals with precision and discretion, helping them to build a stronger future by carefully managing their finances today.

As one of the largest risk management organisations in the world, our skills and experience in financial services naturally lend themselves to the careful stewardship of your financial wellbeing and personal wealth.

Established in 1927, Arthur J. Gallagher is a secure and growing global organisation operating in over 140 countries with some 20,000 employees. We have a well-established and growing presence throughout the United Kingdom supported by highly qualified financial professionals dedicated to the delivery of effective personal wealth management.

So, what makes Arthur J. Gallagher different? We provide our clients with a distinctive service delivered with professional excellence. This is supported by three important qualities which, together, make our approach to managing your wealth unique:

Our ethical values:We understand the need for trust in a professional relationship. As the only organisation of our kind in the world to have been recognised by Ethisphere® for our dedication to preserving and growing our ethical culture, you can have the comfort of knowing you are dealing with a proven and trusted adviser committed to upholding these professional standards.

Our investment agnostic approach:Unlike many wealth managers, we do not insist on managing the way in which your money is invested. Our approach is wholly-agnostic, meaning we will help by guiding you to a solution that meets your needs rather than insisting you enter into an arrangement of our own as a requirement of our advice.

We are outcomes-led, not product-driven:Our service is dedicated to protecting, managing and growing your personal wealth. This means we measure the value of our advice by constructing personal advice that delivers successful outcomes, not by selling products.

This guide provides an insight into what you can expect from your Arthur J. Gallagher wealth management adviser and the services available to you. If you would like to know more, please do not hesitate to get in contact with us using any of the details provided in the guide.

I look forward to welcoming you as a client. Thank you for considering Arthur J. Gallagher.

Tim Johnson

Chief Executive | Wealth Management | UK



When will I be able to retire?

Do I understand all my options?

How do I make sure I do not run

out of money?

Do I really know the risks I face? What happens

to my loved ones if I’m no longer

around?

How can I afford to pay for my children’s education?

The bigger pictureArthur J. GallagherThe story of Arthur J. Gallagher is more than 85 years in the making, comparable to few and is as unique in its strengths as it is rich in history. Founded on the values of integrity, professionalism and empathy, we have grown to become one of the largest risk management and insurance intermediary organisations in the world. Today our employees adhere to these same values, applying them to their professional conduct and relationships with their clients, whatever their needs.

Our culture is deeply important to us and we understand the value our clients place on trust, ethics and sound governance. We are the only organisation of our kind in the world to have been recognised as one of the World’s Most Ethical Companies® by the ww® Institute – four years in a row. This means you can have the comfort of knowing you are dealing with a proven and trusted adviser committed to upholding these professional standards.

Our wealth management service is provided by a team of highly qualified and experienced financial professionals, dedicated to delivering clear and attentive personal financial advice. Located across the United Kingdom, they are supported by a team of administrators and paraplanners that specialise in consumer finance, using state-of-the-art technology to ensure that your service is provided with diligence and precision, and that the advice you receive is both class-leading and built uniquely around you.

We are passionate about delivering client excellence through a comprehensive range of expertise, delivered with an empathetic and personal touch. Whether you are seeking advice on how best to structure your retirement income or how to effectively secure a financial future for your loved ones, Arthur J. Gallagher’s wealth management advisers will help you see the bigger picture – and ensure it stays in focus.


‘We push for professional excellence.’ The Gallagher Way, Value 3.

Search ‘The Gallagher Way’


Maintaining a strong relationshipOur commitment to youFrom your day-to-day dealings with us to the quality of professional advice you receive, our intent is to ensure your experience with Arthur J. Gallagher is unrivalled.

Whilst we insist on a high degree of technical qualification and continuous professional development for all of our wealth management advisers, we place an equal importance on the strength of their communication and people skills.

That is why you can be assured that, in all of your dealings with Arthur J. Gallagher, we will always:

• communicate clearly and concisely, in plain English

• be proactive in supporting you, your personal financial plan and your goals

• place an emphasis on the personal delivery of our service to you

• act in an honest, transparent and ethical manner

• listen to your feedback

We often have to deal with the unexpected, both good and bad, so it goes without saying that the strongest financial plans are those built to withstand change. We believe the best way of achieving positive financial outcomes is through developing and maintaining a strong relationship, investing time to build your financial plan and taking time to review it regularly with you.

As a trusted adviser to you, we will always support you in achieving your aspirations by ensuring:

• your plan is designed and managed in a way that is sensitive to your needs

• you have the opportunity to review your plan as regularly as you require

• your short-term and long-term goals are at the heart of everything we do

• any solution we have recommended as part of your plan remains suitable and provides genuine value

• investments are continually managed in line with your attitude to risk


‘People skills are very important at Arthur J. Gallagher.’ The Gallagher Way, Value 18.


‘We run to problems - not away from them.’ The Gallagher Way, Value 20.

Thinking about your futureWhat does a financial plan look like?The most important quality of a robust financial plan is that it is unique to you, supports your aspirations for tomorrow and recognises your personal circumstances as they stand today.

Whist the order of priority will vary according to your needs, we will build your financial plan on the following foundations:

Cash Flow AnalysisHelping you plan ahead for the things that really matter.

Everybody has goals and personal aspirations. Whether it is a wedding or a holiday home, paying school fees or funding a pension, having a long-term financial plan can make them a reality. Our cash flow analysis will quantify your investment needs, forecasting the growth and time horizons required to ensure you can realise your aspirations.

Protection adviceProviding peace of mind if things go wrong.

The strongest financial plans are built on the firmest foundations. We will help you understand your personal risks and the effects they might have on your future plans, loved ones and business. Knowing these, we will build a backup plan that protects your standard of living, your family and your future.

Estate PlanningSecuring a valuable legacy for your loved ones, not the tax man.

Inheritance tax is often seen as a ‘voluntary tax’. We provide careful and sympathetic planning to reduce or mitigate tax exposure, ensuring your legacy will be passed on to your desired recipients – be it family, friends, trusts or charities – in the right way, at the right time.

Pension Funding and Retirement PlanningPutting your pension to work after finishing work.

Retirement is changing – both longevity and the range of retirement options available have increased significantly. Whether you choose to gradually reduce your working commitments or stop working altogether, we will support your choice – before, during and after. Your income will be managed according to your lifestyle needs without paying unnecessary tax, accounting for any significant events such as travel or family weddings, and will help you preserve the value of your pension for future years.

Investment Advice Stewardship of your investments to protect, optimise and grow wealth.

We will help you understand your priorities, time horizons and attitude to risk, shaping a unique and tax efficient investment plan around your goals. We will work closely with your selected investment manager to ensure the strategy supports your objectives and regularly review your portfolio to ensure it remains invested in the right way, to protect and grow its value.


‘To trust and be trusted is vital.’ The Gallagher Way, Value 8.

To trust and be trustedBuilding your planToday, consumers have access to an ever-increasing range of financial instruments, products and services. This can mean getting precisely the solution you need but knowing which combination of these is right for you can be very difficult. A strong financial plan will ensure you have the right solutions in place, supporting your aspirations in a clear and sustainable way.

Our first priority will be to get to know one another as much as possible. Our financial planning process starts with a conversation about your existing personal and financial circumstances and plans for the future. We will listen carefully to any problems or concerns you have, identifying together what you want to achieve personally and financially, and consider ‘what-if’ scenarios and the potential effect that major life events might have on those plans.

Once we have agreed your priorities we will ask to gather information relating to any existing financial arrangements that you already have in place. Usually, this will include details of any savings, investments, pensions, protection arrangements and any tax planning you have undertaken, such as trust arrangements or your will.

We will discuss your views on the suitability and performance of these existing arrangements and consider whether they are appropriate in supporting your financial plan. As financial arrangements of any kind carry some form of risk, we will quantify your attitude to risk and discuss how comfortable you are that they agree with your tolerance levels.

Once we have a thorough understanding of your priorities and existing arrangements, we will construct a clear and robust financial plan, providing you with clarity on your existing circumstances and an understanding of what you need to do in order to realise your future ambitions.

We will take time to talk through our recommendations with you and answer any questions you have. When you are ready, we will implement the financial plan we have agreed together, empowering you to take control of your future.


Nothing stays the sameManaging your planThere is no ‘set and forget’ option when it comes to responsible financial planning. To achieve what is most important to you, you need a sustainable plan that can adapt to changes in your needs and circumstances at the time.

Your Arthur J. Gallagher wealth management adviser will agree a review schedule with you according to your needs and the complexity of your plan. We will always make time to discuss any changes in your personal or financial circumstances at each review and agree any changes required to ensure you stay on target.

If things change unexpectedly, you can arrange for an interim review to discuss the impact on your financial plan. Your Arthur J. Gallagher wealth management adviser will ensure your new circumstances are taken into account and recommend a suitable change of tactics so that your plans for tomorrow are not compromised; leaving you to concentrate on what needs attention today.


Meet some of our clients

Meet Mark and SarahMark and Sarah are in their late 40s and have built a successful media business.

Time had not allowed them to pay much attention to their longer-term financial planning and, over the years, their profits had mostly been reinvested into the business.

Although Mark and Sarah do not intend to give up work just yet, they recognised that, at some point, they will want to exit the business and live a less hectic life. They also recognised that they are both key to the success of their business, meaning their financial situation would change dramatically if either of them were unable to work due to unforeseen circumstances.

A friend recommended they contact Arthur J. Gallagher to help them understand their financial position and talk about their aspirations for the future. Their wealth management adviser helped them identify their key priorities, building a financial plan that took into account their specific circumstances and risks that could affect their future plans, and included:

• a sensible and efficient remuneration strategy

• a strategy to minimise the tax payable as and when they choose to sell their business

• a means to protect their financial circumstances and way of life in the event something happened to stop Mark or Sarah from working

Mark and Sarah continue to enjoy focusing on their business, safe in the knowledge that their future plans are better protected and their financial affairs are structured as efficiently as possible.

Say hello to JohnJohn is 55 years of age and had read about the many changes to pension rules in the last few years with great interest.

In addition to the benefits he had built up with his current employer, John had funds in two personal pensions from previous employers, and benefits in a final salary pension scheme from a company he worked for many years back.

With his children now grown up and with only a small mortgage, John’s outgoings had reduced and he recognised it was time to consider what he would need to do to achieve retirement at 60, which had long been his ambition.

John contacted a wealth management adviser at Arthur J. Gallagher to discuss his plans. His adviser undertook a full audit of his pensions and helped him understand the changes needed to fulfil his ambition of retiring at 60. His financial plan included:

• a valuation of all pension benefits and the income he could expect to receive from them at 60

• a recommendation to increase his pension funding in order to meet his aspirational retirement age

• recommendations to establish new tax-efficient investments, spreading his sources of retirement income to reduce the amount of tax payable

• an ongoing review process to monitor where his contributions are invested and that they remain within his tolerance to risk, given his proximity to his intended retirement date

John now has a full understanding of what he can expect from his financial arrangements and a clear plan to ensure he is able to retire when he wants with a comfortable income.


This is CarolAt 68, Carol was recently widowed.

Fortunately, in addition to her state pension, Carol receives 50% of her late husband’s pension, which means she was left with a comfortable income to live on. However, she also has savings of around £250,000, much of which formed part of her late husband’s estate, and lives in a property worth close to £1,000,000.

Concerned about the family legacy and having no experience in managing investments, Carol needed a trusted adviser to help her understand what had to be done to organise her estate and to make the best decisions with her savings.

Carol turned to Arthur J. Gallagher, meeting a wealth management adviser who took time to understand her priorities, needs for capital preservation and desire to ensure her and her late husband’s legacy was left intact for their children. Carol’s adviser supported her with a number of recommendations, including:

• a sensible investment strategy in assets matching the level of risk Carol was comfortable taking

• arrangements that ensured her investments were tax efficient

• careful planning to mitigate inheritance tax

Carol is much happier now she has control of her financial affairs. Her capital is arranged in a way that keeps inflation from eroding the value of her savings, and her children will receive the maximum benefit from the family legacy.


‘The client’s interests are at the heart of everything they do’ Corporate Adviser, 2015

Our serviceArthur J. Gallagher is authorised and regulated by the Financial Conduct Authority and provides a restricted advice service for retail clients. This means that we will offer you objective, professional advice on most aspects of your financial circumstances based on an impartial market review. However, we may not offer advice on all retail investment products.

How do I know Arthur J. Gallagher is right for me?We provide professional financial advice to clients from different backgrounds and with varying needs. Whether they are business owners, entrepreneurs, senior executives or company directors, the one thing they have in common is that they are busy people seeking long-term, effective financial planning and wealth management advice.

Taking the next stepIf you want to know more about how we may be able to help you please contact us using the details below. A colleague will contact you as soon as possible to discuss your needs.

If you choose to proceed, we will arrange a complimentary financial planning meeting with you to discuss your needs and goals.

How to reach us

+44 (0)20 7204 8990

[email protected]

www.gallaghereb.com

@ajgbenefits

Getting started

Business Without BarriersTM Arthur J. Gallagher (Employee Benefits) and Arthur J. Gallagher (Wealth Management) are trading names of Gallagher Risk & Reward Limited, which is authorised and regulated by the Financial Conduct Authority. Not all business carried out by the company is regulated. Registered Office: The Walbrook Building, 25 Walbrook, London EC4N 8AW. Registered No. 3265272 England and Wales.

Arthur J. Gallagher Wealth Management

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