myNLPFM
All Posts By

Elena Kale

Mar 05
0

NLP Financial Management joins Truinvest Group

By | Financial Planning, Investment News, Latest News

We are delighted to announce an exciting development for our company.

We have now joined the Truinvest Group, one of the country’s most innovative emerging financial services groups.  We will be the core business within the group, offering our investment management service via our discretionary platform to other companies within the Truinvest Group.

Truinvest was established in 2019 by co-founders Mark Smith and Micky Johal, former colleagues at wealth management advisors Mattioli Woods plc. Truinvest has the backing of Stonewood Wealth Management, a prominent family office that looks after assets in excess of $2.5 billion.

The addition of NLP Financial Management to the Truinvest Group, results in a new Group already handling assets under advice and management of almost £1.1 billion.  This also provides a great platform for the NLPFM group to develop and provide new avenues for the delivery of financial services and bespoke specialist advice to our clients, complementing how financial planning has been “traditionally” delivered.

There will be no changes in the day to day management of your affairs, it’s business as usual from our point of view.  Adam Katten remains NLPFM Managing Director and Lee Pittal, Chief Operations Officer.   Adam and Lee will also join the Truinvest Leadership Team.

We look forward to continuing to provide you with a high quality and ever-improving financial planning service.

If you do have any questions about this exciting development, please do not hesitate to contact your usual financial planner or contact us at [email protected]

Mar 05
0

The Budget Highlights – 2021

By | Financial Planning, Investment News, Latest News

The 12 months between the March 2020 budget and the one delivered on 3rd March 2021 has been, to coin a popular phrase – “unprecedented.”  We have seen 3 lockdowns, the economy shrink by 9.9%, Coronavirus support measures costing upwards of £280 billion and a tragic death toll within the UK from a pandemic we simply never saw coming.

As a result, Government borrowing – the budget deficit – is expected to rise from a forecasted £55 billion to about £355 billion by the end of 2020-21. Meanwhile, national debt is already approaching 100 per cent of GDP at £2.1 trillion and could rise to 120 per cent of GDP during the first half of the decade according to the Office for Budget Responsibility (OBR).

The widely respected Institute for Fiscal Studies (IFS) warned late last year that around £40 billion of tax rises will be needed by the middle of the decade to keep borrowing down to £80 billion a year and debt down to 100 per cent of GDP, prompting intense speculation that they could come as soon as this Budget.

With the Conservatives having committed in their 2019 General Election Manifesto not to raise the rates of Income Tax, National Insurance or VAT, there was much speculation about where and how the Chancellor would start to recoup these huge losses and over what period of time.

Thankfully, the UK is feeling the optimistic effects of a robust vaccination programme which at the time of writing has seen more than 20 million people vaccinated against Coronavirus, with set dates in the diary for the pathway out of lockdown.

So what does this new Budget mean for you and your personal finances?  Read more in our highlights document and as always, if you have any questions about your financial goals, investments or portfolio please do get in touch.

Feb 14
0

NLP Financial Management Chief Investment Analyst appointed Assistant Professor in Finance

By | Financial Planning, Latest News

We are pleased to announce that Jacob H Schmidt PhD, has been appointed Assistant Professor in Finance (from Senior Lecturer in Finance) at Regent’s University London, a private university where he has been teaching and researching Finance and Economics since 2002.

Dr Schmidt, who is our Chief Investment Analyst and leads our team of five investment analysts, is a published academic and investment professional with over 30 years of experience in financial markets.  His most recent research has focused on sustainability in financial markets, wealth tech and women in fund management.  His research is both quantitative and qualitative in nature.

At NLP Financial Management he runs the fund selection, credit and counterparty risk analysis and due diligence on platforms.  Jacob sits on our investment committee and continues to play a crucial role in ensuring our client care and service levels have remained consistently high during the challenges of the past 12 months.

Feb 04
0

We’re finalists for the 8th consecutive year!

By | Financial Planning, Latest News

Despite the ongoing Covid pandemic, Professional Adviser (an information service for UK-based regulated financial advisers) has continued to celebrate the successes and achievements of financial adviser firms by moving their annual awards for 2021 online and we have just been announced as a finalist for the Adviser Firm of the Year in London, for the 8th year in a row!

In a list of only eight finalists for London Financial firms, we are consistently proud of this achievement especially as there are now 968* financial services organisations listed with headquarters in London*.   We are also aware that no other London firm has been recognised this consistently over a similar period of time.

This announcement highlights our determination to ensure the pandemic did not adversely impact our clients in terms of our customer care, service and desire to be a safe pair of hands for our clients throughout all stages of their financial journey.

With these awards now in their 16th year, more than 200 advisers, firms and providers were taken into consideration during the 2021 selection process.   We will discover in March, during an online awards event, whether we have won, however we are intensely proud of our team for this ongoing accolade and recognition, underpinning our perpetual drive to remain a leading firm of financial planners.

*https://www.crunchbase.com/hub/london-finance-companies#section-overview

Jan 08
0

Lockdown number 3, but it’s business as usual…

By | Investment News, Latest News

Whilst we were still wishing friends and colleagues Happy New Year, last Monday England once again plunged into another lockdown.  Although for many of us, it didn’t come as a huge surprise, at least this time round there is some light at the end of the tunnel with the acceleration of the vaccination programme rolling out across the UK.

For us, at NLP Financial Management, it really is still business as usual – or at least the usual we are now accustomed to.  We learnt many lessons last year during the first lockdown period and so we can absolutely reassure you that we are still pro-actively working and still at the other end of a telephone or email to answer any questions you may have.

Our teams are now primarily working from home although an office presence is being maintained to deal with the post.   In addition, our investment committee is still meeting regularly online to ensure we provide as comprehensive a service as we did before the pandemic existed.

We are hopeful, as are the rest of the nation, that this lockdown will be short and sharp and we can return to a degree of normality as we head towards Spring.   Please rest assured that we are here Monday to Friday during normal opening hours and hopefully we will see some of you face to face in the not too distant future.

Dec 14
0

We’ve been shortlisted for a third year in a row!

By | Financial Planning, Latest News

We have recently been advised that for the third year in a row, NLP Financial Management has been shortlisted as one of Professional Adviser’s “Best Financial Advisers to Work For”.

To remain on this list for three consecutive years, especially during the tumultuous year that we have all experienced, demonstrates our dedication to our team and the support we have shown them during 2020.  This award is submitted through all staff completing a survey, which in turn  underlines the fact that our people are consistently happy to work here, developing their chosen careers in an environment that allows them to thrive.

We will discover in early 2021 whether we have been announced as the winners, which sadly is unlikely to be in person due to the current restrictions.   Regardless of the final result, we are delighted to have sustained our shortlist position and are exceptionally proud of our team, who have really pulled together this year living and breathing our company ethos.  As we move forward into 2021, we will continue our commitment to being an employer of choice that attracts, retains and nurtures exceptional talent within the financial services industry.