Obiter Wealth Management

A Message from Lord Pickles and Lord Blunkett, followed by Obiter Wealth Management's best practice article

The ability to listen and learn from one another has always been vital in parliament, in business and in most aspects of daily life. But at this particular moment in time, as national and global events continue to reiterate, it is uncommonly crucial that we forge new channels of communication and reinforce existing ones. The following article from Obiter Wealth Management is an attempt to do just that. We would welcome your thoughts on this or any other Parliamentary Review article.

Blunkett signature Rt Hon The Lord David Blunkett
Pickles signature Rt Hon The Lord Eric Pickles

www.obiterwm.co.uk

THE PARLIAMENTARY REVIEW
Highlighting best practice
38 | OBITER WEALTH MANAGEMENT
CEO Richard Fraser
Helping clients maximise their
finances for every stage of their life
Obiter is a wealth management firm with a difference.
As part of the highly regarded Frenkel Topping Group,
it applies the same principles of investing to wealth
management clients as it would to its vulnerable client group.
Launched in December 2017, the organisation helps its clients
maximise their finances for every stage of their life. CEO Richard
Fraser elaborates.
The number of professionals who claim to offer financial advice is vast, so vast, in
fact, that it can be difficult to define what “financial planners” are and the skills
they need to work effectively with their clients. Often there is a sense of mistrust in
the marketplace, and over the years, several misselling scandals involving pensions,
investments and commission-driven products have left many people sceptical of
approaching financial advisers for advice.
At Obiter, we are determined to cut through the hyperbole and provide honest,
straight-talking financial advice that tackles the issues people want resolved when
planning their financial future. Getting the right financial adviser is crucial when it
comes to making life-changing financial decisions.
In a crowded market where people want straight-talking advice and trust, we
are offering financial planning with a difference – we use clear language and a
common-sense approach to help our clients understand the impact of the markets
on their money and to maximise their investments.
Obiter is a division of the Frenkel Topping Group alongside Frenkel Topping Limited
and Ascencia Investment Management. As a leader in its field, the group is a highly
FACTS ABOUT
OBITER WEALTH MANAGEMENT
»CEO: Richard Fraser
»Established in 2017 as part of
the Frenkel Topping Group
»Based in Salford, Greater
Manchester, with offices in
Birmingham, Cardiff and Leeds
»Service: Independent
financial adviser and wealth
management company
»No. of employees: 70 (Frenkel
Topping Group)
»As experienced financial
advisers we provide bespoke
investment plans for our clients
for every stage in their life
Obiter Wealth
Management
39OBITER WEALTH MANAGEMENT |
BEST PRACTICE REPRESENTATIVE 2019
specialist asset manager, providing
expert opinion, independent financial
advice, wealth management and
litigation support services. Launched
in 2017, Obiter is a natural extension
of our core business, providing holistic
financial planning and a range of
ancillary services to the professional
services industry.
Planning for life events
In today’s market, access to investment
has never been easier; however,
navigating this minefield for the novice
investor is very complicated so it is
essential that people select the right
type of adviser.
Our team of experienced independent
financial advisers are committed to
helping our clients make the most out
of their investments. Whatever they
are planning or saving for, we make
their money work hard, so they get
the financial results they require at the
right time in their life.
At Obiter we help our clients plan for
the unexpected and offer advice when
circumstances suddenly change. We
have the empathy and understanding
we have built up through our core
business and we apply these same
principles to helping our clients
navigate the bumps along the road.
We help our clients who have money
to invest to plan for a series of life
events; this can include saving for
their children’s university education,
financial planning following a divorce,
inheritance or change in employment,
protection in case of critical illness
or if they are simply planning for
retirement.
Financial planning for an
ageing population
The UK has an ageing population,
which is leading to an increasing
demand for our advisers to provide
advice on planning for older age.
Research from the Office of National
Statistics highlights that around 18.2
per cent of the UK population were
aged 65 years or over in mid-2017,
compared with 15.9 per cent in
2007. This is projected to grow even
further to 20.7 per cent by 2027.
This, coupled with improvements in
healthcare and healthier lifestyles,
has resulted in the population
gettingolder.
In our experience, wealth is
concentrated in older age groups who
are looking for ways to pass this on
to their children and grandchildren.
At the same time, increasing life
expectancy means they also need to
start planning their financial future to
sustain them into older age.
Safeguarding pensions
Pensions is another challenge facing
the market. Pension freedoms have
created numerous options for people
reaching or of retirement age and
increasingly they are seeking advice.
In addition, in today’s world few
people enjoy a job for life. In fact,
research predicts that people will
change employment up to 15 times
before retirement. Therefore, people
often have several different pension Helping our clients
secure their families’
futures
We are
determined to
cut through the
hyperbole and
provide honest,
straight-talking
financial advice
that tackles the
issues people
want resolved
THE PARLIAMENTARY REVIEW
Highlighting best practice
40 | OBITER WEALTH MANAGEMENT
pots. It can be hard to keep track of
exactly where money is invested and
whether it is the right plan to meet
individual needs. At Obiter we help
our clients navigate the often baffling
world of pension investment, advising
on whether to merge, consolidate,
combine or transfer pension pots.
Experts for our clients
Alongside traditional wealth
management, we use our breadth of
knowledge and heritage to offer expert
witness reports in divorce proceedings,
contentious probate disputes and
Court of Protection proceedings. We
have been providing industry-leading
litigation support through our highly
qualified team of expert witnesses for
over three decades and ensure clients
are not taken advantage of at a time
when they are most vulnerable
Ensuring financial wellbeing for
increased independence and quality
of life after life-changing events is
paramount to us, and we have proven
success in helping to deliver this at
the pre-settlement stage. At Obiter,
we do this by combining our industry-
leading expert witness knowledge with
the latest technology and working
collaboratively with our clients. This
ensures best-in-class, accurate and
clear reports to ensure the very
bestoutcome.
Doing things differently
We are determined not to baffle our
clients with complicated reports and
astronomical fees as our emphasis is
on making money last a lifetime. When
it comes to making investments work
hard, we think outside the box.
Our advisers are independent,
trustworthy and honest and base their
investment decisions on analysis, not
gut instinct, knee-jerk reaction or fear.
Online portals offering financial advice
do not compare to the relationship
clients build with our advisers. We
pride ourselves in taking time to
understand what matters – providing
straight-talking advice. We are not
interested in quick fixes but prefer to
tailor-make investments, so clients
can draw on their money and plan to
release capital whenever they need it.
Our clients work hard to guarantee
their financial security, so we ensure
they are afforded financial freedom
in retirement. This is increasingly
paramount in today’s highly volatile
climate with the financial uncertainty
Brexit brings with it.
Obiter works with doctors,
entrepreneurs, barristers, senior
managers and commercial partners
across a variety of businesses and
professional service sectors, specialising
in insurance, employee benefits,
company pension schemes and director
shares services.
Solid foundations
The experience of the Frenkel Topping
Group has provided the foundation
for our approach to investment. It
has helped us to understand that our
clients do not only want to make the
most out of their money but, more
importantly, they also want to feel
secure about their finances and that
their family’s future is safe.
Our specialists
can give
people the
right advice as
they move
through the
various stages
of life
Honest, straight-talking
financial advice

www.obiterwm.co.uk

This article was sponsored by Obiter Wealth Management. The Parliamentary Review is wholly funded by the representatives who write for it. The publication in which this article originally appeared contained the following foreword from Rt Hon Kwasi Kwarteng.

Rt Hon Kwasi Kwarteng's Foreword For The Parliamentary Review

By Rt Hon Kwasi Kwarteng

This year’s Parliamentary Review reflects on a tumultuous and extraordinary year, globally and nationally. As well as being an MP, I am a keen student of history, and I am conscious that 2020 would mark the end of an era. It will be remembered as the year in which we concluded Brexit negotiations and finally left the European Union. Above all, it will be remembered as the year of Covid-19.

In our fight against the pandemic, I am delighted that our vaccination programme is beginning to turn the tide – and I pay tribute to the British businesses, scientists and all those who have helped us to achieve this. But the virus has dealt enormous damage, and we now have a duty to rebuild our economy.

We must ensure that businesses are protected. We have made more than £350 billion available to that end, with grants, business rates relief and our furlough scheme supporting more than 11 million people and jobs in every corner of the country, maintaining livelihoods while easing the pressure on employers. The next step is to work with business to build back better and greener, putting the net zero carbon challenge at the heart of our recovery. This is a complex undertaking, but one which I hope will be recognised as a once in a lifetime opportunity.

Through the prime minister’s ten point plan for a green industrial revolution, we can level up every region of the UK, supporting 250,000 green jobs while we accelerate our progress towards net zero carbon emissions.

With our commitment to raise R&D spending to 2.4% of GDP and the creation of the Advanced Research & Invention Agency, we are empowering our fantastic researchers to take on groundbreaking research, delivering funding with flexibility and speed. With this approach, innovators will be able to work with our traditional industrial heartlands to explore new technologies, and design and manufacture the products on which the future will be built – ready for export around the globe.

And I believe trade will flourish. We are a leading nation in the fight against climate change. As the host of COP26 this year, we have an incredible opportunity to market our low-carbon products and expertise. Our departure from the EU gives us the chance to be a champion of truly global free trade; we have already signed trade deals with more than 60 countries around the world.

As we turn the page and leave 2020 behind, I am excited about the new chapter which Britain is now writing for itself, and for the opportunities which lie ahead of us.
Rt Hon Kwasi Kwarteng
Secretary of State for Business, Energy and Industrial Strategy