Despite the demands of your profession, there are a number of key financial planning needs you must address in order to ensure your own financial security and interests remain on course and protected, including: 

• When you last reviewed your financial planning arrangements and whether they remain aligned to your circumstances and goals, risk level and timeframes.
• Whether you have appropriate types and levels of financial protection in place.
• Whether your retirement planning is going to give you the freedom and flexibility you want.
• Whether your short, medium, and long-term savings and investments are best positioned to support your needs and working hard for you.

At Westgate Wealth Management, we understand the demands and complexities of a career at the Bar, from being self-employed and time-poor, to managing fluctuating income and aged debt; and with our specialist financial expertise and knowledge of the sector, provide comprehensive and holistic advice to barristers at all stages of their career.

The main areas of financial planning we address are as follows:

Your home may be repossessed if you do not keep up repayments on your mortgage.

The value of an investment with St. James's Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.

The levels and bases of taxation and reliefs from taxation can change at any time and are dependent on individual circumstances.

Please note that where a referral is made, the services provided will be separate and distinct to those offered by St. James's Place.

Trusts are not regulated by the Financial Conduct Authority.

With the benefit of a single relationship to meet all your financial needs and consultations tailored to fit your personal and professional commitments, we work together with you to develop a bespoke financial plan: addressing your needs, helping you achieve your financial goals and securing and enhancing your financial future.

To begin your financial journey with us or to simply learn more about Westgate and our services, contact us to arrange an initial, no obligation meeting.

Westgate has also produced a companion guide: ‘Financial Planning: The essentials for Pupils and New Tenants,’ which outlines the key financial planning steps more junior members should look to take when establishing themselves at the Bar. If you would like a complimentary copy, contact us here.