W&F Issue 3 2018

www.wealthandfinance-news.com 24 Wealth & Finance International - Issue 3 - 2018 Established in 1988, MPA FM is an Independent Financial Adviser specialising in pensions and investments. Adaptable and versatile, the team offers the whole range of financial planning services, but operates with a main focus on the near, or at retirement market. Dealing with a wide range of clients, the business currently employs 12 advisers, 14 administrators and two finance and facility related staff, all of whom contribute to looking after over £400m of client assets. Outlining the overall mission of MPA FM, Phil notes that the company has built a reputation nationally, and it is helping clients to relax about their finances and concentrate on their own work which is a vision of the firm. “Here at MPA FM, our mission is to be a firm that is respected countrywide for the levels of service it gives to clients and the level of ethics it employs in dealing with everyone. I want us to help more and more people reach their financial goals, without having sleepless nights worrying about it. “Sticking to our company ethos, our strapline is Inform, Educate, Inspire. We want to inform, educate and inspire our clients and staff to meet their long-term goals of financial and personal satisfaction. “Essentially, our first step is to recruit people with high levels of emotional intelligence so that they can relate to clients, listen to their problems and resolve them. We spend a large amount of money on training the staff to a high level so that they can fulfil our mission, and we then ensure that staff spend time with clients explaining the concepts we use and the tools at our disposal. Plus, we review and research investments as much as we can so that their outcomes are as expected. Lastly, we communicate with clients in good times and bad so they know where they are and our recommendations on making sure they are still on course.” Phil describes the typical clientele that the company works with, as well as outlining the aspects of the financial industry which MPA FM specialises in, and how they to look to help these clients. “Here at MPA FM, our clients are normal people, in that they generally have over £250,000 to invest through pensions, inheritance, sale of business and they are looking to achieve a better rate of return than the building society. Many have large pension funds and they need advice on how to plan their retirement. How are they going to take the income, what is the tax consequence, where should they invest it, which pension provider? “Furthermore, we are experts in the field of final salary transfers and this has been huge business for us in the last couple of years. That entails working out whether the transfer value offered is fair or good value, what the client is looking to achieve, and then explaining the concepts and process in plain English.” Amongst the firm’s other areas of business, the team also advise clients on long term care, mortgages, inheritance tax planning and life assurance. Phil goes into further detail about the three main services that the firm offers in regard to wealth management. MPA Financial Management Ltd (MPA FM) is a Chartered Financial Planning firm based in Henley in Arden in Warwickshire. We speak to Phil McGovern about the firm and the services that it offers to others. Inform, Educate and Inspire 1803WF04 Company: MPA Financial Management Ltd Contact: Phil J McGovern FPFS, Managing Director Address: MPA House, 98 High Street, Henley in Arden, Solihull, B95 5BY Phone: 01564 795997 Website: www.mpafm.co.uk “Here at MPA FM, our mission is to be a firm that is respected countrywide for the levels of service it gives to clients and the level of ethics it employs in dealing with everyone.”