GUIDANCE & SUPPORT

Frequently Asked Questions

Clear, considered answers to help you

make confident financial decisions

For clients seeking expert wealth management in the UK and thoughtful financial planning in Devon, clarity is the first step

Arrange a conversation

Or explore our approach below

Choosing a financial adviser is an important decision.

The questions below are designed to give you a clear sense of how we work, what you can expect, and whether the right long-term partner for you.

About Us

Getting Started

Working With You

Advice Areas

Who We Work With

Fees, Security & Technology

General - About Us

We provide bespoke wealth management in the UK, combining investment advice, financial planning, and long-term strategy.

Our role is to bring structure and clarity to your financial life, helping you make informed decisions, protect your wealth, and plan confidently for the future.

Yes – we are fully independent and authorised by the Financial Conduct Authority (FCA). FCA No.799367. Ref number for Barry Bennett: BXB00043

This means our advice is based on the whole of the market, allowing us to recommend solutions that are genuinely aligned with your best interests.

In Yelverton, Devon on Dartmoor, working with clients locally and across the UK.
While many clients value our presence in Devon, we also support individuals and families nationally through a combination of in-person and remote meetings.

We are a family-run business offering a highly personal, face-to-face service. Team Bennett’s approach combines professional expertise with long-term relationships built on trust and understanding.

Working with intergenerational family-run firm offers something increasingly rare continuity, accountability, and a genuinely personal relationship.

Not passed between departments or treated as a number. Instead, you work directly with people who take long-term responsibility for your financial wellbeing.

It also means our advice is grounded in values that matter. Trust, discretion, and a commitment to doing the right thing over the long term. For many of our clients, a level of comfort and confidence that’s difficult to find elsewhere.

Yes, Barry Bennett is a Chartered Financial Planner and a Fellow with 30 years’ experience, the highest level of professional qualification in the industry. Individual Reference Number (Barry Bennett): BXB00043

To find out if they are regulated, search the FCA register here: 799367 https://register.fca.org.uk/.

Choosing a Chartered Financial Planner is one of the clearest ways to ensure you’re receiving advice of the highest professional standard. Chartered status is awarded by the Chartered Insurance Institute and represents a commitment to advanced qualifications, ethical practice, and ongoing professional development. It is widely regarded as the gold standard within the financial planning profession.

For you, this means your advice is not only technically sound, but also carefully considered within the context of your wider financial picture, something particularly important when making complex, long-term decisions.

Just as importantly, Chartered advisers are committed to always acting in your best interests. A mark of professionalism, integrity, and trust, qualities that are essential when managing and planning your wealth.

We embrace modern tools, such as our client portal and up-to-date back-office systems to give us more time to focus on what matters most: you. While we continually integrate improving technology into our firm, we know that empathy, listening, and understanding will always be the essential qualities of an adviser. BWP is resolutely focused on delivering the human touch, backed up by the right technology.

About the process - Getting Started

The first step is simply a conversation.

You can get in touch via website, phone or contact form to arrange your initial consultation, where we’ll discuss your current position, your goals, and whether we’re the right partner for you.

It’s helpful to have an overview of your current financial position such as investments, pensions, income, and any existing plans.

However, just as important is an understanding of what you want your future to look like and we’ll guide the rest.

We provide ongoing support and regular reviews (annually) to ensure your financial plan stays aligned with your life and changing circumstances.

Your first conversation is an opportunity to explore your goals, ask questions, and see whether we’re the right fit without obligation.

Arrange your initial conversation

No pressure. No commitment. Just a clear starting point.

Working with You

We work closely with individuals, couples, and families who want the peace of mind that comes with having a dedicated team looking after their financial future. Because we provide in-depth, whole-of-market financial planning rather than off-the-shelf products, our services are typically best suited for clients with £100,000 or more in investable assets. Whether you are approaching retirement, managing a recent inheritance, or building generational wealth, we partner with clients who value proactive, empathetic, and ongoing advice.

Our approach is designed to feel structured, calm, and completely personal:

1. An initial conversation to understand your situation
2. A detailed review of your finances and goals
3. Creation of a tailored financial plan
4. Careful implementation of recommendations
5. Ongoing reviews and refinements over time

This ensures your plan remains aligned with your life as it evolves.

Always.
We provide guidance, structure, and expertise but every decision remains yours. While we manage and advise on your portfolio, our role is to ensure those decisions are made with clarity and confidence.

Typically, we meet regularly throughout the year, with more formal reviews annually.
However, we’re always available when needed particularly during significant life events or changes in circumstances.

Not necessarily. We work with clients at different stages of their financial journey. What matters most is your commitment to planning and improving your financial future.

Advice Areas/Our Services

We provide a comprehensive range of services, including:

• Investment and portfolio management
• Retirement planning
• Inheritance tax and estate planning
• Protection and risk management
• Ongoing financial planning and advice

Each recommendation is tailored, there are no off-the-shelf solutions.

We specialise in long-term relationships.

While we begin with an initial consultation, our focus is on providing ongoing advice ensuring your financial plan evolves alongside your life, your priorities, and the wider economic landscape.

Very much so.

Effective wealth management in the UK requires looking at the full picture, not just investments, but tax, retirement, family considerations, and long-term goals.
Everything we do is designed to work together as part of a cohesive strategy.

Very much so. Retirement is one of the most important financial transitions you’ll make.

As part of our wealth management services in the UK, we help you understand what’s possible, structure your income sustainably, and ensure your lifestyle is supported for the long term with confidence and clarity.

The Financial Conduct Authority does not regulate estate planning or tax advice

Because we focus our expertise entirely on investment and retirement planning, we do not advise on mortgages directly. However, we have strong relationships with highly reputable, independent mortgage brokers. We can refer you to them and, with your consent, collaborate behind the scenes to ensure your mortgage fits seamlessly into the bespoke financial plan we have built for you.

Yes, absolutely. We believe that protecting your wealth is just as vital as growing it. As part of our comprehensive, bespoke financial planning, we will evaluate your personal circumstances to ensure you have the right safety nets in place. We provide independent advice on life insurance, critical illness cover, and income protection, ensuring your financial plan is resilient against life’s unexpected events.

Absolutely. We view investments not just as numbers on a page, but as the engine that drives your future. Whether you are looking to maximize your annual ISA allowance, invest a lump sum, or build a portfolio for your family’s long-term security, we take the time to truly listen to your objectives. We then construct a bespoke investment strategy designed specifically to get you where you want to be.

Yes. Planning for retirement is a deeply personal journey, and for many clients, a Self-Invested Personal Pension (SIPP) offers the flexibility and control they need. We will take the time to understand your unique circumstances and retirement goals to advise whether a SIPP is the right vehicle for you. Please note: with all market-based investments, the value of your pension can go down as well as up, and you may get back less than you invested.

Yes. We provide expert inheritance and estate planning to ensure your wealth is passed on exactly as you intend. By actively managing potential Inheritance Tax (IHT) liabilities and structuring your assets efficiently over time, we give you the peace of mind that your family’s financial future is fully protected when it matters most.

Who We Work With

Absolutely and you wouldn’t be alone.

Many of our clients come to us for the first time looking for clarity, reassurance, and a sense of direction. We take pride in making complex financial matters feel straightforward, guiding you step-by-step in a way that feels calm, clear, and entirely tailored to you.

Yes, many of our clients are business owners navigating both personal and commercial financial decisions.

We help bring everything together, from extracting value tax-efficiently to aligning your business success with your long-term personal wealth strategy.

If you’re looking for a more personal, considered approach to wealth management in the UK, you’re likely in the right place.

Our clients typically want more than just advice—they want a long-term partner who understands their goals, their family, and the bigger picture behind their wealth.

A long-term relationship, built on trust

Great financial planning is about more than numbers, it’s about understanding what matters to you and building a plan around it.
If you’re considering wealth management in the UK or looking for a trusted partner for financial planning in Devon, we’d be delighted to have a conversation.

Arrange a conversation

Fees, Security & Technology

Because we do not offer off-the-shelf products, we do not have off-the-shelf fees. Every financial plan we build is entirely bespoke to the client, meaning our fees vary depending on the complexity of your situation and the level of ongoing support you require. We believe in absolute transparency, which is why your initial consultation is at our expense. During this meeting, once we understand your unique needs, we will provide you with a clear, written breakdown of exactly what our services will cost before you make any commitment. There are never any hidden charges.

Yes.

We offer a no-obligation initial consultation, giving you the opportunity to explore whether we’re the right fit without any pressure or commitment.

Yes. Bennett Wealth Planning is authorised and regulated by the Financial Conduct Authority (FCA). Our FCA Reference number: 799367
This provides an additional layer of reassurance, ensuring our advice meets strict professional and ethical standards.

All investments carry some level of risk, and values can rise and fall over time.

A key part of our role is to help you understand and manage that risk ensuring your investments are aligned with your objectives, time horizon, and comfort level. We work with you to align your investments with your risk tolerance and long-term goals.

With the utmost care and discretion. We adhere strictly to UK data protection regulations, ensuring your personal and financial information is always kept secure and confidential.