BHP Financial Planning is the financial planning arm of BHP, Chartered Accountants, one of the North of England’s largest professional firms with a 150-year track record.
Clients of BHP Financial Planning enjoy all the personalised, friendly service of a boutique adviser, backed up by the resources and competence of a fully integrated accountancy firm.
Truly the best of both worlds.
At its heart, our financial planning service is not about money. It’s about helping our clients find the way to the best life they can possibly lead, now and in the future.
What the route is will be different for every person, so the advice we give is entirely individual and personal, focusing on what is important to you.
Something many people don’t realise is that on their death their estate will owe tax at 40% on anything above the inheritance tax (IHT) threshold of £325,000.
A prudent approach to financial planning requires that any plan should be carefully analysed from the perspective of taxation.
Good tax planning may include the timing of income and of asset purchases, selection of investments and types of retirement plans…
For anyone with significant personal assets, or a successful business, carefully planning for the future makes a lot of sense, especially if there’s a next generation to take into consideration.
When we invest your money, we are guided by a number of core beliefs which comprise our investment philosophy. We believe that financial markets, powered by the wealth-generating capacity of global capitalism, will provide an adequate rate of return, in the long run.
We use investment funds with broad exposure to investment asset classes across the world, to harness the steady progress of capital markets, over time.
Anyone who counts the ownership of a business amongst their assets should consider what their plans are when circumstances change. This could be due to retirement or illness.
An absolute essential for any successful business operation is the understanding and management of risk.
It’s a risk that is easy to overlook, yet profitability and cash flow may be severely affected by such an eventuality. Indeed, for many businesses, the effects can turn out to be terminal.
In the world of financial planning, which is very much a people business, any firm is only as good as the people who are there, week in, week-out, advising clients.
At BHP, we make the proud claim that our can-do culture, our positivity, and our professionalism, make our people self-selecting. Putting it absolutely straight, anyone who didn’t share these character traits simply wouldn’t fit in!