Wealth Management Services
Financial Planning & Wealth Management
RWB Wealth Management specialises in providing Financial Planning and Estate Management services to business owners and high-net-worth individuals.
We pride ourselves on building long-term relationships with our clients.
Our Wealth Managers have decades of experience with extensive technical tax and investment knowledge. We are fully regulated, and we abide by strict ethical and professional standards. We are a whole of market operator and so any recommendations made are in line with achieving your objectives
Financial planning services which work for you
Our Financial Planners work closely with you to understand your financial situation; we take time to understand your personal objectives and, ultimately, what matters to you most. We then support you to build a wealth strategy which is tailored to your specific needs.
Estate Planning allows you to have full control over what happens to your assets. By planning ahead, you can provide for your family, minimise tax liabilities, and avoid any potential disputes.
Our dedicated team of Wealth Managers and Tax Advisors have decades of experience helping clients with Wills, Trusts, Pensions, Asset Distribution, Inheritance Tax Planning, and Business Exit Planning.
We offer a comprehensive Estate Planning service throughout Nottinghamshire, Leicestershire, and the UK and we pride ourselves on building long-term relationships with our clients.
Our Financial Planners and Tax Advisors can:
Help you identify your goals and develop a plan to achieve them
Show you how to withdraw money from your business tax-efficiently
Demonstrate the advantages of owning your business premises in a pension
Help you plan for the sale of your business
Explain how to use pensions to help your business and plan for retirement
Manage your investments so that they are aligned to your goals and attitude to risk
Ensure that should the worst happen, and you die or become ill, that your family, and other people who depend on you, are financially secure.
Why choose RWB Wealth Management?
RWB Wealth Management Ltd is a joint venture between RWB Chartered Accountants and Boolers Pensions and Investments.
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Richard Borrington has been helping hundreds of clients with financial planning and investment advice throughout Nottinghamshire, Leicestershire, and Derbyshire for over twenty-six years.
Nick Bonnello has over 28 years of experience as a Chartered Accountant and specialises in business lifecycle planning. He has helped numerous businesses across Nottinghamshire, Leicestershire and Derbyshire, as well as throughout the UK.
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As Chartered Accountants, we are governed by ICAEW (Institute of Chartered Accountants for England and Wales). Our Certified Advisors undergo extensive training, and we abide by the strictest ethical code.
All of our Financial Planners possess an FCA-accredited Diploma in Financial Planning, and so are qualified to provide regulated financial advice.
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It’s our job to stay informed about the ever-changing tax legislation and fluctuating global markets to ensure that your investment or pension remains the most beneficial option for you.
What our clients say
“Thank you for your excellent advice many years ago. The policy you advised paid out over £38,000— far more than was forecast some years ago. It has been a tremendous investment”
— Paul
“As a widow, I was horrified to receive a large tax bill. RWB quickly got to grips with the situation, and it was agreed that I had nothing to pay. Indeed, I have now just received notification of a significant repayment of tax”
— Mrs. Kennedy
“Nick Bonnello and the team have always been on hand to offer excellent advice and guidance at every step of the way. I can’t recommend them enough!”
— Dan
Contact us
Would you like to learn more? Our team are happy to help!
FAQs
What is a Trust and why should I consider setting one up?
A Trust is a legal arrangement where your assets are held and managed by a Trustee on behalf of a beneficiary. Trusts offer significant tax advantages and provide control over how your assets are used. They require ongoing management to ensure compliance with legal and tax obligations. We can help advise if a Trust is a worthwhile strategy for your estate planning.
How can a Chartered Accountant help with my pensions and ISAs
Our Wealth Management department consists of Chartered Accountants and Independent Financial Planners. Our Chartered Accountants can advise on the tax implications of passing on your pensions and ISAs, as some may offer more tax efficiencies than others. Our Independent Financial Planners can advise which pension, investment or ISA will suit your individual circumstances.
Can I claim Business and Agricultural Relief?
Qualifying business and agricultural assets can receive up to 100% relief from Inheritance Tax. We have helped hundreds of clients in identifying eligible assets, which has optimised their estate’s reliefs.
What is the Annual Gift Exemption and how can I utilise it?
The Annual Gift Exemption in the UK allows you to gift up to £3,000 per year without adding to your estate's taxable value. You can also consider Potentially Exempt Transfers, enjoying tax benefits if you survive for seven years post-gift. We guide you in balancing these allowances with your retirement needs.
How does the Spousal Allowance work?
Married UK residents can transfer assets between themselves tax-free on the first death. Additionally, you can pass your nil-rate Inheritance Tax Exemption to your surviving spouse. Our expert team will assist in making the most of these allowances.
How do gifts to charities affect Inheritance Tax?
Gifts to charities are exempt from Inheritance Tax. By leaving 10% of your net estate to charity, you can reduce your estate's overall Inheritance Tax rate. As a leading Chartered Accountancy for estate planning, we can guide you in integrating charitable giving into your estate plan.
Why should I consider writing my Life Insurance Policy in Trust?
Writing your Life Insurance Policy in Trust keeps it from being part of your estate, potentially saving 40% in Inheritance Tax. Our advisers provide guidance on setting up this arrangement.
What is the step-up in basis?
This UK tax provision allows assets to be revalued to their market value at the date of death for Capital Gains tax. This benefits assets like stocks and homes that increase in value. As a leading Chartered Accountancy with our own Wealth Management department, we can help determine which of your assets will benefit most from this arrangement.
How can early planning benefit my estate strategy?
Proactive estate planning ensures comprehensive coverage and capitalises on available tax incentives. Whether creating a tax-efficient exit strategy for your business or planning gifts under the seven-year rule, our dedicated tax advisors will create the most tax efficient strategy for you.