New from us, general communications and announcements as well as notifications about client magazine.

Betafolio

Dominic Thomas
April 2022  •  1 min read

Betafolio…

Many of you will already be using Betafolio, but in our new video below Dominic explains what it is and why we’ve started using it. Financial planning is where the real value to clients lies, and that’s why Betafolio maintain portfolios that exist only in service of the financial plan. The plan leads, the portfolio follows. Please have a watch, and as always do get in touch if you have any questions.

Betafolio2025-02-10T17:01:08+00:00

Working in financial services … A calling?

Debbie Harris
April 2022  •  3 min read

Working in financial services … a calling?

Normally when someone asks what I do for a living, my answer creates a knee-jerk reaction of eyes glazing over, hunching of the shoulders and the stifling of a yawn before the sarcastic comment “that sounds … thrilling” (or variations thereof!)

And I get it – to an outsider, financial services is Dull (with a capital D).  In fact, to many ‘insiders’ as well, financial services is pretty dull!  But I consider myself truly fortunate to be working in a firm like Solomon’s, with a great team of people, and a fabulous bunch of clients, doing the work that we do.

As a relatively small company, we don’t have hard lines between our roles here, which means we all get some exposure to marketing, finance, report writing, admin, client liaison, writing content, editing, checking each other, creative processes, planning, business growth.  It’s a dynamic work environment for us and it’s the absolute opposite of the toxic workplaces that grace so many threads on social media at the moment.  The team works well together as we all like and respect one another (even when we disagree).

Financial planning is not known as a caring profession (that expression seems to be reserved for medical personnel) but at Solomon’s (as a firm and as a team of individuals) – we genuinely do care about our clients and the work we do with them and for them.  It is a great pleasure and an honour when a client realises they can retire earlier than they imagined; or that they can afford to do something that had seemed out of reach; or quite simply that they can ‘stop worrying’ about some of the ‘big stuff’ like “will I run out of money?” or “what would I do financially if I lost my spouse?”.

Most of our clients have been with Solomon’s for MANY years (some are counting in decades) and we know them very well … to a point of reading an article in the news or social media that reminds us of a client (a football team winning a big event, the sale of a very old and valuable stamp, or an interesting gardening fact – you catch my drift).  We are invested in our clients’ lives (not in a stalker-ish way!) quite simply because we care what happens to them.  We care that they are separating from their spouse, we care that they have been diagnosed with a critical illness, we care that they have lost a parent (or sadly a child).

We aren’t just about the money; we aren’t just about the work; we ARE about people; we are about empathy; we are about relationship.

We are a small firm with a big heart.

Working in financial services … A calling?2025-09-16T13:25:52+01:00

DIGITAL DEVELOPMENTS

TODAY’S BLOG

DIGITAL DEVELOPMENTS

Some of you are going to get fed up with me.

One of the many challenges of our times is the constant innovation of technology. A lot of this can seem utterly pointless, tech for tech’s sake, but sometimes it is a bit like witnessing the first washing machine when you have been slaving away with a board and scrubber at the river.

The pandemic has had a multiplication effect like nothing else I have known in the 3 decades or so that I have been doing this work. There have been huge improvements, but not as many or so significant as in the past 18 months.

It is not that these are unexpected, but rather that they are almost breath-taking when the very things you have yearned for, asked for, screamed for over the years are finally ready…. and work.

The problem being that most of you have got used to a system with us and I can assure you that most of the tools we have been using are or perhaps were market leading, some of these are going to be replaced. That is the pain – just as you get used to the appearance or workings of something we go and change it. Well hopefully we can minimise any pain. The only point of the changes is to improve what we do for you and seek better efficiencies for the business, meaning we can help more people just like you.

So stand by, things are about to change again.

Sometimes it feels like...

Dominic Thomas
Solomons IFA

You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email [email protected]

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – [email protected] 
Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – [email protected]    Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

DIGITAL DEVELOPMENTS2025-01-21T16:39:48+00:00

INTERESTED IN HIGHER INTEREST ACCOUNTS?

TODAY’S BLOG

ARE YOU MORE INTERESTED?

The last year or so has seen enormous improvements in technology. Thankfully the money management technology is one of those elements that has improved.

Hunting for a decent interest rate is hard enough at the moment, but moving to a new better account once the rate has come to an end is a constant frustration due to the effort required and all the hurdles of proving your identity. As a result, most savers languish in poor accounts, earning next to diddly squat.

If you consider that your savings at a UK Bank or Building Society is only protected to the first £85,000 under FSCS rules, then balances that are larger give some concern, particularly when life feels somewhat uncertain.

MAKING MONEY MANAGEMENT EASIER

I’m pleased to announce that we have teamed up with Akoni, one of several cash management providers. They have branded the site with our logo – its their kit and service. I decided to remove any payments that we might get to your advantage. This is very self-service, but we can assist if you get stuck.

There are other solutions, this is aimed at those with cash savings of more than £85,000 – so not for everyone, but you can get rates of interest that others with much larger balances enjoy.

The aim of all these services is to make life easier for you, getting you better rates of interest. Its not free, no bank provides a free service (think about it – or ask if you still don’t understand). The Cash Management service company (Akoni in this instance) make a small charge which I believe is worth paying for the convenience.

Have a look for yourself by clicking this link.

Dominic Thomas
Solomons IFA

You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email [email protected]

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – [email protected] 
Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – [email protected]    Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

INTERESTED IN HIGHER INTEREST ACCOUNTS?2025-01-21T16:39:48+00:00

TECHNOLOGY IMPROVEMENT

TODAY’S BLOG

TECHNOLOGY IMPROVEMENTS

We are gradually attempting to increase efficiency by minimising the actions required to get things done. We have adopted electronic signatures for documents where this is possible. This makes life considerably easier for you – no need to sign and post a form. We are using DocuSign, which is one of the leading software providers for this sort of secure signature process.

You automatically get a pdf to save on your computer, but invariably we will also save a copy to your file within our portal.

DOCUSIGN

The process takes a few moments, most of the forms we use are ones that you will have seen regularly, but are often required for tax-year payments, ongoing declarations of your tax status and UK residence as well as our fees.

If you have any difficulties using the DocuSign system, please do not hesitate to contact the team on 0208 542 8084 or send an email to [email protected] and we will be very pleased to help.

Dominic Thomas
Solomons IFA

You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email [email protected]

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – [email protected] 
Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – [email protected]    Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

TECHNOLOGY IMPROVEMENT2025-01-21T16:39:48+00:00

NOT APPY

TODAY’S BLOG

NOT APPY

I am sorry to say that I have decided to withdraw our App. Ever since Apple decided to change the format of our App, it has been a battle to get it how we wanted for the people we wanted. So we have chosen to stop promoting its use and you will no longer be able to send us messages from it.

The truth is that following the changes, the number of users reduced dramatically (seriously – loads less). As our portal began to take shape and is something you can view on your smartphone, tablet, PC or Mac, it felt rather superfluous.

MONTH END

The App is only available until the end of October 2020. If you have any information on it that you want, please download it back to your own hardware of choice. The portal, which provides your valuations and ability to set financial goals for yourself, store important documents, send and receive messages to us securely – remains very much part of our core service and way of communicating with you.

For more information about our portal, please have a look at our video using this link.

Dominic Thomas
Solomons IFA

You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email [email protected]

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – [email protected] 
Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – [email protected]    Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

NOT APPY2025-01-21T16:39:48+00:00

TWENTY-ONE

Dominic Thomas
Jan 2020  •  3 min read

Twenty-One

We have turned twenty-one. We are still here and growing again as I outlined in my last post. One of the many aspects of my work that I really love is the constant learning and improving. Whilst learning new things often seems a little frightening, a little bit of time and perhaps a lot of work can  provide a reassuring perspective.

It is tempting at anniversaries to do a lot of looking back at what has been achieved. However today I was introduced to a fairly stark image – no, not the usual pictures of backtracking ministers or inept politicians – a reminder that life is very, very short.

Tempus Fugit – Our constant

The author, Tim Urban (really?) continues to use and develop his basic visual tool to explore other ideas, but these all stem from the same basic idea of measuring life in different types of units, rather than perhaps monetary ones. A good financial planner will have discussed this notion to some extent with you – trying to help you appreciate that life is short and you may not get to do all the things you say you would like to do because time runs out. This is fundamental to any good financial plan in terms of knowing how much is enough. I’m not meaning “just enough” but enough.

The graphic shows a human life to age 90. For many humans, this will be longer than they actually live, for some it will not be nearly long enough. Tim spends time reflecting on things he does with his time and then tries to estimate how much he has done and how much he has left. It helps him to focus on what is important to him.

I wonder what you think? Its easy to get started with your own life in weeks, but its also rather daunting when you see how much time remains… hopefully. So I’m likely to adapt this idea to help you think about what’s actually important in your life and what you definitely don’t want to run out of time for. Anyway, the place to start is where you are now… and then cross out everything before or mark it as completed…. I’m available to discuss.

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – [email protected] 
Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – [email protected]    Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

TWENTY-ONE2025-02-04T16:25:46+00:00

WE ARE GROWING

TODAY’S BLOG

WE ARE GROWING

Despite the problems with the pandemic, we are continuing with our strategy to grow. It is my ambition to ensure that Solomons can continue to provide insight and advice well past my intended retirement date (which is still many years off). However, I need to grow the business to do so. I look at this as a way of securing our future and yours.

As of this month we have a new trainee – Daniel Liddicott. Dan will be introducing himself to you in due course and we are all being cajoled into providing a helpful bio each for the website. It is my hope that Dan will not simply enjoy a career in financial services but come to love it. To my mind this is all about helping people find some peace of mind and security that is enough to ensure that they have the lifestyle that they want, whilst protecting all that they hold dear from ruin.

Dan is hopefully the first trainee adviser of many more to join us, but once qualified (which will take around 2 years) he will need some clients to work with.

IAN HORNE CITYWIRE

Understanding the value of advice

As a client you are hopefully familiar with what we do, how and why but today I was challenged to share a video by one of our industry media outlets – Citywire. This is a short (well 22 minutes – gulp!) video of Ian Horne traversing the UK, attempting to understand the value of financial advice – talking about money is perhaps one of our last taboos. The challenge from the editor of Cirywire was to share the video – so challenge accepted. Here’s the video

So what can you do?

The truthful answer is that I would really like more clients like you, so if you have any bright ideas about how we might achieve that, I’d love to talk with you. If you have any questions about the video or anything we do or any financial topic, just get in touch – email me (that’s the easiest approach). If you have a friend of colleague that wants or needs some financial advice, well why not start with this video. It’s a bit long, but it’s a start, alternatively just share your own experience.

Some Context

In the video Ian talks about RDR, this came into effect in 2013. However I set up and started Solomons in 1999 on this basis – some time ahead of the majority of advisers, who moved to a transparent system because they had to. Next week we celebrate our 21st birthday – some clients have been with us since the beginning (and in fact before).

Dominic Thomas
Solomons IFA

You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email [email protected]

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – [email protected] 
Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – [email protected]    Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

WE ARE GROWING2025-01-28T10:08:45+00:00

SPOTLIGHT OCTOBER 2019

TODAY’S BLOG

SPOTLIGHT – OCTOBER 2019

By now as a client you should have received a copy of Spotlight. This is our own in-house publication. This issue has the broad theme of “power”. As you will have gathered, assuming that our politicians remain on course, we are now entering the election period and it will be interesting to see various manifestos. There may well be a change at number 10 Downing Street.

In the client magazine you will find an interview with several clients – Mike, Chris, Corinna and James. Alexandra Truesdale provided a piece about Will Power and the importance of a Will. Iona Bain considered some of the issues that face young people when attempting to save for their future. I also asked Angela Brooks to write a piece about the dreadful frauds and scams that she helps to rectify. There is the ususal piece “Cops and Robbers” which looks at other scams and issues that the regulators has been contending with including the Woodford funds and the London Capital & Finance Mini Bonds.

I also review the first 6 months of 2019 from an investment performance perspective, highlighting where the growth and returns came from. If you didn’t receive a hard copy and would like one, please get in touch. Click here for a digital version.

Spotlight October 2019

Dominic Thomas
Solomons IFA

You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email [email protected]

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – [email protected] 
Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – [email protected]    Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

SPOTLIGHT OCTOBER 20192023-12-01T12:17:09+00:00

SPOTLIGHT

TODAY’S BLOG

SPOTLIGHT – MARCH 2019

I’m delighted to announce that copies of our new client magazine are on the way to you. Please let me know what you think about the magazine. We have put a lot of effort into creating something that is hopefully educational, interesting and informative. We have some extra copies if you have a friend that might like to see some of the work that we have done, just ask and we can either send you another or pop one in the post to someone else.

I am genuinely seeking some feedback – what works, what you would like to see more of. One of the many advantages of being a small service business is that we can adapt things to suit fairly easily. The magazine is really the result of client feedback and input. Hopefully we have got the tone about right, but we always want to improve. My assumption is that we will do better.

Spotlight March 2019

CONTENTS

  • What we’ve been working on
  • Barn 6
  • Review of 2018
  • Espresso Marketing
  • Making Tax Digital
  • Now we are happily retired
  • Revealed Travel
  • Sarah walks her own path
  • The Open banking revolution
  • What’s ahead for 2019
  • Cops and Robbers

Dominic Thomas
Solomons IFA

You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email [email protected]

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – [email protected] 
Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – [email protected]    Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

SPOTLIGHT2023-12-01T12:17:29+00:00
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