S D Greenway Ltd
Representing your interests.
Welcome. Here you will find information about our work as Directly Authorised, Independent Financial Advisers. We are a proud boutique IFA firm. We are not part of a network, associate partners, or appointed representatives.
Your pensions and investments are among the largest assets you acquire. We would urge you to protect them and follow the correct channels with your capital. DIY investing is fine for nominal sums but what would happen if you made the wrong call? A good IFA should pay for itself through mitigated tax savings and extra cumulative growth. Furthermore, a legitimate IFA carries personal indemnity insurance to protect you fully in the event of a mistake.
What separates us from many others is that we rarely pick funds, we leave that to the professionals which allows us to concentrate on our role as true IFA's. We do not use default funds, we hold no own-brand bias or any network obligations. We gain no rebates, kick backs, retirement plans or benefit from any other incentive of how we choose for our clients. We do the the right thing for our clients' interests.
At S D Greenway Ltd, we work directly with discretionary fund managers [DFM's] to match your investment objective.
The DFM is the trader and manager of the cash, there are various types; defensive, adventurous, ethical, income producers and so on. They focus on the returns whilst we ensure it all works properly, we know that the buck stops with us!
Our role is to ensure the correct ingredients are chosen for your money to succeed. We build the end result of your success through our expertise of selecting the right manager, wrapper, term, profile, risk appetite, product provider, costs, platform & portfolio. We work within client tolerances and investor objectives to ensure they have the best chance to get the most out of their money.
Our business model satisfies trustee obligations to ensure they are actively getting the best for their beneficiaries.
When markets are going well most of us can get carried away with our ability to choose a winning fund, however it is when markets fall when our method limits the negative impact by actively trading. Those smaller falls in bear markets ensure better position for when growth occurs in bull markets.
We work exclusively with long term client relationships, we respectfully decline enquiries for Defined Benefit pension transfers.
Terminology explanation:
Wrapper - the type of pot in which the funds are invested, all of which have different tax implications (pension, ISA, bond, OEIC, etc)
Platform - software that facilitates the administration of the portfolio
Provider - Company that offers the particular type of investment that we wish to use
Portfolio - selection of various wrappers held on your platform to match your tolerances.
Profile - selection of various investments held inside each wrapper to match your tolerances
How does it work?
A Comprehensive Approach
We visit you at home or at work (client visits are nationwide without charge, completely at our risk) to record a thorough 'fact find' of your circumstances, evaluate your attitude to investment risk and any ethical / ESG considerations. It's important to get a clear understanding of what is required (perhaps capital growth, a child's investment, drawing pension income, etc).
Recommendations will be submitted at a second meeting a few weeks later for your approval.
Any recommendations will not include a contractual lock in and you are not obliged to follow our advice (however our completed work remains chargeable). Clients are free to switch advisers should they ever feel someone else is better suited. We find this approach keeps us fresh.
Ongoing relationship
Healthy debate
Our future finances are intertwined via our business model. Your continued financial success ensures our business stability. We have an interest in the more money you make which ensures constant motivation to get the best results for you.
Our clients are assisted with ongoing advice. This service provides continued risk suitability, tax allowances are utilised and fund performance are evaluated with you regularly.
The reassurance for our clients is a huge benefit. To know that when you need some capital or if your circumstances change, we can move quickly to ensure the most suitable method is used. We don't want you to pay unnecessary tax, lose valuable allowances or take unforeseen risk. The healthy IFA / client relationship works both ways where we discuss options and ideas together to achieve the correct outcome.
Clients make us who we are
You are genuinely valued
Our clients are our number one priority, and we go the extra mile to make sure they’re completely satisfied.
We are happy to liaise with your accountant, solicitor or other professionals should you wish to ensure that all your requirements are smoothly executed and managed.
If you are a client, be assured that you can call anytime with a query. If we are in a meeting please leave a message and you will be called back promptly.
Solicitors & Counsel
Law Society Referral Approval
We are happy to receive referrals from the legal profession. We can assure your client will be treated impartially and with diligent care. We hold full independent status.
Under the new Solicitors Regulation Authority [SRA] rules from Nov 19, referring to financial advice firms with narrow, restricted panels has been identified as possibly not in the clients best interests. If a firm’s status is ‘restricted’, it should be recorded how constricted their advice will be.
Caveat Emptor - Let the buyer beware, many of the largest adviser firms in the UK appear to the layman as 'independent'. Dig deeper and insist on seeing the term 'independent' in their permissions rather than words that imply 'whole of market'.
(The Law Society, 2019 @ lawsociety.org.uk)
I have been a client of Scott Greenway for some years now. I have found Scott to be very open and honest in all dealings I have had with him.
Scott has handled my pensions, savings and investments and all these areas have shown a healthy growth.
As the relationship between a client and their financial advisor is based on trust, I do trust Scott to act in my best interest.
Lynn Salisbury
A lot of people of people feel reluctant to share personal details with someone who at first is a total stranger, however we have now known Scott for some years and he has managed and advised our savings, investments and pensions, resulting in some significant growth, we trust Scott, and now also regard him as a friend. '
Graham & Sue Coleman
We have been client of Scott Greenway for many years, and when he introduced himself to my wife and I we had a number of Pension Plans with different companies. He managed within two months to collate all these into one Pension plan, that has made it so simple to understand.
Since then the return on our Pension has been well above our expectations, and should we have any Pension queries Scott is always there with sound advice, with simple to understand explanations.
We can highly recommend Scott and as our financial adviser we have total faith in his endeavour to act in our best interest.
Jeff & Jill Bird
I was very impressed with the service provided by Scott after I made a general enquiry through the website unbiased.co.uk. Scott was quick to respond and went on to analyse my situation and make a recommendation on the service that he was to perform on my behalf. He completed the work to my satisfaction well within the timeframe that he had suggested at the outset. I would have no hesitation in recommending him as a IFA.
Huw Rees (Dec 2020)
Contact Me
Have a particular challenge you’re trying to deal with? Contact me today and see what I can do for you.
What will it cost?
We welcome new enquiries of any investment value to discuss your position.
We offer a competitive fee structure. The highest initial charge for the most complex or time consuming case would be 3% of fund value, the lowest initial fee 1%.
We will assess the work required and quote accordingly at our first meeting before any chargeable work commences.
Our ongoing fee is 1% of fund value. We do not charge for extra work.
Clients may withdraw, open new plans, switch, meet with us or amend their policy as often as needed without further charge.
You may see lower headline, advertised ongoing fees, however when you add on the charges for drawdown, fund switches, client meetings, etc those firms work out much more expensive than our model.
Most client fees are paid via the pension or investment, however you are welcome to pay via invoice if so preferred.
Initial fees only apply to initial work. Existing clients need not worry about further initial fees applied to further 'new investments'. For example; inheritance, windfalls, etc which will not incur initial fees for existing clients.
For ongoing services, the fees applicable would be deducted monthly in arrears from the investment.
Our client agreement contains fee terms and conditions for your reassurance.