What can we do for you?
We want to help you reach your personal financial goals.
Working with a financial advisor like John F. Loughrey Financial Services allows you access products on the market that are most suited to your individual needs, as well as those which deliver value for money. Because we are not tied to any financial institution or set of financial products, we are free to select any available fund, fund manager, pension provider or insurer on your behalf, thus offering you truly impartial advice.
On the other hand, if you deal directly with a bank or tied agent of an insurance company, they are very limited in what they can offer you. Our relationship with all the main product providers means we can review the whole market, comparing the various offerings with your particular circumstances in mind. This approach ensures that your chosen product is actually the most suitable one for you.
We offer peace of mind and security, providing you with clear expectations from the outset, so you can set realistic goals. We earn our clients’ trust by delivering on our promises and there’s always someone at the other end of the phone to answer any queries you might have.
What will it cost?
We fully disclose and explain our fees and charges, so that you know exactly where you stand and where your money is going.
The nature of the Irish Financial Services industry means that we get paid commission on any business we place with the various insurance companies we hold agencies with. This usually covers the cost of the initial consultation. Following on from that, we receive an ongoing commission from the company, which covers the cost of the continuing service we provide throughout the term of the plan. However, clients can also opt to pay on a fee basis, should they wish to do so.
See our Charges section at the foot of our home page for a full list of charges.
What can you expect?
We offer clients impartial advice, empowering them to take control and helping them make an informed decision on the most suitable way to proceed. In instances where clients are still uncertain of the most suitable and appropriate option for them, we’re happy to make specific recommendations, giving them our advice on the course of action to take.
The benefits of a focused approach to financial planning are well documented. In 2013, the ‘Value of Advice Ireland Survey’ (carried out by the Professional Insurance Brokers Association in conjunction with Standard Life) found that the effect of advice on personal wealth is considerable. The survey showed that financial advice brings greater goal setting, rationality and discipline to the investment decision making process, and that, without it, there was a bias towards procrastination, loss aversion, mental accounting and over-confidence.
Looking in detail at the differences between those adults receiving financial advice on a regular basis (at least once a year) and those that don’t, a number of significant advantages are apparent. Importantly, the value of their pensions was 75% higher; they also held more than twice as much in savings and investments and were more financially protected.
The key to successful financial planning lies in building an excellent working relationship with your financial advisor. By taking the time to thoroughly understand your financial needs and changing life circumstances, John F. Loughrey Financial Services can offer you a tailored financial solution to suit your needs.