About
W Wealth Management
We’re made up of a mix of highly qualified male and female specialists with the same objective – to help you maximise your wealth and protect what matters most.
A Philosophy Of Independence
Our philosophy is built around our clients and enabling you to do more with your finances with holistic, transparent, and practical strategies that are built for the long-term.
Following a whole of market approach, we adhere to strict due diligence procedures and carry out regular reviews to establish suitable strategies for our clients. As independent advisers, we’re unrestricted in what we can recommend, and we formulate processes and products that work for you both now and in the future.
Everything is based around your attitude to risk, personal circumstances, and financial objectives. With elevated levels of service at a competitive cost, we take pride in developing ongoing relationships with our clients for the long term.
Our History And Milestones
The origins of W Wealth can actually be traced back to the 1960s, with the tax and wealth management side of the business originally having been part of an accountancy practice.
This remained the case until 2022 where the decision was taken by the owners to demerge the current business into its own independent entity – W Wealth Management Ltd under the control of a young and dynamic leadership team. As part of the demerger process, W Wealth seamlessly transitioned all of the existing wealth management staff and clients over.
This strategic move enabled us to concentrate on our core competencies and to sharpen our focus on delivering exceptional service to our clients.
Never one to rest on our laurels, in 2023 our attention turned to how we manage the investment for our in-house model portfolio clients. We provided a range of risk-related model portfolios to clients over the years, with around £100 million under management in this setup. Designed to balance real returns with risk appetite, these portfolios served our clients well throughout turbulent times.
However, we found that since these recommendations were on an “Advisory” basis, meaning we needed individual authorisation for any changes, we ran into delays with portfolio alterations and as a result, opportunities were missed.
Because of this, we introduced our own investment funds under the Vela brand, which not only helps us be more efficient with greater control, and offer more potential tax savings to our clients. But also bring in the additional expertise and and governance of both Sentinel and Minerva.
All products and strategies are selected by our investment committee who focus on profitability and long-term returns. We’re also proudly independent, which means we aren’t tied to any product providers or funds, so you receive unbiased advice tailored to your needs.
W Wealth Management heritage can be traced back to several decades to the formation of Schofields Chartered Accountants in Bournemouth.
The Wealth Management side of the business was created to cater for the accounts clients who needed advice for their personal and business assets.
Peter Westerman joins Schofields to head up the Wealth Management team and drive the business forward.
Peter Westerman becomes an equity partner in the firm and joins the partnership board.
The W Wealth Management Ltd brand was born out of the demerging of the Wealth Management and Tax areas of the business from Schofields Accountants.
The Vela Funds are launched to create a more streamlined investment approach for clients and leverage the expertise of both Sentinel Portfolio Management and Minerva Fund Management Solutions.
How We Work
We pride ourselves on three core principles. These guide our approach to everything we offer our clients, from investments to pensions, protection and tax planning.
Our strategies are built on quality and developing long-term relationships with our clients. Delivering ongoing reviews and selecting products based on your circumstances, our reputation is built on trust.
We have decades of experience and use the latest technology and extensive knowledge to help you. With a clear pricing structure and evidence-led decision making, our experts are chartered, accomplished, and reputable.
Thanks to a whole of market, an independent approach and a wide selection of products and funds, we can act fast and avoid missed opportunities. We can also recommend more investment classes and make decisions backed by data and market expertise.
The Team Behind It All
Our team is here to support you through any financial planning you need. With decades of combined experience, a passion for personal development, and a friendly, helpful approach from a diverse group of male and female specialists, we’re proud of the people who make W Wealth Management what it is.
Whether it’s investments, pensions, taxation or protection, find out more about the people putting your plans into motion.
What We Specialise In
Whether you’re a business owner concerned about auto-enrolment and pensions or an individual streamlining their investments, taxation, or pension planning, we deliver a meticulous, professional approach to wealth management.
Our approach is all-encompassing and can be tailored to your needs. With an expert team of financial advisors based in Hampshire and Dorset, we specialise in the three major pillars of financial advice:
Investments
An investment strategy with W Wealth will always be built to suit your attitude to risk, personal circumstances, and financial goals for the future.
Protection
Balance quality with cost and find protection policies that suit you and your needs, covering everything from your income to your assets and business.
Pensions
Explaining which options are suitable and the benefits of each approach, we help you choose pension investments you’re comfortable with.
Speak To Our Team
Providing robust strategies built for the long-term, with regular reviews to reflect societal, economic, or personal changes, our approach is built to achieve financial freedom both now and in the future.