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Richard Wadsworth - Financial Planner

Qualifications:

Fellow of the Personal Finance Society, Fellow of the Chartered Institute for Securities & Investment (FCSI), Chartered Wealth Manager, Chartered Financial Planner, Certified Financial Planner, Affiliate member of the Society of Trust and Estate Practitioners (STEP), Registered Life Planner.

Specialism:

I work with individuals and families, and my role is to create a simple, clear plan that will help you achieve what you want. That plan may include investment advice, guidance regarding pensions, and ways to minimise tax.

Why my job's important:

I can help to answer questions such as: Why am I saving? What is important to me? When can I retire? How do I move towards the life I want? What do I need to do so I can retire? Where should I take my income from? How much can I give away? What's the best way of giving it away?

Career history:

Richard has over 25 years’ experience as a financial planner. After graduating and spending a year as a trainee accountant, he worked with Standard Life in Aberdeen and Dundee before moving to Douglas Deakin Young in London to manage client investment portfolios. In 1999 Richard returned to Scotland where he was part of a small team advising the UK partners of Ernst & Young on their personal financial situations. Following the sale of this division of Ernst & Young, he and three colleagues established a successful fee-based financial planning firm in Glasgow in 2004. Richard joined Carbon in 2012.

Top financial planning tip:

I’m a financial planner who believes that personal finance is as much about ‘personal’ as ‘finance’. For most people money is neither interesting nor important, it just allows us to do interesting or important things. So what's important to you? Start there and then arrange the finances to support those important things.

Favourite book:

‘In a Land of Plenty’ by Tim Pears.

Did you know?

Married with two teenage children, Richard still manages to play a range of sports, almost without exception to a very poor standard - he still hobbles around a five-a-side football pitch once or twice a week, and cycles most Sunday mornings with a small group of other “mamils” (middle-aged men in lycra).