“That fact that Plan 100 is trusted to invest our own family money should give other clients confidence,” says Lance.
In 2003, Lesley and Martin sold the family home in Lingfield and moved into a smaller house down the road that Lesley had inherited from her parents. Lesley had sold her successful architecture and design practice, and Martin had retirement in mind. They wanted to know if they had enough money for both of them to give up work and maintain their lifestyle until their 90s.
What we did
Lance explained our investment philosophy – that there’s no point in playing the market. Lesley agrees: “There is no doubt that this way of investing is the way forward.”
Lance remembers: “The savings my parents had built up were dotted around everywhere, in ISAs, pensions and property. They needed a financial plan including cashflow. So we simplified their affairs, and consolidated everything into a Transact wrapper.”
That was 2004. Since then, the stock market has gone up, down and up again. Meanwhile, Lesley and Martin have enjoyed the lifestyle they wanted. In fact, as their assets have grown, their capital has stayed level.
As with all our clients, we have regular meetings to ensure everything is on track and run in a proper, professional way.
Surviving the credit crunch
In 2007/8, the markets were “difficult”, but the couple stuck with the plan and their diverse investments successfully weathered the storm. In fact, their long-term return is about 5% per annum, without being in a high-risk portfolio. “We’ve made good money over the years,” confirms Lesley.
Martin explains: “Lance’s philosophy is to sit on your hands because the market will do whatever the market does, and logically, it will recover. The credit crunch had no dire effects on us at all.”
“I’m more cautious than Martin,” says Lesley, “But I can’t grumble as it’s all worked out over the long term and turned out absolutely fine.”
Why work with an expert?
Lesley and Martin have friends who invest in property, or stocks and shares, who sometimes ask how their investments are getting on. “We tell them everything is fine, but that we prefer to leave it to the professionals.
Of course, as Lance’s parents, you’d expect them to recommend him. Lesley concludes: “Our experience has been good. Why not arrange a meeting with Lance and see what he can do for you?”
“In my business, I believed that people do what people do best. No-one is a jack of all trades. Martin had the insight to go to a financial professional. That’s why we put our trust in Lance and his business partners.”