Latest news with #TrinityBridge
Daily Mirror
2 days ago
- Business
- Daily Mirror
Money decisions to make now for a better 2026 - from inflation to savings and spending
It may seem too early to be thinking about next year, but when it comes to your finances, the decisions you make today could set the tone for the rest of your life. From grasping the concept of inflation to mastering your savings strategy, financial share six essential steps for a more prosperous 2026. It might feel premature to consider next year, but in the realm of personal finance, today's choices could shape your financial future. For those aiming to replenish their savings, delve into investments, or simply understand the financial forecast for the coming year, the consensus among experts is clear: taking action now can have significant benefits. In other news, state pension warning for millions of Brits who are between two specific ages. Here are six proactive measures you can take to ensure a financially brighter 2026. READ MORE: 'I switched my perfume to a cheaper alternative - and I've never had so many compliments' Clarify your financial goals Managing money without clear objectives is like navigating without a map. Determining your financial intentions is a crucial step in 2025. "Write down your own financial priorities in life – whether it is being debt free, helping your children, or having enough money to retire – and allocate a specific amount of your disposable income to these priorities," advises Iain McLeod, head of private clients at St. James's Place. McLeod suggests seeking professional advice if you're uncertain: "Seek financial advice to ensure that these savings are working harder for you – from a taxation and investment perspective." "The worst move is to do nothing," he warns, "the second worst move is to follow a flow chart – everyone's circumstances are as unique as their fingerprint," he explains. Deciding whether to save, invest, or spend It can be tricky with inflation still above the Bank of England's target and interest rates at 4.25% and it might feel like a dilemma between hoarding cash and splurging on big-ticket items before prices climb further. However, trying to time the market or predict interest rate moves is not the key. "The best approach is to focus on what you can control," advises McLeod. He explains: "Once you have balanced how much you would like to spend and how much you can afford to save, you are in a stronger position to commit savings to longer-term investments. This provides the foundation of a longer-term plan, which can be resilient against shorter-term shocks in the markets." Or as James Ballinger, a financial planner at TrinityBridge, succinctly puts it: "2025 is no different from any other time [...] Generally, if you are younger in age or still haven't reached financial independence, you should be looking to maximise savings and investments – whilst still enjoying life!". Start with what you already have For those just starting out with investing, it's important not to be swayed by market fluctuations or the allure of quick profits. Instead, consider what financial arrangements you already have. "The best area to start is always with cash," suggests McLeod. "How much do you need readily available at the bank for emergencies such as house repairs, large expenditures such as holidays, or simply an amount that gives peace of mind?". Long-term objectives should guide your financial strategy. "Start with the end in mind – how much do you realistically need to save in order to meet your retirement goals?" he advises. He also emphasises that "diversification should be a core principle [...] it is generally the safest way to achieve longer-term investment goals". Ballinger concurs that saving mechanisms can be straightforward. "ISAs and pensions are both tax-efficient ways to save for the future," he notes, adding that "more basic than that, having a separate bank account that you earmark for saving, can help to avoid overspend." Rebuilding your savings without feeling skint Replenishing your savings doesn't have to entail giving up all life's pleasures if you've recently tapped into them. "A lot of planners will talk about 'paying yourself first'," Ballinger mentions, referring to the practice of automatically transferring money into savings as soon as you receive your pay. "This creates discipline and forces you to adapt to your remaining budget through the rest of the month." Budgeting tools can be beneficial. Ebony Cropper, a money-saving expert at Money Wellness, recommends using banking apps or online resources to monitor your spending habits. "People are often surprised to find they're spending hundreds a month on things they don't actually need, like forgotten subscriptions, daily coffees or impulse buys. Just cutting £5 a day could save over £1,800 a year," he says. Don't overlook the upcoming changes set for 2025 and beyond The financial landscape is ever-evolving, with tax thresholds and pension rules among the areas subject to change – and not always to your advantage. "The 2024 autumn Budget introduced a number of changes that could impact savers in the future," McLeod points out. He highlights that Capital Gains Tax has increased, and from April 2025, the Stamp Duty threshold in England and Northern Ireland will be reduced from £250,000 to £125,000. "First-time buyers will also be impacted, with their stamp duty threshold dropping significantly from £425,000 to £300,000." McLeod further warns that "unused pension funds and death benefits will be included in the value of a person's estate for Inheritance Tax from 6 April 2027." He advises those affected to consult a financial adviser without delay. Ballinger anticipates another government Budget this autumn and suggests, "we may see further changes to tax then". Take advantage of existing schemes and benefits However, it's important not to panic about future changes. There are still many government schemes and benefits that remain underutilised. Cropper reveals that "Over £23bn in benefits goes unclaimed every year," She explains that even higher earners might be eligible for support based on factors like childcare or housing costs. "Someone earning £30,000 with two kids and high childcare costs could be entitled to hundreds of pounds in support." She also encourages people to explore cashback schemes and to verify their tax code, cautioning that "errors can cost you hundreds". For individuals with limited resources, she advocates the Help to Save scheme as a smart choice: "Save £50 a month and you'll get £600 in bonus payments over two years – and £1,200 if you keep it going for four. That's a 50% return, completely risk-free." The financial habits you establish today – from more intelligent budgeting to savvy use of tax wrappers – will yield dividends not just in 2026, but for many years to come. As McLeod puts it: "The best time to plant a tree was 20 years ago. The second best time is now."
Yahoo
04-07-2025
- Business
- Yahoo
Build wealth with tailored advice from the experts
OFFERING financial planning and investment management under one roof does more than save clients a trip to multiple offices — it's essential for safeguarding long-term financial goals in an increasingly volatile world. TrinityBridge has sharpened its focus on delivering integrated wealth management, as competitors move toward off-the-shelf, one-size-fits-all financial products. Instead, clients benefit from a collaborative approach, where a team of talented local financial planners and investment managers work together daily to align strategies with individual goals and evolving market conditions. It is this sense of collaboration that gives the firm its name, and why Edinburgh based Chris Megahey and Andrew Mackintosh–Walker believe TrinityBridge's integrated proposition is what clients require in such a volatile world. Andrew said: 'We feel the name TrinityBridge perfectly captures our approach to looking after our clients. At the heart of everything we do is a uniquely personalised service representing the client as one arch of the bridge. The other two arches are the professional adviser and the investment manager. It doesn't matter how stormy the waters; we feel that this trinity working together gives a solid foundation to pass safely over.' Chris agrees and continues to highlight the importance of having a local team to achieve personalised goals. 'I believe that we achieve the best client outcomes when there is a very close relationship between the client, financial planner and investment manager,' Chris says. 'Our goal is to provide a very personal service to our clients, and this is achieved by working in small teams within TrinityBridge. Our clients here in Scotland have regular contact with both their financial planner and their investment manager and they are also introduced to the local support teams, giving them friendly and trusted faces to liaise with – not just a name on an email.' Chris, who has been with the firm for almost 24 years, believes he sees this proposition come to life every day when engaging with a wide range of clients. He said: 'A common scenario that we encounter with clients is that they wish to build up sufficient wealth during their working life to be able to retire at a certain age with a specified level of income. To do this we need to assess their possible income streams holistically at the time of retirement and develop a personal cashflow plan. 'These plans involve ongoing assessments of a client's financial position as well as market shifts and support the development of a tailored investment strategy. 'The plans are constantly being updated, so a close relationship between client and advisors is crucial to optimise long-term outcomes.' Andrew agrees and notes that sometimes using separate providers for financial planning and investment management services can cause inefficiencies. 'Before I joined TrinityBridge in 2018, I saw that working in separate companies (from the client's financial advisor) sometimes didn't make a smooth experience for clients. Sitting in the same room is of huge benefit in keeping each side of the business aware and up to date of the volatility we are seeing, not just in the macro environment but also in tax legislation, which seems to be an ever-moving feast. 'We feel we have all bases covered on behalf of our clients and can keep each party informed of actions that may need to be taken or considered' Andrew goes on to emphasise that as each client is unique, their financial goals and the plans to meet those goals ought to emulate this, 'We do not believe that our clients' needs are best met by placing them in a one size fits all service,' he says. 'We believe our approach is an increasingly rare service offering in the current wealth planning market. As investment managers, we sit with our clients to understand them as individuals.' Chris agrees: 'I like to think of us as tailors,' he laughs. 'Sure you can buy a suit off the shelf that may be close to fitting, but it is never as good as a tailored fit. 'At TrinityBridge, our investment offering is bespoke and that means that we can tailor portfolios to meet a client's exact needs.' In an increasingly volatile world, it is comforting for clients to know there is a team of locals navigating the unexpected. Chris Megahey and Andrew Mackintosh–Walker can be found at TrinityBridge, Edinburgh, 60 Melville Street in the heart of the city. ■ Please be aware that no investment, or investment strategy, is without risk. The value of investments can fall as well as rise and you may get back less than you invested
The Herald Scotland
04-06-2025
- Business
- The Herald Scotland
How TrinityBridge helps businesses navigate change with confidence
As he reflects on the changes we have seen since the Financial Crisis, Bruce Saunderson, Private Client Director with TrinityBridge, tells us how a deep understanding of business exits, succession planning and wealth preservation allows him to help clients navigate life's financial turning points. 'I'm proud to be able to provide holistic financial planning and investment management services to clients and their families,' Bruce explains. 'My particular specialty is advising business owners in the run-up to an exit and helping them manage their finances after a business sale.' This tailored approach is especially critical in today's volatile financial climate. Recent changes proposed in the UK's Autumn Budget last year – particularly around Inheritance Tax (IHT), pensions, and family businesses – have added complexity to the wealth management landscape. Bruce notes: 'We have seen significant fiscal and economic upheaval before and my experience of advising clients through such troubled times allows me to help clients address the issues and concerns affecting them today' 'A significant amount of my work at the moment is centred around Inheritance Tax planning,' Bruce notes. 'The challenges presented by the proposed IHT changes are shared by a number of my clients and go beyond tax planning, to wider family succession issues. Given this added complexity, my focus is to deliver proven wealth management solutions that are tailored to individual clients and are designed to safeguard assets across generations.' (Image: TrinityBridge's Bruce Saunderson is celebrating his 30th year working in Glasgow) At TrinityBridge, the strategy is about combining time-tested solutions with a deep understanding of each client's unique circumstances. 'We work closely with our in-house investment specialist team to provide advice based on the specific needs, concerns, and objectives of our clients,' Bruce says. 'Having worked in professional practice for most of my career, I understand the importance and value that collaborating with clients' tax, legal and other professional advisers adds.' This collaborative mindset is essential as shifts in financial legislation as well as geopolitical events can occur rapidly. 'Close coordination between financial planners and investment managers is vital to optimise clients' finances' Bruce emphasizes. 'We aim to take an integrated approach - everyone's financial situation and aspirations are different, so it's important to have a financial planner who understands these bespoke needs.' Though TrinityBridge may be a new name, the firm's roots in Scotland – and Bruce's in Glasgow – run deep. 'I joined TrinityBridge in 2017. Glasgow has been my home for nearly 30 years, since graduating from Edinburgh University with a joint degree in Law and Accountancy.' Bruce's career has spanned boutique firms and legal and Big Four giants, giving him a distinctively broad perspective. 'As a company, we are able to offer a great mix of expertise to clients – having a wide-reaching talent pool across the UK to draw from, paired with the ability to engage in local one-on-one relationships thanks to our regional footprint.' Looking ahead, Bruce sees the firm's new name as a natural evolution. 'It's just another step on our journey,' he says. 'We have to the platform to continue to show clients that we are a great avenue to achieving their financial goals – not just for themselves, but for their families for years to come.' As for personal milestones, there's one more on the horizon: 'I need to think about how I'm going to celebrate my 30th year of living in Glasgow,' Bruce laughs. With a legacy of trust and a future-focused mindset, TrinityBridge is not just managing wealth – it aims to shape financial legacies. ■ Please be aware that no investment, or investment strategy, is without risk. The value of investments can fall as well as rise and you may get back less than you invested
CNBC
03-06-2025
- Business
- CNBC
How tourists alerted this fund manager to sell Moncler before its stock plunge
In February, while luxury brand Moncler was still basking in the glow of a stellar 20% share price surge from January, fund manager Giles Parkinson made a contrarian move: he sold out. His decision, driven by subtle signals in tourist spending data, ultimately proved to be the right one. By the end of March, Moncler's shares had plummeted over 14%, and its subsequent first-quarter results in April confirmed a growth slowdown. MONC-IT YTD line "We sold out of Montcler," said Parkinson, head of equity at asset manager Trinity Bridge. "The reason, the proximate cause for that, in isolation, was a more cautious assessment of the future growth of the luxury industry than we had before." Parkinson's caution wasn't borne out of analyst reports, hushed industry whispers, or traditional financial modeling, but from what he called a "good short-term guide to luxury industry writ large": the spending patterns of international tourists. Tourism spending data as a proxy Parkinson, who manages about £5 billion ($6.7 billion) in assets across several funds, said his decision to close his Moncler position partly stemmed from data provided by Global Blue, a firm which helps tourists and retailers with tax refunds. Typically, tourists can claim a refund on the sales tax or value added tax component of their total bill, which is often significantly large when making high-end luxury goods purchases. "More than 50% of luxury goods purchases are made by people travelling," said Luca Solca, head of luxury goods equities research at Bernstein. "This was the situation pre Covid-19, and we are now back to it." Global Blue's data for Europe, which is a significant destination for luxury goods shoppers, indicated a year-on-year growth of +9% for February, a 10-percentage-point deceleration from the 19% recorded in January. "We found, on a month-to-month basis, that's quite a good proxy for almost the trading health of the overall luxury industry," Parkinson said. "There wasn't anything notable affecting the comparative period or calendar effects or travel disruption," Parkinson noted. This clean signal, free from obvious distorting factors, amplified its significance. Even Japan, another destination for luxury goods shoppers from China, "also showed a deceleration in February," albeit with some Chinese New Year timing nuances. The numbers, though, were unambiguous for Parkinson, telling a story which he expected the companies in the luxury goods sector to echo in a few weeks. The data-driven conclusion the Trinity Bridge fund manager had arrived at was also contrary to the market sentiment at the time, which was expecting a long rebound in the luxury sector after a trough at the end of 2024. "Our assessment was that investors were looking for acceleration. [Fourth quarter] 2024 being the bottom for luxury was maybe going to be mis-founded," Parkinson added. The divergence between his data-led view and market hopes was key to his decision to divest Moncler. Global Blue's weak February European shopper data released on March 5 did indeed work as a catalyst. Moncler's stock, which had traded buoyantly, reversed and gradually ended March with a painful 14.4% decline. Moncler confirms the trend Moncler's first quarter 2025 report on April 16, while not disastrous, painted a clear picture of a company navigating choppier waters. The group's global sales rose by 1% to 829 million euros ($936.4 million). Crucially, the flagship brand Moncler saw sales rise only 2% and its crucial Europe, Middle East, and Africa region fell by 1%. The softening trend in tourist spending lingered. Global Blue's March 2025 data, released on April 9th, showed European tax-free sales growth decelerating further to +7% year-on-year. Parkinson is also not alone in using alternative and publicly available data to make trading decisions, and its impact may not be limited to the luxury sector stocks. Deutsche Bank and RBC Capital Markets analysts have also cited the use of tax-free shopping data in their assessments. "While this is not a direct read on cross-border transactions, we view it as a strong proxy for certain key European and Asian markets," said Daniel Perlin, analyst at RBC who rates fintech companies such as Visa , Mastercard , PayPal and Shift4 . Bernstein's Solca said that while Global Blue is the "absolute leader" in the tax-free shopping data, he cautioned that investors should use it as only one factor in making investment decisions. "They are one piece of a bigger mosaic, I would think," Solca added.
Yahoo
21-05-2025
- Business
- Yahoo
TrinityBridge Expands Strategic Partnership with SEI for Cloud, Cybersecurity, and Network Services
SEI Drives Global Growth with First SEI Sphere Client in UK/EMEA LONDON and OAKS, Pa., May 21, 2025 /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced that TrinityBridge has expanded its strategic partnership with SEI, adopting SEI Sphere® for unified managed services across cloud, cybersecurity, and network operations. SEI Sphere modernises enterprise technology and data infrastructure to help organisations operate securely and efficiently in an increasingly complex digital landscape. Already leveraging the SEI Wealth Platform℠ and SEI Data Cloud, TrinityBridge is the first UK/EMEA client to implement SEI's award-winning managed services platform, embracing its integrated suite of market-leading technology and operational solutions to drive digital innovation and fuel long-term growth. By adopting a unified approach and drawing on SEI's extensive IT expertise, TrinityBridge can gain enhanced enterprise visibility and unlock long-term operational value by: Replacing fragmented IT with an integrated platform that enables secure, resilient, scalable, and collaborative operations Driving greater efficiency and business impact with real-time, actionable intelligence to support confident, strategic decision-making Consolidating vendors and technology investments to better align with business priorities and deliver measurable return on investment Gregg Clarke, COO at TrinityBridge, said: "Our commitment to becoming the highest quality place for wealth professionals and their clients in the UK means that we need to integrate select, best-of-breed technologies into our solution. We chose SEI as a strategic partner because they both understand our business and are technologically and culturally aligned. As we continue to deliver a modern wealth management experience, SEI was the only company that could bring network, cloud, and cybersecurity together in a proven, cost-effective manner. "The expansion of our strategic partnership enables us to take superior customer service and protection to the next level. SEI Sphere's prescriptive approach to delivery allows us to not only provide reliable, quality, and timely service to clients, but it also helps us meet evolving regulations while adhering to the highest standards of data protection—all without the complexity of working with multiple providers. SEI is a trusted entity whose breadth of capabilities has enabled clients' growth for 57 years. We're thrilled to deepen our relationship to help protect our operational integrity and reach our growth ambitions." Steve Bomberger, Head of SEI Sphere, added: "We're excited to partner with TrinityBridge as they embark on a transformative journey to redefine their IT strategy and position their business for lasting, sustainable success. This deepening collaboration is a powerful testament to the impact of SEI's integrated digital transformation approach. Through SEI Sphere, TrinityBridge is not just simplifying and securing their operations, but aligning technology with a bold vision for growth, while maintaining the agility and resilience that will shape the future of wealth management in an ever-evolving industry." About SEI®SEI (NASDAQ:SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry. SEI tailors its solutions and services to help clients more effectively deploy their capital—whether that's money, time, or talent—so they can better serve their clients and achieve their growth objectives. As of March 31, 2025, SEI manages, advises, or administers approximately $1.6 trillion in assets. For more information, visit About SEI Sphere®SEI Sphere equips organisations with a secure, structured path to modernisation through its unified suite of cloud, cybersecurity, and network services. As businesses grow and face increasing regulation, SEI Sphere provides the support needed to establish and maintain a secure, scalable, and future-proof technology foundation. For more than 55 years, SEI has provided technology platforms and solutions that enable clients to focus on strategic initiatives and drive future growth. For more information, visit Company Contact: Media Contact: Leslie Wojcik Amelia Graham SEI Vested +1 610-676-4191 +44 (0)7393 477 057 lwojcik@ amelia@ HazardVested+1 917-765-8720eric@ View original content: SOURCE SEI Investments Company Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
