We offer a cash management service where we review your current savings accounts with banks and building societies. We can then advise on how you can make these work better for you.
It is amazing how much more interest you can receive just by changing accounts. We accept that you can simply look in the newspapers or visit one of a number of websites to identify the top interest rates. However, the best rate is not necessarily the full picture. These sites seldom ever include all the accounts that you should consider. For example, sometimes the rate only applies if you make limited or no withdrawals. On other occasions savers are just not comfortable with the institution offering the top rates.
Even if you identify the best paying accounts, do you check to see that they remain competitive? Banks and Building Societies are unlikely to tell you that you can receive a higher rate simply by moving to another account with them.
Following a review, we recently increased a client's prospective annual interest increased by around 200%.
We offer a service at two levels. Either as a one-off exercise, or with a review programme built-in. The review option means that we will look at the accounts you hold on a six monthly basis, or more frequently if you prefer to identify whether you are still in competitive accounts or recommend changes as necessary.
This service is provided on a fee basis, and we will provide you with a quotation. Generally, we would expect this service to be of greater value where more than £100,000 is available for investment.
If you would like an intial no charge discussion and quotation please contact us on 01604 231555 or by e-mail on adrian@davenportgroup.co.uk