Wealth Reporting Tool
27 July 2021
Giving you a complete financial picture
A BDO Wealth Report can provide a complete picture of your financial (and some non-financial) information in one place. We will provide you with frequently updated analysis of the liquidity of available funds and your net asset position to aid you with decision making. These reports can be provided to you on a monthly, quarterly, or annual basis.
Our reports are tailored to your requirements, and we’ll work with you to ensure that you have the overview that you need.
Some of the information that the report can show includes:
- CASHFLOW FORECASTING
Helping you to plan for future income and expenses.
- QUOTED INVESTMENT TRACKING
Working with your investment manager to give you an overview of performance in one place.
- PROPERTY – PROFIT AND LOSS
Income and Expenditure can be analysed between the properties in your portfolio. Allowing you to have an oversight of properties that generate the best return for you.
- PRIVATE EQUITY INVESTMENTS/FUNDS
Providing you with an overview of your investments, tracking of capital committed and returns.
Working across teams in BDO and with your external advisers, your report will provide a snapshot of your wealth and forms a basis for discussion around your long-term plans and how best to optimise your position to achieve them.
We can also include tax liability estimates and tracking on gifts and donations to assist with your estate planning.
The use of the report will also aid the transfer to more frequent and electronic filing when HMRC introduce Making Tax Digital for Income Tax.
Interested in how a BDO Wealth Report could help you understand the full picture? Get in touch with the team today and we can provide you with an example report and tailored ideas for your personal wealth and assets.