Legal Business

Fine wine and classic cars don’t necessarily make vintage investments

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Finance Tilney
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Chris Cole at Towry advises on financial planning.

Knowing where to invest your money can be a challenge, especially if you don’t have the time to be on top of what’s happening in the financial markets. It can therefore be tempting to invest your savings in areas
where you have a keen interest, in things like wine, art, classic cars or even violins as I heard recently.

However, while mixing hobbies and investment together may seem like a good idea, it can actually involve quite a lot of risk and may not help you achieve your long-term financial goals.

Legal Business

Achieving financial independence is so much easier if you create a plan

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Guest blogs Tilney
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Towry’s Chris Cole explains how they help legal partners achieve lifetime financial goals

Over the many years we have been working with law firms, we have found that partners typically have common aspirations from a financial point of view. Chief among these is usually the desire to become ‘financially independent’ – in other words, working out when enough is really enough to achieve the future they want for themselves and their families. However, legal partners are incredibly busy people and so they invariably do not have the time to personally put together a plan to help them achieve this goal.