Why lester brunt

We believe that financial advice is for all, no matter your wealth,
no matter your age.

Lester Brunt Wealth Management is a family-focused business, born out of the passion to help clients build and secure financial freedom for individuals and for families. We believe that financial advice is for everyone, no matter your wealth, no matter your age. We are here to help you navigate the complexities of financial planning, assisting with whatever is needed to make a positive difference to you and your family.

We encourage families to get together and talk about money, helping over 4,500 clients so far. We’re here for you and your family during the peaks and troughs of life, with a team of highly qualified advisers available to guide you and your family through your finances.

Relationships to stand
the test of time.

A trusted relationship is one of life’s most valuable assets – it is the cornerstone on which our relationships are built. We build long-term relationships so we can be there every step of the way on your financial journey, adapting and tailoring plans to provide a strong platform for your future. Plans are created personalised to you, highlighting what you find important and helping your money make a positive difference in the areas that you care about.

Giving you
peace of mind.

We understand that finance can be a daunting topic, which is why we put your priorities first. Plans are bespoke to you and your appetite to risk, making sure your money is invested in the areas and sectors you want it to be.  As a Managing Partner Practice of St. James’s Place, we have strong roots that nurture confidence.  We offer solutions to help you achieve your goals, putting your financial wellbeing at the forefront and with SJP guaranteeing* the suitability of our advice to you and your family.

 

*St. James’s Place guarantees the suitability of the advice given by any member of the St. James’s Place Partnership when recommending any of the wealth management products and services available from companies in the Group, more details of which are set out on the Group’s website at www.sjp.co.uk/products

For everything
you care about.

We pride ourselves on going above and beyond for you, striving to make handling your finances a more inclusive, informative experience. Simply giving advice isn’t enough for us. By listening closely, we gain an in-depth understanding of the areas you find important, making sure the things you hold dear are accounted and cared for.  When it comes to the future of your family, we help you to achieve financial peace of mind, aiming for your money to be working and growing with you.

what we offer

Getting advice.

See how we can help you
on your financial journey

INVESTMENT PLANNING

Helping you on
your journey.

RETIREMENT PLANNING

A financial plan
that works for all.

INTERGENERATIONAL WEALTH MANAGEMENT

Building a plan
that works for everyone.

PROTECTION PLANNING

Protecting what's
important to you.

CORPORATE SERVICES

Supporting you
and your business.

ADDITIONAL SERVICES

Catering for
all your needs.

Trust Registration

Register your trusts by 1st September

Going Green

Want to make a positive impact with one easy change?

Trust Registration Changes (Act Now)

 

What is the Trust Registration Service?

Since 2017 HMRC have required any tax-paying Trusts to be registered with them through the online Trust Registration Service (TRS).

What is changing as a result of the new requirements in the TRS and why?

The latest UK Money Laundering Regulations have now extended this requirement to include most nontaxable Trusts which also now need to be registered on the TRS. This is to comply with the 5th Anti-Money Laundering Directive.

When do Trusts need to be registered?

Any existing non-taxable Trust must be registered by 1 September 2022. Any new Trust must register by 1 September 2022 or within 90 days of being created (whichever is later). This means that a Trust set up before 4 June 2022 will have to be registered by 1 September 2022. Any Trust set up from 4 June 2022 will have to be registered within the following 90 days. For this reason, registering a Trust on the TRS will become a requirement in the process when advising on all new Trust business. Any changes made to the Trust (change of Trustee, Beneficiary etc) must also be notified to the register within 90 days of the change.

Which Trusts need to register on the TRS?

HMRC provides a full list of Trusts that are excluded from registration, but generally speaking all SJP Trusts; including Gift Plans, Discounted Gift Trusts (DGT), Loan Trusts, Asset Preservation Trusts (APTs) and Designated Unit Trusts require registration.

Exceptions are:

• Asset Preservation Trusts set up before 6 October 2020 that hold assets worth less than £100
• Trusts where the only asset is a protection plan (a policy that only pays out on death, terminal or critical illness or disablement or to meet healthcare costs)
• Trusts holding the benefits from a policy received after the death of the life assured, providing the benefits are paid out from the Trust within two years of the death




UK Trusts (ie. all Trustees are UK resident or, at least one Trustee is a UK resident and the settlor was a UK resident/domiciled, when they set up the Trust or added property to it) may have an obligation to register in an EU country, instead of, or in addition to, the UK register. This may occur where one or more of the Trustees reside in an EU Member State. Each member state of the EU has different requirements to register, you may need to refer to that Country’s local regulations. Certain non-UK Trusts (i.e.
other than UK Trusts ) must also register with HMRC, for example if they acquire land in the UK on or after 6 October 2020, or if they have UK tax liabilities, or if one of the Trustees is UK resident and they enter into a business relationship with a UK financial institution. For complex cases, you may need to speak to the Tax, Trusts & Protection Team and Clients may need to seek specialist tax advice.

For help registering your Trust, watch this video:

If you have any questions please get in touch.

In an age where the online world is at our fingertips, why shouldn’t your wealth management be there as well? Our Online Services allow you to access all your wealth investments in one smart place. Whether you’re already registered, or just about to, here are some great features that can help you get the most from your online account.

Online registration:

Registering for Online Services with an activation code allows instant access. If you haven’t got a code, please contact your adviser. Registering online ensures all information is password protected.

Set your preferences:

Set your communication preferences to receive your digital reports and electronic correspondence.

Self-service:

Make online debit card payment for ISA and any JISA top ups with a debit card

linked to your account, on demand and at a time that suits you. Make payments to Unit Trusts, Retirement Accounts and new ISAs. (Speak to your adviser in order to get this process started) View the value of your investments in a range of currencies and see a breakdown of

this valuation. Instant notifications when a new document is available to view.

For every client opting for paperless correspondence, St. James’s Place will donate £5,to the St. James’s Place Charitable Foundation.

The value of an investment with St. James’s Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.

The favourable tax treatment of ISAs may not be maintained in the future and is subject to changes in legislation.

Investing in their future:

Less well-known is that children can also have a pension fund as soon as they are born – and setting one up can bring significant tax advantages. Even if your child is a non-taxpayer, they will still get basic-rate tax relief on contributions. That means a maximum of £2,880 a year is automatically grossed up to take account of tax at 25%, giving an annual investment of £3,600

The people that matter

Clients

You're the most important person we could ever meet, click here to find out what your Lester Brunt journey could look like.

Our People

Highly qualified, professional and always ready to answer any query, our staff are great people who are keen to help.

COMMUNITY

We believe in making an impact, our local community is no different. See the work we do in our communities.

Meet your adviser

Our specialist advisers are
waiting to help you.

learn more about us

View our brochures