Wealth of Advice

Independent Financial Adviser  Swale House, Belmont, Durham, DH1 1TH
First meeting at adviser's own cost
We specialise in helping people to plan and manage their retirement finances. Contact us now to receive your free consultation and find out what we can do for you!
We can advise you on
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Annuity purchase
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Pension consolidation
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Pension drawdown
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Pensions & divorce
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Pensions & retirement planning
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Pensions review
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Pensions transfer
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SIPPs
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Stakeholder
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Wealth management
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Ethical investments
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ISA / Unit Trusts / OEICs
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Investing for income
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Investment trusts
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OEICs
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Offshore investments
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Socially responsible investments
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Unit trusts
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Lump sum
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National savings
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Regular savings
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Savings for children
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School fees planning
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Critical illness
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Income protection insurance
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Life insurance
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Capital gains tax
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Estate planning
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Income tax
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Taxation planning
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Corporate pension
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Employee benefits
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Group Pension/Stakeholder
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Group Protection/Life Insurance
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Group critical illness
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Group income protection
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Group life insurance
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Group private medical insurance
Response rating
9.3/10
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FCA authorised
Last authorised 22nd February 2021
Meet our advisers
MR Chris Breward Chartered Financial Planner
Managing Director

An internationally recognised financial planning credential. The holder must demonstrate a combination of experience, financial qualifications (usually AFPC/DipPFS) or equivalent, an IFP assessment, ongoing educational activity (continuous professional development) and ethical behaviour.

This qualification assessed the knowledge and understanding of the UK regulation environment in the financial services industry together with types of mortgage products and repayment options and the giving of mortgage advice.

To achieve the Fellowship grade, individuals would be required to have 10 AFPC (Diploma) units or equivalent. This shows a commitment to continuous professional development.

This examination assesses a knowledge and understanding of the Government’s simplified pension taxation regime which came into full effect on 6 April 2006 (A-Day). Eight tax regimes for pensions were reduced to one, radically affecting planning and transactions.

In order to have completed this qualification, individuals were required to obtain three units. These could have been selected from any combination of the available units at that time but must have included the compulsory G10 unit - Taxation and Trusts.

To achieve the Associateship grade, individuals would be required to have 6 AFPC (Diploma) units or equivalent. This shows a commitment to continuous professional development.

Having achieved the APFS designation, advisers can go onto to achieve this recognisable benchmark of quality and ethical practice for financial services professionals, elevating financial planning and advice in the public eye to the same standing as other Chartered professions. The holder must demonstrate a combination of experience, financial qualifications, ongoing educational activity (continuous professional development) and ethical behaviour.

This examination assessed a knowledge and understanding of the UK tax system, the law and practice of trusts, but also an ability to advise individual clients on the tax treatment of their investments and the use of trusts to meet their current and foreseeable future needs.

This examination enhanced general pension knowledge, particularly in pension transfers and opt-out business.

This qualification assesses a knowledge and understanding of the financial services industry, including regulation, legislation and the Code of Ethics.

This examination assesses the candidate to develop an understanding of the financial planning process when giving advice to clients.

This examination assessed a knowledge and understanding of investments and an ability to advise individual clients on the construction of investment portfolios to meet both their current and foreseeable future needs.

This examination assesses the candidate to develop in depth financial planning skills related to personal tax and trusts.

This examination assessed knowledge and understanding of income generating options and applying the knowledge to retirement planning situations.

At the end of this unit, candidates should be able to demonstrate an understanding of the: process of decumulating pension funds and the main issues for clients and advisers; main choices facing members of pensions schemes during decumulation; features, risks and tax treatment of the secured pension option; features, risks and tax treatment of the unsecured pension option; features, risks and tax treatment of phased retirement; features, risks and tax treatment of the alternatively secured pension option.

At the end of this unit, candidates should be able to demonstrate an understanding of the: main tax and legal frameworks that govern the accumulation phase of building up retirement benefits under registered pension schemes; features of defined contribution and defined benefit pensions; choices faced by early leavers and use of transfer value analysis; State retirement benefits available, including the risks and suitability of contracting out of the State Second Pension.

At the end of this unit, candidates should be able to demonstrate an understanding of: the basic structure of the tax system and self-assessment; the main taxes on income and capital that may be charged on individuals, the self-assessment system and how tax liabilities are computed; impact of residence and domicile on an individuals liability to UK tax.

At the end of this unit, candidates should be able to demonstrate an understanding of: how the economic environment and individual company performance affects investment performance and investment decision making; how risk is measured and managed; the main principles governing how to construct an investment portfolio; the range of investment management services, how their performance is evaluated and their regulatory environment.

Fellowship of the CII is universally regarded as the premier qualification for those working in the insurance industry. As part of the Retail Distribution Review which comes into effect in 2013 they will have also been required to demonstrate their knowledge is up to date, this process is known as Gap Fill. On satisfaction of the gap fill requirements they will have obtained a Statement of Professional Standing from an FSA Accredited Body.

This qualification assesses a knowledge and understanding of recent pension reforms and how the changes impact at-retirement advice.

This qualification accesses the specialist knowledge and skills needed for advising on the transfer of safeguarded benefits

Accreditations
Chartered Financial Planner
MR Mike Weedon
Financial Planner

This qualification assesses a knowledge and understanding of an ability to analyse financial protection planning issues.

This qualification assesses a knowledge and understanding of the financial services industry, including regulation, legislation and the Code of Ethics.

This qualification assesses a knowledge and understanding of an ability to analyse pension and retirement planning issues.

This examination assesses a knowledge and understanding of financial protection plans.

At the end of this unit, candidates should be able to demonstrate an understanding of: how the economic environment and individual company performance affects investment performance and investment decision making; how risk is measured and managed; the main principles governing how to construct an investment portfolio; the range of investment management services, how their performance is evaluated and their regulatory environment.

This qualification develops advanced technical knowledge and understanding across a broad range of key advisory areas.

This exam accesses understanding of the financial services industry including regulation and legislation.

This exam accesses understanding of the financial services and their regulation.

This exam accesses understanding of key retail financial products such as savings, investments and tax wrappers.

What our clients say
I am grateful to Chris and his staff for all of the advice I have received over the last 7 years. I would recommend his services to anyone who needs Financial Advice.
George Bolam, Sedgefield
Chris Breward has been my financial adviser for eight years, the previous 32 years my business was handled elsewhere and I can state that he is the best advisor I have had by a country mile. He constantly strives to obtain the best returns for his clients and i am highly satisfied with his endeavours. I find Chris very personable, amenable to suggestions, quick to respond and I have no hesitation in recommending him
David Malia, Northumberland
On retirement I needed advice on investments for pensions and savings. Chris was recommended and we met. I was impressed by his no nonsense style and knowledge of the investment world. In the 5 years since I have been very pleased with the advice and service Chris and his team have provided. Chris is always accessible and returns calls as soon as he can. I have never had reason to question my decision to put my investments in his capable hands.
Dr J Leech, Lytham
I would like to thank the W.O.A team for their impressive communications over the whole Corona virus period. From the beginning back in February and March, Chris and the team identified client concerns and a need for increased communications to reassure clients and explain how the virus was developing and affecting market confidence. I never failed to contact or speak to a member of staff during the whole period, this is so much more appreciated than an answerphone. The most impressive of all the communications are the weekly or fortnightly Market Update video presentations e-mailed to clients to view on Youtube. The effort put into these presentations deserves congratulations and a massive Thank You.
Phil B, Peterlee
Very professional and personal advice, backed up by an excellent online portal. Chris and his staff are very courteous and communicate complex financial issues with clarity.
Clive, Sunderland
I went to see Chris regarding taking my money out of my company pension early so I could pay mortgage off early, and he gave me excellent advice etc. He gave me honest advice, ie to stay in company pension for a few years as it is a really good scheme, but he did understand why I wanted to draw my funds out and look after them myself. I have been very pleased with the outcome, I would highly recommend Chris who gives you his honest opinion, along with the possible pitfalls.
Peter, Newcastle
I had taken early retirement and was ready to start combining all my pensions and drawing down a regular amount. As one of my pensions was a final salary pension, I chose Chris to manage this process. Chris was really helpful, and explained things clearly and made sure we were comfortable with all aspects of the transfers and investments.
Garry, Durham
I was looking to take my works pensions early to allow early retirement. I was also looking for security for my family if anything was to happen to me. I’m now looking forward to my retirement in the very near future. Chris looked at my pension values, identified products available to me and risks associated. The staff were all very professional, helpful and approachable in making the process work for me. Felt very comfortable throughout the process and had any questions answered in a method I could understand. All my concerns were addressed.
Peter, Co. Durham
I retired 5 months ago and I was told of Chris a few months previous to that, I needed to know that my wife and I were going to be financially comfortable for the rest of our retirement especially with the current financial climate. Chris was really helpful and extremely knowledgeable concerning my finances , there is also the personal touch which I expect you don’t come across often. I have only been with Chris for a matter of months but we are contacted regularly if there are anything’s that may concern us, with Brexit and other outside influences that may affect my finances. I am more than happy with Chris and the team, I know that I don’t need to worry about finances as they monitor market fluctuations constantly and I am confident that they will always do their utmost to look after us.
Keith, Co. Durham
I spoke to a number of advisors and found Chris to be approachable. He talked me through things in a way I would understand and was happy to expand on the detail when questioned. He doesn’t use gimmicks or trendy surroundings he tells it as it is. It has all been managed professionally and in a timely manner. He has delivered exactly what he said he would.
Julian, Hartlepool
I would like to take this opportunity to thank Chris and his team for all the good work they have done for us, since we started using their services. We have been with Wealth of Advice for around 18 month and have found them to be an excellent and professional company to work with. They are always willing to listen to you when needed. The new secured portal they have setup over the last 6 months or so , makes it easy to check on how you are doing . As well as making it easy for them to contact you and you to contact them.
Derek, Durham
About us

We are retirement planning specialists.

Our clients become long term fans of the firm due to the hollistic service we offer. We will be here for you as you around for the long term, helping clients for as long as they need us to.

We believe in providing an all round service to our clients and our fees include a lot of services that other firms usually charge for.

Our services

We are specialists in Retirement Planning, Income Drawdown, Defined Benefit Transfers, Investment Management and Estate Planning.

We help you understand your options and try and help you make the best decisions possible.

We have yet to receive a client complaint for poor advice and we build up great relationships with people who genuinely become fans of the work we do for them.



Please note. Our minimum CETV for Defined Beneift Transfers is £400k.

Where to find us
Head office address: Swale House, Unit 3, Mandale Business Park, Belmont, Durham, DH1 1TH
Service coverage
Preferred clients
Minimum wealth (income/assets)
£100,000
Minimum pension value
£100,000
Minimum mortgage value
£0
Advice methods
  • phoneButton
    Telephone
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    Online (Live chat, video, email)
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    Face to face
Response rating
9.3/10
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FCA authorised
Last authorised 22nd February 2021

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