Financial Advice

Full Financial Reviews
We give a complete assessment of your finances including: life cover, investments, pensions, savings, personal loans and mortgages.

Do you know?
> How to maximise your savings?
> How much life cover you need?
> What bank charges you are paying?
> How much will you get paid by your employer in the event of an illness or accident?
> What your weekly pension will be on retirement?
If you have answered ‘No’ to any of the above questions you will benefit from our Personal Finance Review.

Budgeting Service
We provide a budgeting service whereby we will sit down with you and discuss your present income, expenditure and savings against your future income, expenditure and savings. Everyone has different needs and wants, which is why it’s important that we meet with you to discuss YOUR individual needs and wants.

We will look at areas such as insurance, savings and pensions and other ways that you maximise your earning potential and protect yourself. Will you be provided for if you become ill? If you are saving for a home, how can you save the deposit in the most effective way? Is it wise to start a pension?

All of these areas will be looked at and the best package will be designed for your individual needs.

Debt Management Service
We will work with you in establishing a method to repay your debts and get you on the road to financial freedom again. We will analyse the different types of loans you have, interest you are paying. If we can see a more cost effective way for you to pay your debts, then we will work with you to establish them.

Future Financial Planning
We cannot always predict what will happen in life or in business. Therefore it is essential to plan well in advance. Through better financial planning, goals can be realised more effectively.

As we all know, sound financial planning is essential to securing the long-term success of your business. It’s about analysing your business’s current and desired future financial position. It’s about deciding what your business’s goals are and working out ways to achieve them. It’s about thinking ahead.

However, it is not just your business’s finances that you need to sit down and plan for. Financial planning is also required for your personal finances. You should have a ‘financial health check’ at least once a year and in particular after significant life events such as getting married, starting a family or starting your own business. You should sit down and assess your current financial position and desired future financial goals. There are a number of key factors to consider when planning your financial future:

Get expert advice
People regularly seek expert advice for many everyday issues. You should talk to a financial consultant such as ourselves, who will help you determine your personal needs and goals. We will analyse your current financial position, highlight any shortfalls or gaps and put forward recommendations to improve your long-term financial position.

Start now
No matter how much or little money you currently have, it is important that you use it as effectively as possible. Regular savings will help ensure that you will have adequate access to cash when and where you need it. You should try to set a portion of your income aside on a regular basis, i.e. each week or month, for your long term needs. If you don’t, you may find that when you need a lump sum, you won’t have one available to you.

In addition, you could also use a portion of your savings to help pay off any credit cards, car loans or other borrowings when you can. That way you will cut down on the length of your borrowing and help reduce your interest bill. Remember that you work hard for your money and therefore you need to make sure that it’s working just as hard for you. If you haven’t done so already, you should start saving now.

Think long term
When planning for your long term financial future, it is important for you to consider your long term income needs. Therefore, it is worthwhile examining the merits of starting a pension. It is a worrying fact that out of a workforce of over two million in Ireland, over 900,000 people do not have a private or occupational pension. The State is spending €2.8 billion on pensions annually however too many people will be relying on the State Pension (currently €238.90 per week) for their future income.

How would your lifestyle and that of your dependents or family be impacted if you had to live on €238.90 per week? While some self-employed people still prefer other investment options to a pension, such as property, making pension contributions remains one of the most tax effective investments, as tax relief is available on contributions made today. Ask us about the tax benefits available to you by taking out a pension.

Protection for the rainy day
Most people realise that it is important that both themselves and their family are adequately covered in the event that their income dramatically reduces due to death, or serious illness. However, at the same time, it is fair to say that topics such as life assurance and critical illness cover do not generally set the pulses racing and that many people believe that such cover is both too expensive and complicated to arrange. This is maybe the reason why, in many cases, people are not adequately covered in the event of one of these unforeseen circumstances actually occurring.

It is essential however that both you and your spouse or partner have sufficient cover as even if it is not the principal ‘bread winner’ who dies or becomes seriously ill, the whole family can still suffer financial problems.

Preparation is key
Life changes so rapidly, events such as marriage, buying a house, starting a family, starting a business, retirement all seem to occur as a natural progression. However too many people find themselves faced with decisions and situations that they are not financially prepared for. Financial planning is simply a way of helping you ensure that you achieve these goals.

Start thinking about it today.

Wealth Management
Since the formation of the company in 2006, we have grown substantially and invest on behalf of a range of clients.

We add value to the wealth management process by bringing a wide array of experience and knowledge to the table. Factors such as life insurance, retirement funding and investment are all considerably intertwined in the business of wealth management.

By having a team of highly qualified analysts and advisors we are in a position to constantly review the marketplace in order to bring the best of options to the table for our clients.

Our aim is to preserve and grow our clients’ capital based on our clients’ individual requirements.

Do’s and Don’ts

“We have found Frances O’Hanlon Mortgages & Investments Ltd a pleasure to work with.  When it came to knowledge of investments and what suited me personally, they were excellent and were always on hand to answer my queries. Thank you for making it so easy for me.”

Mike O’Donoghue
North Dublin