What makes NOVA Wealth’s approach to financial planning unique?

At NOVA Wealth, the goal has always been to build a new kind of financial advice practice. One that goes beyond what clients typically expect from an adviser.

The aim is not just to manage investments, but to help people live the lives they truly want, supported by clear goals, advanced technology, and an enduring partnership.

Over time, we’ve developed our own framework for financial planning. It’s built on five key components that together form a complete financial plan, designed to create confidence, clarity, and long-term peace of mind for our customers.

The five core components are purpose, income, investments, tax, and security.

1. Purpose: what’s your money for?

Many people spend years working hard and building wealth, but haven’t stopped to ask: what’s it all for?

Before talking about investments or efficient use of tax allowances, we help clients define their purpose by asking big questions:

• What’s the problem your money is meant to solve?
• What’s the life you want to create for yourself and your family?
• What’s your purpose?

For some, that purpose is crystal clear. For others, it starts with exploration and understanding what’s possible. That’s why we’ve developed tools to help people visualise their future, so together we can define what success means before building the plan for you to achieve it.

2. Income: how can you make your money last?

A strong financial plan doesn’t just grow wealth, it supports life. Once we understand your purpose and your goals, we help design a sustainable income strategy for retirement. This helps give you the confidence to spend money today while knowing it won’t jeopardise tomorrow. The goal is balance: maximising enjoyment of life now while protecting future security.

3. Investments: is your money working hard towards your goals?

Every investment should have a purpose. Once your purpose and income needs are clear, we help align your investments to support them. Ensuring that portfolios are optimised, diversified, and that your finances are truly connected to your broader plan.

4. Tax: how can you keep more of what you earn?

It’s likely that over your lifetime, you will spend more money on tax than on anything else. That’s why a well-structured financial plan should aim to optimise your lifetime tax position. From how investments grow, to how income is drawn, and how wealth is passed on efficiently. It’s not about avoidance; it’s about smart, forward-thinking planning within the rules.

5. Security: are you and your family protected?

It might sound surprising, but in the UK people are three times more likely to insure their pets than themselves. That sounds like a funny anecdote, but it’s not. Being underinsured can have devastating consequences for you and your family. We make sure that every plan includes the right level of protection, so clients are financially secure even if the unexpected happens.

Why is ongoing advice far more valuable than one-off advice?

At NOVA Wealth, we work with our clients on an ongoing basis. We won’t do one-off holistic financial advice.

Financial planning is not an event. Life changes, so your plan needs to adapt. It cannot be a “set and forget” process, nor can it be a cookie cutter solution that we apply in the exact same way for every client.

Proper financial planning requires a framework that needs to be continually applied year after year to deliver a customised strategy for your unique needs, so that you can achieve your goals and live the life you dream of.

The real value of working with a financial planner comes from the relationship and trust that is built up over years of working together. Which is why we have set ourselves up to form long-term relationships with our clients.

Final thoughts

The value of advice is not just in better returns or tax efficiency. It’s in clarity, confidence, and the ability to live life on your terms. The framework we follow with our clients brings structure to that journey, helping you move from uncertainty to control, and from planning to living.

If you're ready to build a plan that fits your goals, we’re here to help: Book a Discovery Call today.

Capital at risk. Investments can go up and down in value, so you could get back less than you put in. This article does not constitute personal advice. Prevailing tax rates and reliefs are dependent on your individual circumstances and are subject to change. Issued on behalf of NOVA. NOVA is a trading name of NOVA Wealth Ltd, which is authorised and regulated by the Financial Conduct Authority (FRN: 778951) and is a limited company registered in England & Wales (10739796).