David Langley

What were the circumstances that caused you to initially look for an adviser?

Inherited some money

How has David Langley helped you?

Has given me sound professional advice with full transparency

Have you seen the outcome you were hoping for?

I have seen a better outcome than I expected

What could they have done better?

I am completely satisfied with service

What were the circumstances that caused you to initially look for an adviser?

Sale of our house allowed us an investment opportunity.

How has David Langley helped you?

Facilitated the movement of our pensions from one provider to another. Investigated and recovered and old dormant work pension. Created a strategy of investment for pensions and investments that suited our circumstances. Advised on inheritance tax and long-term retirement plans.

Have you seen the outcome you were hoping for?

Yes.

What could they have done better?

Slight sight loss of the original investment amount vs where we are at now as it is nice to see where we have come from, to where we are now, but this has been corrected and explained to our absolute satisfaction.

What were the circumstances that caused you to initially look for an adviser?

I was unhappy with a previous FA who didn’t review or advise future planning of my finances.

How has David Langley helped you?

He has organised every aspect of my finances ensuring I can relax and enjoy my retirement.

Have you seen the outcome you were hoping for?

Absolutely I am extremely happy that David has my best interests at heart and regularly reviews my financial plans.

What could they have done better?

Nothing that I can think of.

What were the circumstances that caused you to initially look for an adviser?

My money was invested with another provider previously. I changed to Bluewealth as they provided clear guidance and understanding David took time in listening to me and my future goals. He explained every aspect clearly. David is a wonderful example of a great adviser with enormous experience in both financial advice and care. I can't recommend Bluewealth enough.

How has David Langley helped you?

David has helped me have future plans for myself and my family He takes time and great effort in providing clear guidance.

Have you seen the outcome you were hoping for?

Yes I am seeing a clear outcome

What could they have done better?

Nothing everything is explained in detail

What were the circumstances that caused you to initially look for an adviser?

After an initial attempt to sort our finances just before Covid we found that our financial advisors had failed to initiate our instructions after 2 years and nothing had been sorted out. We contacted David at Bluecoat to help us to unravel this mess and plan our best way forward. We felt frustrated and quite disillusioned with financial planning as we had thought we had put a plan in place but nothing was done. We were in the 10th year of our hospitality business and were interested in selling our business and working towards an early retirement where we could run off to the wilds of Scotland.

How has David Langley helped you?

Firstly, David gathered all of our paperwork and historical documents from a variety of different pensions over the years. We did manage to get a buyer for our business so we also had some capital that we wanted to make sure would work for us. Bluecoat consolidated our pensions (apart from a local authority one) and advised us about the best use of our capital directing us to max our pensions for the year and we also wanted to pay off a chunk of our mortgage. David provided a reality check for us as he outlined proposals to support us in our aim to retire early. This involved mapping out a 3 year proposal and a 5 year proposal and providing us with clear visual data to help us understand the overall trajectory. We had clear targets for employment for our final working years along with pension contributions. These were manageable but ultimately really not fun. We returned to the workplace after running our own business for 10 years and this felt very much like we were on a treadmill - money in and money out; eat, sleep, work and repeat. We are not the most patient of people so we again turned up at Davids door to review our plan. The new plan involved us moving our ideas forward. With Davids help we managed to cost up selling our house in the South East, and rather than downsizing locally, we would make the move to Scotland early. With the profits we were able to provide Bluecoat with the 5 years’ worth of the pension contributions that we had committed to, saving in a lump sum rather than slowly building this through 3-5 years of working. We also bought a cheap mobile home for us to live in while the timeframes for both selling this our home and buying a new place in Scotland didn't work particularly well. We have given ourselves a 12-month sabbatical (or pre pension gap-year!) to build our new life in the Highlands of Scotland. We intend to use this time, plus additional savings from sale of house, to support us during this period and also contribute to a smaller sustainable and creative enterprise/business. David has ensured that our capital is being put to use with ISA's and Pension contributions while we are able to focus on funding our new life.

Have you seen the outcome you were hoping for?

Our plans have not really followed the traditional route as we feel the world has much more to offer us and, despite heading towards retirement, we also feel we have more to do. Both Bob and I felt quite trapped following the sale of our business and being in paid employment and it was incredibly empowering to be able to get the expert support and advice from David that enabled us to be a little more creative and change our plan to something that suits us as people rather than an ‘off the shelf’ plan. Currently we are living in our fabulous mobile home, a 1989 Talbot Express Pilote (held together with good faith and gaffer tape) in Moray, on the north east coast of Scotland. We are having the best time, beautiful walks, stunning skies and getting to know our locality -, we are residents in waiting. Our new home will be ready for us early December and we can’t wait to begin our ‘The Good Life’. David has been an amazing cheerleader for us throughout this process. He listened carefully to what we needed and was thorough and kept us informed throughout. When we felt the first route wasn’t working, he reworked our plan. While we are aware we are taking a risk, (we still have to support ourselves, after our gap year, before our pension drops through in 2029, but we feel this risk has been mitigated to an extent with the support of Blue Coat and David. So far, we are totally on track with all of our plans, the pension is doing its work and our ISA’s are ensuring we are taking advantage of tax efficiencies. We have the funds going forward and we are excited and inspired about our future – I guess life actually starts at 58 years ?

What could they have done better?

This definitely has us scratching our head because the service that we have received from David has been totally right for our needs. Having arrived at Davids door feeling pretty disillusioned with financial advisors we have been very impressed with the wealth management that David has put in place for us. We have really appreciated Davids positive approach and it has given us the courage to follow our own ambitions.