How to Set Up a Stocks and Shares ISA

In this blog post, we explain how the financial advice team at St Barts Finance can help you set up an investment ISA along with building you a bespoke financial plan that is in line with your goals lifestyle and attitude toward risk.

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How to Set Up a Stocks and Shares ISA

St Barts Finance will be able to research and recommend the most suitable option for you, all whilst talking you through the financial jargon. This means you will be well informed and understand the type of savings plan you are opening and where your money will be invested.

Stocks and shares ISAs come with their own set of rules, regulations and fees; which is why it is always best to seek financial advice rather than go it alone. Investing your money into stocks and shares ISA is a great potential for growth, but it can also be a great potential for a fall, hence why taking financial advice from a professional is a paramount part of your investment journey.

Once your financial advisor has understood your individual needs and circumstances, they will recommend a bespoke plan that has been built for you. The team at St Barts Finance take great pride in making sure all their clients understand exactly where their money is being invested and encourage an informative and educational process to financial advice.

As you may be aware by now, you have yourself a £20,000 tax free allowance to invest per tax year. You also need to ask yourself how long you are willing to invest. If you will be needing to withdraw this money within the next 5 years or under, then a stocks and shares ISA probably isn’t for you. A cash ISA however, probably is. These are all the types of things you and your financial advisor will discuss to ensure you are doing the most appropriate thing with your money based on your individual circumstances.

You want to ensure that you can leave your money in for the long- run. Because the stock market has the ability to rise and fall, by leaving your money in longer, you will have more of a chance of making a return.

We can recommend investment options to suit your needs and your own attitude to risk. We work with a selection of investment providers who have different options to suit your needs. For more details on this, contact the financial advice team at St Barts Finance to book your consultation.

The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested.

HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be foreseen.

St Barts Finance LTD is an appointed representative of The Openwork Partnership Limited, which is authorised and regulated by the Financial Conduct Authority

All our Advisers are FCA regulated and fully qualified.

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We are part of one of the UK’s largest Financial Services Nerworks:

We are part of one of the UK’s largest Financial Services Nerworks:

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