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Founded in 1985, Philip J Milton & Company was incorporated in 1996 as a public limited company (Plc) with an authorised share capital of £1 Million.

We are delighted and proud to offer a fully independent financial and investment planning service and we advise upon all aspects of clients’ financial affairs. The Company continues to expand its operations and also offers an Accountancy and Taxation service along with a Will Writing, Trusts, Estates and Probate Department.

The Company is authorised and regulated by the Financial Services Authority (FSA) and is one of the largest and longest established Independent Financial Advisers in North Devon. We are regulated at one of the highest available categories, being one of a very few authorised to undertake discretionary investment management and to hold client money. Consequently, we are required to maintain sizeable and very strict financial resources at all times. The Company’s accounts are subject to thorough independent audit and full accounts are published and submitted to the FSA regularly. Also, the Financial Ombudsman Service and Financial Services’ Compensation Scheme apply to enhance investor protection against financial loss.

With well over two decades of experience, we also boast some of the highest financial services’ qualifications in the country. Staff are encouraged and sponsored to achieve qualifications beyond the industry standard to ensure that we continue to deliver an excellent service to clients.

Success can be attributed largely to the Company’s uncompromising commitment to clients, including ongoing assessment and management of investments, a thorough understanding of financial markets, prudent management and long-term financial stability.

We do not “sell products” - we provide a comprehensive and long-lasting service to individuals and their families. This is an important distinction and an approach that is rare in today’s fast moving landscape.

This has led to many clients recommending family and friends to seek our advice - the ultimate endorsement of the quality of our services.

 

8 May 2012

Intestacy Rules

Many believe that upon death their estate will pass directly to their spouse. However, without a valid Will in place the laws of intestacy pass the first £250,000 of an individuals estate to their spouse outright (this figure increases to £450,000 if the couple do not have children). Half the remainder is placed in Trust with the spouse being entitled to interest only. For those who hold their properties as tenants in common their half share of the house is included in the £250,000.

In addition to your Will it is important to ensure that any life policies and pension plans are written into Trust and the appropriate beneficiaries named. Otherwise these may also form part of your estate upon death.

At Philip J Milton & Company we are pleased to offer a professional will writing service which works together with our advice service to ensure your loved ones are provided for should the worst happen. Please do telephone the office for further details.

 
 

 

Risk Warning - Stockmarket investments can offer income through the payment of dividends and interest and good opportunities for capital appreciation over the longer term. By this, generally we mean periods in excess of five years, preferably much longer. However, we can never promise you particular returns, especially in the short-term. At any point in time but especially in the short term, your capital could be worth less than the original amount invested as some of the selected holdings may fall in value, regardless of expectations at the time of acquisition. We may also invest in funds that hold overseas securities. The value of these investments may increase or decrease as a result of changes in currency exchange rates. Returns achieved in the past cannot be relied upon to be repeated.Your home may be at risk if you fail to maintain your mortgage interest and capital repayments or those of any loans secured upon it.

Stock Market Data - All Stock Market Data on this site is provided courtesy in conjuction with DigitalLook.com). Please note that the data is for your general information and enjoys indicative status only. Philip J Milton & Co Plc, the BBC nor Digital Look accept any responsibility for its accuracy or for any use to which it may be put. All share prices and market indexes delayed at least 15 minutes. 52 week high and low values are calculated from close price data. Past performance is not necessarily a guide to future performance.

Philip J Milton & Company Plc is authorised and regulated by the Financial Services Authority.
Philip J Milton & Company Plc is entered on the FSA register (http://www.fsa.gov.uk/register) under reference: 181768.
Registered Office: Sterling House, 17 Joy Street, Barnstaple, Devon EX31 1HE
Incorporated in England number 3233275.
A list of the Directors is available from the registered office
Copyright © Philip J Milton & Company Plc - 2012