Sole Traders
Straight-talking financial advice, so you can get on with life.
When you work for yourself, there’s no payslip, no pension, and no sick leave.
That means your money needs to work harder, and smarter. Whether it’s making sure you’ve set enough aside for tax, planning for time off or thinking further ahead towards retirement – you need an adviser to handle the stuff you don’t have time for.
The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
Why do sole traders need financial advice?
Running your own business has its perks, but it comes with more than a few headaches. You might be earning well, but are you putting enough away for the future? Is your tax sorted? What happens if you’re off work for a few months? These are the kind of questions we help answer.
With a solid plan in place, you’ll feel more in control so you can focus on running your business.
Helping you plan for what’s next
Some of the typical things we help sole traders with:
Budgeting and cashflow forecasting
Know exactly what’s coming in, what’s going out, and what’s left to work with.
Tax-efficient planning
Set the right money aside and make use of every allowance. No surprises, no scrambling in January.
Income protection
If you can’t work, you don’t earn. We’ll help you put a safety net in place.
Building a buffer
Make the quiet months easier to manage with a solid emergency fund.
Pensions and long-term planning
It’s never too late to start building for the future. Even small steps now make a big difference later.
Mortgages and borrowing
We’ll help present your income clearly, so self-employment doesn’t get in the way of your goals.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances.
Make your money work as hard as you do
We know you don’t have time for waffle or admin, so we keep our advice clear, practical and straight to the point – no jargon. Just a solid plan that fits around the life you’re building.
Why Luma?
A personal plan
A personal financial plan that makes sense for how you earn
All-round advice
Help with all the tricky bits — tax, retirement, protection and more
Ongoing support
Ongoing support as your business grows or changes
Straight-up advice
Straight-up advice from someone who understands self-employment
Meet our people
Meet our people
Our clients are real people, and so are we. Scroll through our team to meet the people who can build your financial plan. Not sure who might fit your requirements? Get in touch
