Growing Families
Building financial security for the people who matter most.
From planning for school fees to protecting your income and lifestyle, we’re here to help you grow and manage your wealth with your family’s future in mind.
Why do families need financial advice?
Family life moves fast, and your finances need to keep up. Whether you're saving for a child’s education, planning to move house, or want to make sure your family is protected if life takes an unexpected turn, it helps to have an adviser to steer you through decisions that that shape your future.
A dedicated adviser helps you look ahead and make smart decisions, so your finances support the life you want to build, for yourself and the people who rely on you.
Plan today, protect tomorrow
It’s not just about income and expenses; it’s about ensuring your money is working towards the life you want for your family. That means planning for the expected whist being ready for any curveballs that may come your way. We can help you put strong foundations in place for the future.
Helping you plan for what’s next
Some of the typical things we help families with:
Saving for school fees or university costs
Protecting your income and loved ones with the right cover
Navigating the child benefit cap taper when your income exceeds £60,000
Moving to a bigger home or relocating
Building long-term wealth for your children’s future
Creating a family-friendly plan for inheritance or gifting.
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.
Advice that grows with you
As your family changes, so do your priorities. Whether you're welcoming a new baby or supporting adult children, we tailor our advice to your changing needs, always with clarity and empathy.
Why Luma?
Grounded. Practical.
A financial plan built around your family’s real-world needs
Tailored. Personal.
Advice that revolves around you, not a one-size-fits-all solution
Protect. Grow.
Protection, planning and investment planning all under one roof.
Financial tools families should consider
1. Junior ISA (JISA)
A tax-efficient way for parents and grandparents to save for your child’s future whether it’s university, their first car or a first home. The money is locked away until they’re 18, giving it time to grow. Although anyone can contribute to an ISA for a child only the parent/legal guardian can open the ISA for them.
2. Child’s Pension
Starting a pension for your child early means they will benefit from decades of compound growth. Even small contributions now could mean a big head start later.
3. Life Insurance
Provides financial protection for your family if the unexpected happens. Ensures your loved ones can cover essential costs like the mortgage, childcare or education.
4. Income Protection
Can replace a portion of your income if illness or injury stops you from working. Important for families relying on one or two main earners.
5. Critical Illness Cover
Pays out a lump sum if you’re diagnosed with a specified serious illness, giving your family a financial cushion when you need it most.
6. Trusts
Help you manage and protect assets for children or dependents, and control how and when money is accessed.
7. Wills & Powers of Attorney
Essential legal tools to protect your family’s financial future, making sure your wishes are clear and trusted people can act if needed.
8. Pensions (for you)
Still one of the most tax-efficient ways to build wealth, ensuring you’re not just planning for your children’s future, but your own too.
9. ISAs
Flexible, tax-efficient savings vehicles perfect for medium-term family goals like school fees, renovations, or travel.
10. Gifting Strategies
Make use of annual gift allowances to pass on wealth tax-efficiently, helping support children or grandchildren during your lifetime, without triggering Inheritance Tax.
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 and are generally dependent on individual circumstances.
Will writing and Powers of Attorney involve the referral to a service which is separate and distinct to those offered by St. James's Place and along with Trusts are not regulated by the Financial Conduct Authority.
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
