Kevin Hughes
Financial Advisor
Profile Summary
I am the co-founder of Westminster Wealth Management, one of London’s largest Chartered independent financial planning firms. Since establishing the business in 2000, we have grown to a team of over 50 advisers and 100 support staff, collectively managing more than £2 billion of client assets. We work predominantly with families, as well as trusts, businesses, and charities, delivering high-quality, independent financial advice. As both a Chartered Financial Planner and Chartered Wealth Manager with over 35 years of experience, I specialise in creating clear, personalised financial strategies that help clients make confident decisions about their future. My expertise includes tax-efficient investing, estate planning, portfolio management, and wealth preservation, particularly in complex financial situations. My focus is always on helping you achieve your financial goals while providing reassurance and clarity. I believe advice should be straightforward, free from jargon, and delivered with a commitment to exceptional service. Our first meeting is a relaxed, no-obligation conversation to understand your goals and explore how your financial plan could take shape.
Investment & Financial Services Offered
Investments and Savings
I provide advice to help you make the most of your savings through tailored investment strategies aligned with your goals and attitude to risk. This can include a diversified range of options such as equities, funds, and bonds, designed to support long-term growth.
Pensions
I help you plan for a comfortable retirement, whether you are starting a pension, reviewing existing arrangements, or assessing how much you should be contributing to meet your future goals.
Mortgages
From purchasing your first home to remortgaging or financing property investments, I offer guidance to help you make informed decisions around property borrowing.
Retirement Income (Annuities and Drawdown)
I provide support in understanding your retirement income options, including comparing annuities and drawdown, to help you choose the most suitable approach for your circumstances.
Pension Transfers – Non-Specialist
I offer advice on transferring non-specialist pensions, such as standard personal pensions or workplace pensions funded solely by regular contributions from you and your employer (excluding defined benefit pensions).
Inheritance Planning
I assist with planning how to pass on your wealth efficiently, understanding inheritance tax implications, and managing or accessing an inheritance you have received.
Investment Philosophy & Approach
My investment philosophy is built on clarity, discipline, and a long-term perspective. I believe successful financial planning begins with a clear understanding of your personal objectives, time horizons, and attitude to risk. Every strategy I develop is tailored to your individual circumstances, ensuring your investments are aligned with both your financial goals and your comfort level. I take a diversified approach to investing, using a broad range of asset classes and tax-efficient solutions where appropriate. Rather than attempting to predict short-term market movements, my focus is on constructing well-balanced portfolios designed to deliver sustainable growth while managing risk across different market conditions. Ongoing reviews are a key part of my approach. As your circumstances evolve and markets change, your strategy should adapt accordingly. My role is to provide structure, informed guidance, and reassurance, helping you stay focused on your long-term objectives while protecting and preserving your wealth.
Fees & Charging Structure
Kevin’s fees are tailored to each client, reflecting the level of advice, complexity, and services required. Before any work begins, all costs are clearly explained and agreed with you, ensuring full transparency and no unexpected charges. For investment and pension advice, fees are typically based on a percentage of the amount invested or transferred. This usually ranges between 1% and 3% of the funds, depending on the size of the investment. If you choose to receive ongoing advice and regular reviews, there may be an additional annual fee, generally between 0.5% and 1% per year. In some cases, advice may instead be provided on an hourly rate, a fixed project fee, or a combination of fee types, depending on your needs. Any fees are only applied with your explicit agreement and are often deducted directly from your investment or pension plan for convenience. Importantly, financial advisers have not been permitted to receive commission from investment or pension providers since 2012. This means Kevin is paid solely by his clients, helping to ensure advice remains independent and focused on your best interests.
Areas Served
United Kingdom nationwide, Willing to travel to meet clients up to 20 miles from EC4Y 1HY.
Frequently Asked Questions
How do I know what type of financial advice I need?
The first meeting is designed to understand your goals, financial position, and future plans. From there, clear recommendations are made based on what is most suitable for your circumstances.
Are your fees paid through commission?
No. Advisers cannot receive commission on investment or pension advice. All fees are agreed directly with you, ensuring transparency and independent advice.
Do I need a large amount of money to get financial advice?
Not necessarily. Advice is tailored to your individual situation, whether you are building wealth, planning retirement, or managing existing assets.
How often will my financial plan be reviewed?
If you opt for ongoing advice, your plan is reviewed regularly to ensure it remains aligned with your goals and adapts to life changes, market conditions, and legislation updates.
Can you help with retirement income options?
Yes. Guidance is provided on options such as annuities, drawdown, and other retirement income strategies to help you make informed decisions.
Is the first meeting free?
The initial meeting is typically an opportunity to discuss your needs and objectives, understand how advice can help, and decide whether to move forward, with no obligation.