FAQs

Yes. Bloom offers totally independent, whole-of-market financial advice, giving you clear options and recommendations that are built around your circumstances. You can learn more about Bloom’s independent approach before getting in touch.

Yes. Bloom Financial Consulting Limited is authorised and regulated by the Financial Conduct Authority, with Financial Services Register number 988707.

Yes. Bloom is flexible, so your meetings can be held virtually or face to face depending on your circumstances and what feels most comfortable for you. You can start the conversation through Contact us when you are ready.

Face-to-face meetings are typically held at Bloom’s office, at your home address, or at Soho House or Soho Works. The team will agree the most suitable option with you in advance. You can discuss the right meeting option through Contact us before booking.

Yes. Bloom has parking available at its office, so please let the team know when arranging your visit if you plan to drive. You can find Bloom’s contact details on Contact us before your visit.

Bloom launched in April 2024. Since then, the team has been helping clients make confident decisions with a fresh, human approach to financial planning. You can read more about Bloom’s fresh approach and what the team stands for.

Bloom is primarily based in North London, St Albans, Milton Keynes, Northampton and Manchester. The team is happy to work with clients anywhere in the UK and already supports clients across the country. You can explore the people Bloom supports on Who we work with for more context.

Yes. Both of Bloom’s financial advisers hold Chartered adviser status, reflecting their expertise and commitment to high professional standards. You can meet Bloom’s Chartered Financial Planners on Meet us before getting in touch.

Yes. Bloom has a selection of client video testimonials, Google Business reviews and Top Rated VouchedFor profiles for both financial advisers. You can hear directly from Bloom’s clients on Client Stories to see their experiences.

Bloom offers a human approach to financial advice that goes beyond the numbers. As a modern business with a fresh approach to financial planning, Bloom’s mission is to help you cultivate financial wellbeing. You can discover more about Bloom’s difference on Why us? before deciding whether it feels right for you.

Bloom’s Financial Services Register number is 988707. You can use this number to check Bloom’s authorisation on the FCA register.

Bloom works with clients across the UK. A large portion of clients are based in London, North London, St Albans, Milton Keynes, Northampton and Manchester. You can see more about the people Bloom supports on Who we work with for further context.

No. Bloom does not advise on mortgages, although the team can coordinate with your mortgage adviser if they need information from Bloom.

No. Bloom does not advise on equity release.

Yes. Bloom can advise on personal pensions as part of a broader financial planning strategy. You can explore pension planning for people Approaching retirement if this is your next stage.

Yes. Bloom can advise on occupational pensions and help you understand how they fit into your wider financial plan. You can learn more about retirement planning on Approaching retirement as you plan ahead.

Yes. Bloom can help you review and consolidate multiple pensions where this is suitable for your circumstances and objectives. You can see how Bloom helps you plan for retirement on Approaching retirement as you get closer to that milestone.

Yes. Bloom can help you plan how to take your pension tax-efficiently, taking your wider financial position and retirement goals into account. You can explore common retirement questions on Approaching retirement before making decisions.

Yes. Bloom can help with ethical or sustainable investing as part of your investment and financial planning strategy. You can learn more about planning for your future on Saving for the future as your goals develop.

Yes. Bloom can help you invest an inheritance in a way that reflects your needs, goals and wider circumstances. You can explore support for your next financial step on Saving for the future when you are ready to plan ahead.

Yes. Bloom can advise on self-invested personal pensions where they are appropriate for your circumstances. You can read more about retirement planning on Approaching retirement before making pension decisions.

No. Bloom does not advise on final salary or defined benefit transfers.

No. Bloom does not offer advice on long-term care or later-life planning.

Yes. Bloom can help with Inheritance Tax planning and estate planning as part of a wider financial planning approach. You can see how Bloom supports clients who are Enjoying retirement as part of wider planning.

Yes. Bloom can advise on investments such as ISAs and how they fit into your wider financial plan. You can explore planning and investment support on Saving for the future for more context.

Yes. Bloom can advise on protection, including life insurance, critical illness cover and income replacement, helping you put suitable cover in place for your circumstances. You can see how Bloom supports families who are Saving for the future when protection is part of the conversation.

Yes. Bloom offers a Discovery Meeting at no cost to you, giving you the chance to discuss your circumstances and decide whether working together feels right. You can learn where the complimentary Discovery Meeting sits within Our 4-stage approach before booking.

Bloom’s fees vary depending on your circumstances and the work involved. Typically, Bloom charges a percentage fee for ongoing financial advice. You can read how Bloom discusses costs during Our 4-stage approach before you commit.

Bloom’s fees vary depending on your circumstances. The typical minimum fee for providing initial advice is £4,000. You can discuss fees during your Discovery Meeting before deciding whether to proceed.

Bloom’s strategy fees typically range from £1,000 to £2,000. The exact fee will depend on your circumstances and the work required. You can see when costs are discussed in Our 4-stage approach before any advice work begins.

Bloom typically uses a combination of fixed fees and percentage-based fees, depending on your circumstances. The team will explain the relevant costs before you decide whether to proceed. You can see how fees are explained during Our 4-stage approach before moving ahead.

Bloom does not receive commission for financial planning and investment advice. The exception noted is that Bloom does receive commission from insurance policies.

No. Bloom does not charge VAT.

Bloom aims to provide top-quality personal service with competitive fees. The team will discuss the costs with you clearly, so you can understand the value of the service before committing. You can talk through fees at your Discovery Meeting before making a decision.

Bloom will discuss fees during the initial Discovery Meeting. This means you can understand the likely costs before deciding whether you would like to work together. You can see when fees are discussed on Our 4-stage approach before committing to work together.

Bloom typically aims to recommend investments that are protected by the Financial Services Compensation Scheme. The team can explain how protection applies to any recommended arrangements as part of the advice process.

If something goes wrong or you have a complaint, Bloom will assist you in line with its complaints procedure. The team will explain the process and what happens next.

Bloom follows a range of security measures to protect the security of your personal data. This helps keep your information safe throughout the advice process and ongoing relationship.

Yes. Bloom is insured to give financial advice.

You can check Bloom’s registration and authorisation on the FCA register. Bloom’s Financial Services Register number is 988707.

Yes. Bloom has client video testimonials that share client experiences in their own words. You can read Bloom’s Client Stories to hear real client experiences.

Bloom primarily measures client satisfaction through client testimonials, listening to clients and welcoming feedback. This helps the team understand what is working well and where the client experience can keep improving. You can hear from clients on Client Stories to understand their experience of working with Bloom.

Yes. Both Bloom financial advisers have been listed as Top Rated Financial Advisers in The Times and The Telegraph. You can meet Bloom’s financial advisers on Meet us before arranging a conversation.

Yes. Both Bloom financial advisers are listed as Top Rated Financial Advisers on VouchedFor. You can meet Bloom’s financial advisers on Meet us before arranging a conversation.

Yes. Bloom can help you understand whether early retirement is achievable and how your finances could support the lifestyle you want. You can explore retirement planning on Approaching retirement to see how Bloom supports this stage.

Yes. Bloom can help you plan for retirement by reviewing your financial position, goals and future aspirations. You can start with Bloom’s retirement guidance for people Approaching retirement if retirement is on the horizon.

Bloom typically works with high-net-worth individuals, couples and families, as well as business owners. The team builds bespoke financial planning strategies around each client’s life and goals. You can explore the people Bloom supports on Who we work with for more context.

Yes. Bloom works with younger clients who are still building wealth and planning for the years ahead. You can see how Bloom helps people Saving for the future as they build wealth.

Yes. Bloom works with both company directors and self-employed clients, helping connect business and personal financial planning. You can read more about support for Business owners if your business and personal finances are linked.

Yes. Bloom works with clients who are approaching retirement and those who are already retired, helping them plan and review their finances with confidence. You can explore planning for people Approaching retirement if this stage is relevant to you.

Yes. Bloom can help clients who have inherited money decide how best to manage, invest or plan with it based on their circumstances. You can see how Bloom can support your next step on Saving for the future when you are ready to plan ahead.

Yes. Bloom can help clients who have sold, or are in the process of selling, a business. The team can help you consider how your business proceeds fit into your wider personal financial plan. You can learn more about advice for Business owners if a sale is part of your wider plan.

Yes. Bloom can help clients manage their finances after a bereavement, providing supportive guidance at a difficult time. You can get in touch through Contact us when you feel ready to talk.

Yes. Bloom works with business owners, retirees and professionals, building financial plans that reflect each client’s circumstances and goals. You can explore Bloom’s client groups on Who we work with to see whether the service feels right.

No. Bloom only provides advice to UK residents.

Yes. Bloom can help if you already have investments or pensions elsewhere, reviewing how they fit with your wider financial position and objectives. You can see how Bloom reviews existing arrangements in Our 4-stage approach before making recommendations.

Yes, there is typically a minimum level to become a client. Bloom will discuss this with you during your initial conversation so you can understand whether the service is the right fit. You can learn more on Our 4-stage approach before getting started.

You can book an initial meeting by using Bloom’s contact form, calling the office or emailing hello@bloomfinancialconsulting.co.uk. The team will then arrange a time to understand your situation and whether Bloom is the right fit. You can book your initial conversation through Contact us when you are ready.

No. Bloom offers a Discovery Meeting at no cost to you, so the team can understand your priorities and both sides can decide whether working together is a good fit. You can see where the Discovery Meeting fits within Our 4-stage approach before you begin.

Before your Discovery Meeting, Bloom will ask you to complete a few documents. These include an online fact-find, an online attitude to risk questionnaire and Bloom’s privacy notice. You can see how the process starts on Our 4-stage approach before your meeting.

In the first meeting, Bloom will discuss your priorities, objectives, broader financial position and future aspirations. The team will also talk you through the next steps, so you know what to expect before making any decisions. You can read about the full process on Our 4-stage approach before getting started.

You should typically allow 60 to 90 minutes for an initial meeting. The exact length will depend on the complexity of your circumstances and the areas you want to discuss.

No. At the end of the initial meeting, Bloom will discuss the next steps with you, but it is your choice whether you would like to proceed. You can see how Bloom’s no-pressure process works within Our 4-stage approach before you decide.

No. Bloom does not currently have a female financial adviser, but you will be supported by a friendly, dedicated team throughout your relationship with the firm. You can meet the wider Bloom team on Meet us before arranging a conversation.

If your financial adviser is away, Bloom’s friendly and dedicated team will continue to provide the same level of service. You can still contact the team and receive support while your adviser is off work. You can get to know the Bloom team on Meet us before contacting the firm.

Bloom has a number of service levels, but typically clients have review meetings once or twice a year. There are also additional touchpoints through Microsoft Teams, phone calls and emails. You can see how Bloom’s long-term service fits into Our 4-stage approach for ongoing support.

Yes. Cashflow planning is an important part of Bloom’s proposition and forms part of the advice process for most clients. You can see how planning supports your journey on Saving for the future if you are building wealth.

If you are an ongoing client, Bloom will regularly review changes to your financial position. Your strategy can then be updated so it continues to reflect your life, goals and priorities. You can read how regular reviews work within Our 4-stage approach as your plans evolve.

Yes. Bloom welcomes the opportunity to meet and work alongside your accountant, tax adviser or solicitor, helping keep your wider professional support aligned. You can see Bloom’s joined-up approach for Business owners if you need professional support around you.

Yes. Bloom can coordinate with your mortgage adviser if they need information from the team.

If your financial adviser leaves the business, Bloom’s friendly and dedicated team will continue to provide the same level of service. Bloom believes clients should get to know the whole team over time, so support is not dependent on one person alone. You can meet the people behind Bloom on Meet us before becoming a client.

No. Bloom’s financial plans are bespoke for every client, so they can differ significantly depending on your circumstances. The team will typically present a draft financial strategy at the second meeting, which is often an eye-opener for clients. You can see how your strategy takes shape in Our 4-stage approach before recommendations are made.

Yes. Clients are typically able to log in and view the value of their investments online.

No. Bloom does not currently provide an online portal for clients to view their investments.

Bloom has a number of service levels, but clients typically meet for review meetings once or twice a year. You can also expect additional touchpoints through Microsoft Teams, phone calls and emails. You can learn more about Bloom’s review service within Our 4-stage approach for ongoing planning.