July Wealth Briefing from Raymond James, Hitchin

As summer arrives in Hitchin and across Hertfordshire, many of us naturally begin to slow down, spend more time with family and take stock of the year so far.

For our clients, this often becomes a moment for wider reflection too. Are plans still on track? Is wealth structured as efficiently as it could be? Are investment decisions still aligned with long-term goals rather than short-term headlines?

The economic backdrop remains complex. Inflation is still proving more persistent than many expected, interest rates remain higher than the ultra-low levels investors became used to, and global events continue to influence market sentiment. At the same time, many families are reviewing what wealth means beyond investment performance alone, considering legacy, retirement, tax efficiency and how best to support the next generation.

This month, we are sharing three deeper insights written for individuals, families and business owners who want to think more strategically about their wealth.

Market Insight: Why 2026 Is Testing Investor Discipline

The first half of 2026 has reminded investors that markets rarely move in straight lines.

With interest rates still elevated, inflation above the Bank of England’s long-term target and geopolitical uncertainty affecting energy prices and global confidence, many investors are asking whether their portfolios remain positioned appropriately.

In our latest article, we explore why discipline, diversification and perspective remain essential for long-term investors, particularly those with significant assets to protect. To explore this further, click the button below:

Legacy Planning: Passing on Wealth in a More Complex Tax Landscape

For many successful families, wealth planning is no longer simply about building assets. Increasingly, the bigger question is how wealth can be passed on thoughtfully, efficiently and in a way that reflects family values.

With changes to pensions, Business Relief and Agricultural Property Relief now firmly part of the planning conversation, families with substantial estates, businesses or land interests may need to revisit existing arrangements. Our latest article looks at why legacy planning should be a living conversation, not a one-off exercise. You can read the full article on the button below:

Cash, Inflation and Opportunity Cost: Is Your Wealth Working Hard Enough?

Holding cash can feel reassuring, particularly during uncertain times. But for affluent individuals and families, holding too much in cash for too long can quietly erode wealth.

In this article, we look at the role cash should play in a wider financial plan, why inflation matters, and how investors can think more strategically about liquidity, risk and long-term growth.

Read the full article by clicking the button below:

A conversation worth having

In the current environment, many clients are taking the opportunity to review:

• whether their portfolios remain aligned with long-term goals
• how much liquidity they realistically require
• and whether their financial structures continue supporting the lifestyle they want today and in the future

If you are a current client and would like to discuss your position or explore your long-term planning further, we would be delighted to have a conversation.

Due to incredibly high demand for our services, and our commitment to our existing clients, sadly we do not have the capacity to take on new clients at present.

We will review our capacity later in the year and hope to reopen our books.

Warmest wishes,

Faye & Susie

Important notice: Past performance is not a reliable guide to the future. The value of investments and the income from them can go down as well as up. The value of tax reliefs depends upon individual circumstances and tax rules may change.

The FCA does not regulate tax advice. This client letter is provided strictly for general consideration only. No action must be taken or refrained from based on its contents alone. Accordingly, no responsibility can be assumed for any loss occasioned in connection with the content hereof and any such action or inaction. Professional advice is necessary for every case.

Disclaimers: The information contained in this client letter is for general consideration only and is subject to change dependent on specific legal implementation. Tax treatment depends on individual circumstances and may also change in the future.

You should not take, or refrain from taking, action based on its content and no part of this document should be relied upon or construed as any form of advice or personal recommendation. Accordingly, Raymond James has no responsibility whatsoever for all and any losses that may result from such action or inaction and it is essential that professional advice is taken. If you have any questions, please speak to your wealth manager in the first instance.

With investing your capital is at risk.