In this episode, Jonathan Gibson speaks with James Baker about the realities of long-term investing and the philosophy behind systematic portfolio management.

James shares insights from working with over 75 financial planning firms and explains why evidence-based investing continues to outperform emotional, prediction-driven decision making over time.

The conversation covers:

• The origins and philosophy of Albion Strategic Consulting
• Systematic vs active (judgmental) investing
• Why markets are difficult to consistently outperform
• The importance of diversification and risk management
• The role of small companies, value investing, and profitability factors
• Why investor behaviour is often the biggest risk
• The importance of sticking to a long-term financial plan

This episode is ideal for investors, financial planners, and anyone seeking a calmer, evidence-led approach to building wealth.

“Investing is simple, but not easy.”

“Diversification is your best friend in investing.”

“You haven’t lost anything until you sell.”

“Markets work pretty well — and that makes them incredibly difficult to outguess.”

“The best firms focus on the evidence and put clients at the centre of every decision.”

“Stick to the plan. Tune out the noise.”

“Time in the market matters more than timing the market.”

“Capitalism creates wealth — investing is simply participating in that growth.”

RISK WARNING

“Albion is not authorised by the Financial Conduct Authority to provide advice or to make arrangements in investments, or to carry out any other regulated activity. The views shared in this recording reflect general observations only and should not be interpreted as guidance for end investors or financial advice in any capacity. Any investment decisions should be made solely in consultation with a qualified and regulated financial adviser.”

Find all our useful links on our LinkTree - https://linktr.ee/jonathangibson

And why not visit us at: https://www.wellsgibson.uk/

And get a copy of the book, Purposeful Wealth here: https://amzn.eu/d/0i7wWgJy

In this episode, Jonathan Gibson is joined by Jacqueline “Jackie” Lockie, a highly respected figure who has helped shape the financial planning profession in the UK over several decades.

Together, they explore how financial planning has evolved—from the introduction of the Retail Distribution Review (RDR) and fee transparency, to the rise of cashflow modelling and behavioural finance. Jackie shares how these changes have transformed the client experience, helping people better understand their finances and make more informed decisions.

The conversation dives deep into what truly defines great financial planning. It’s not about products—it’s about people. Jackie highlights the importance of understanding clients’ life stories, beliefs about money, and long-term goals, showing how meaningful advice goes far beyond numbers.

They also discuss:

• The difference between good and truly great financial planners
• Why client behaviour and engagement matter more than market performance
• Common mistakes people make with money—and how to avoid them
• How to choose the right financial planner and what questions to ask
• The importance of professional standards and qualifications

As Jackie approaches retirement herself, she offers thoughtful reflections on what a “good retirement” really looks like—emphasizing identity, purpose, and giving yourself time to adjust, rather than rushing to fill every moment.

Key Quotes from this episode:
“You can’t put a price on financial peace of mind.”
“A truly great financial planner starts with your life, not your money.”
“We don’t know what we don’t know—and that’s why good advice matters.”
“The clients who get the best outcomes are the ones who engage.”
“Don’t let anyone else define what retirement looks like for you.”

Find all our useful links on our LinkTree - https://linktr.ee/jonathangibson

And why not visit us at: https://www.wellsgibson.uk/

And get a copy of the book, Purposeful Wealth here: https://amzn.eu/d/0i7wWgJy

Estate planning is about far more than passing on wealth — it’s about protecting your family, preserving your legacy, and ensuring your wishes are carried out with clarity and certainty.

In this episode of the Purposeful Wealth Podcast, Jonathan Gibson is joined by Chris Gardiner of Thorntons Solicitors, a specialist in estate planning for UK families, entrepreneurs, and business owners.

Together, they explore the key pillars of effective estate planning, including how to reduce inheritance tax, why wills and powers of attorney are essential, and how families can successfully pass wealth to the next generation.

They also discuss the real-world challenges families face — from changes in UK tax rules to rising asset values and later-life care — and explain why early planning and open family communication are critical.

Whether you’ve already built significant wealth or are just starting to think about your legacy, this episode offers practical insights to help you take control of your future.

What we cover in this episode:

• Why estate planning is about more than just tax — it’s about control, clarity, and protecting your family
• The risks of not having a will or power of attorney in place
• How inheritance tax works in the UK and why more families are being affected
• The impact of frozen tax thresholds and rising asset values
• How gifting and the “7-year rule” can reduce inheritance tax
• The role of trusts and family investment companies in long-term planning
• Why business owners need to think carefully about succession and tax exposure
• What happens if you lose mental capacity without a plan in place
• The realities of funding long-term care and common misconceptions
• How intestacy rules can create unintended outcomes for families
• When and why you should review your will
• The importance of family communication and preparing the next generation
• How tools like family charters and prenuptial agreements can help protect wealth

Key Takeaways:

• Estate planning should start with the basics: a will and a power of attorney
• Planning early creates more opportunities to reduce tax and protect assets
• Without a plan, your estate is distributed according to outdated legal rules
• Open communication between generations is essential for successful wealth transfer
• Good planning provides peace of mind — not just financially, but emotionally for families

Who this episode is for:

• Business owners and entrepreneurs
• Families with growing or significant assets
• Anyone concerned about inheritance tax or passing wealth efficiently
• Individuals who haven’t yet created a will or power of attorney

Find all our useful links on our LinkTree - https://linktr.ee/jonathangibson

And why not visit us at: https://www.wellsgibson.uk/

And get a copy of the book, Purposeful Wealth here: https://amzn.eu/d/0i7wWgJy