Our work involves getting to the heart of the organisation, to understand the interaction between the financial objectives, liquidity, investments, spending and reserves. We can help you improve the relationship with your existing advisers by independently reviewing a range of options available to you. While Yoke doesn't act as an auditor, give legal advice or manage money, we understand these areas and know expert professional advisors and how they fit into this specialist charity world.
Strategic advice
Charities feel under pressure to review their investments on a periodic basis and often struggle to find an independent expert. We look at investments in a different way to most consultants by starting from the trustee's perspective and gaining a full understanding of their financial strategy. Only then can suitable investment decisions be made and implemented. In many cases this can be a simple reassessment rather than a full-blown review (which can be time consuming, unnecessary and expensive). We are regulated by the Financial Conduct Authority to give investment advice, regularly meeting a wide range of fund managers to carry out appropriate due diligence on behalf of our clients.
Investment advice
Investing responsibly in accordance with your charity’s mission is a growing need. How trustees approach this issue will depend on their understanding of what can be a complex decision. The lexicon of environmental, social and governance investing is confusing and there is no clear framework that will enable you to understand which responsible investing approach is right for your charity. We spend time to understand your priorities and how this reflects your charity’s values, and help you identify the most suitable investment solution.
Responsible investing
Managing a charity can be demanding and time consuming, especially in areas which are complex and technical. Ensuring the finances of your organisation are aligned with your financial objectives, that they are fully understood and agreed by all stakeholders is central to this. We help charities in a variety of ways by offering independent advice where it is needed to solve any financial problems you may have. Typical issues include relaxing the restrictions on permanent endowments, facilitating meetings, considering your charity’s lifespan, assessing your policies, and analysing the intergenerational split between current and future beneficiaries.
Ad hoc projects
We do not charge ad velorem fees and are completely transparent with our charges, working on a daily rate of £1,500 or hourly rate if applicable. We are very happy to discuss with you the work that needs to be undertaken at the outset and agree a fixed cost for your project or work.