Dominic Thomas is the founder and Principal of Solomon’s. He has now been advising clients for 20 years. He formed the company in 1999. At the time we were one of only a handful of IFAs operating on a proper fee system.
"I enjoy working in a genuine partnership with clients, discovering their goals and values whilst helping them on their journey towards a more purposeful well lived life. It is a privilege to be intimately engaged with people that want to accomplish great things."
We are a dynamic small firm that has always operated on a fee system. The new rules from the Financial Services Authority require all advisers to charge proper fees from 2013, meaning that we were nearly 14 years ahead of our time, with a wealth of experience that other firms simply don’t have.
From the very beginning, we removed commission from protection products and created a “level playing field” for investments, charging the same fixed % across all new investments. It is easy to forget how radical this idea was at the time and how much money our clients have saved as a consequence.
In 2002 we introduced retainer fees for our services, largely due to client suggestions for spreading fees over a year. A by-product (after a year) is that this helps us to have a predictable income, providing additional financial stability to our own business growth.
We have gradually grown since 1999, but always held to the principles of transparency, integrity and accountability in dealing with both clients and those within our industry. Our approach has always been to treat our clients fairly and we are delighted that the industry regulators (Financial Services Authority) have made this the platform for regulation. So we regard ourselves as pioneers.
Our growth has been primarily due to clients recommending friends, family and colleagues, which is of course the very highest testimony. email me
Our Team
“I have recruited a great team of people, who I value enormously. We are gradually growing the business and enhancing our services. Clearly professionalism and confidentiality are vital requirements for all our staff, however I also place great emphasis on honesty. None of us are perfect and when mistakes are made these are quickly clarified and resolved.”
We believe that our clients want impartial advice and that this is only possible to achieve by providing advice for a fee rather than a commission, much like any other professional. We are seeking long-term client relationships, built upon mutual trust, enabling us to create and provide a valuable service.
“I’ve been asked why I chose the name for the company – most IFAs tend to use their own name. The firm was named after King Solomon, (allegedly the wisest person on earth at the time) who understood the value of wisdom when helping to guide others, choosing wisdom above wealth, power and happiness."
Email Recruitment for current job opportunities with Solomon’s.
