A Chesterfield company has opened up a new office in the town as part of its efforts to support clients and the wider community in its recovery from the coronavirus pandemic.

Sovereign Wealth want to help reassure people and local businesses who are concerned about the recent economic uncertainty caused by the virus, or those who have been hit hard financially.

Dominic Fallon, Partner of Sovereign Wealth LLP and founder of the Chesterfield branch said: “We’ve decided to focus our energy on where we feel we can help the most in the local community. At the moment, financial plans that may have seemed secure pre-Covid should be re-evaluated. Financial decisions made before March 2020 were not based on the current economic environment.

“Volatility in equity and financial markets are rightly causing concerns, and it’s important to understand any knock-on effects on pensions or other financial arrangements, and how to protect them.”

When life becomes unpredictable, it’s easy to feel out of control with finances, but it doesn’t have to be like that, says Dominic.

“One way to help yourself through this is to seek the best advice. We are bombarded by information daily about recessions and dips, and often these aren’t the things we need to be worrying about, but we do as they are at the forefront of our minds. One way to stay sane and stop worrying unnecessarily is to seek reliable, dependable advice, and getting to know the whole situation, not just now, but any long-term financial implications. This way, you can make an informed decision.”

“We’ve set up an office in Chesterfield so that we can work Covid securely; we have the correct distance requirements etc. Much safer in the current climate for our clients. But, we can also use Zoom for clients who can’t manage to get to the office.”

But Dominic’s aim to help the community doesn’t stop there. Working with other local businesses, Dominic and his team and working to give something back to the community of Chesterfield this Christmas.

“Everyone has struggled this year, whether it be financially or mentally, and we wanted to give something back. We are working with other local businesses to organise a food collection which will be distributed to local schools to pass on to any families who might struggle without school meals over the holiday period. If you have any food items to donate, please drop them to our office at Sovereign Wealth LLP 3 Old Road, Chesterfield S40 2RE. Give yourself the feel-good factor – there is no better feeling than doing good.”

If you’d like to sign up for Dominic’s top tips to keeping calm through the pandemic, you can email Dominic.Fallon@sjpp.co.uk