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Philip Dragoumis

Director and Owner
Thera Wealth Management
I have worked in financial services for over twenty five years, formerly advising institutions at investment banks such as HSBC and Merrill Lynch, and for the past eight years I have been advising private clients in the UK and internationally. I am director, owner of Thera Wealth Management and am a CFP professional, as well as having completed a Masters in Finance at London Business School.

Media Coverage

FT Adviser

Should clients be investing directly in private markets?

Retail investors will be given access to private markets on Hargreaves Lansdown’s platform next week, but advisers have raised concerns about clients investing directly in these markets.

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FTAdviser

We are not trying to ‘elbow human advisers off the stage’

Laura Cornely has stressed she is not trying to “elbow human advisers off the stage” after some were sceptical about her new app, which looks to

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Lancs Live

ISA savers warned as Rachel Reeves ‘looks at new cash limit’

There are rumours that Chancellor Rachel Reeves could change ISA rules next year

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Coventry Live

Loophole could let Brits keep £20,000 ISA allowance amid Labour shake-up

Chancellor Rachel Reeves is said to be considering slashing the tax-free amount workers can save in a cash ISA from the current £20,000 limit to as little as £4,000

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Express.co.uk

‘Proxy’ ISAs could be launched to allow savers to keep their £20,000 cash limit

EXCLUSIVE As Chancellor of the Exchequer Rachel Reeves reportedly considers reducing the cash ISA’s tax-free allowance, one expert has predicted an unintended consequence.

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Moneyweek

Where should cautious investors put their money with £80 billion of short-dated gilts set to mature?

Gilt yields have increased in recent months but what is the best way to play the bond market?

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FTAdviser

‘We don’t run portfolios on this basis’: Advisers refuse to time bonds market

Fund managers see opportunity in the volatile bond markets of late but advisers are less keen to adjust their portfolios to capitalise on them.

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The Independent

Experts share their tips for improving your finances without earning more

Personal finances can be improved through steps such as budgeting, building savings, insurance and pensions

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FTAdviser

‘Tamer than expected’: Advisers react to Budget

Advisers have reacted to yesterday's Budget by saying while it was tamer than expected, they anticipate it to have a big impact on estate planning and to be painful for investors and businesses.

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FTAdviser

Does it pay to be certified?

Are certified financial planners happier and do they earn more? The CFP Board certainly thinks so.

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Manchester Evening News

Changes to ISAs sparks £5000 warning after Labour abandons ‘silly’ scheme

ISA savers who were looking forward to using the ‘£5000 allowance’ to invest in British companies will be disappointed after Labour scrapped the ‘unworkable’ scheme

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FTAdviser

Advisers urge clients to keep calm as markets tumble

Advisers are telling their clients to keep calm in the face of global stock markets falling and fears of a US recession.

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The Scotsman

Black Monday: What the current stock market turbulence means for your savings and investments

The FTSE 100 plunged in early trading today after an expected global stock market rout started overnight, with Japan's Nikkei 225 index suffering its worst day since 1987.

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Moneyweek

Is it time to dump global trackers as portfolios become more concentrated?

The traditional mantra of relying on a global tracker is under threat as risky technology stocks dominate funds – how should you invest?

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FTAdviser

Advisers mixed on emerging markets allocation

Advisers are mixed on their allocation plans for emerging markets, according to the latest FT Adviser poll for Talking Point.

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The Intermediary

“Waiting for US to cut rates first risks destroying UK economy” – brokers

Newspage asked a selection of financial services experts how they would you rate the Bank of England’s performance over the past two to three years

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FTAdviser

Half of advisers to increase allocation to private assets

Half of financial advisers are looking to increase their allocation to private assets over the next 12 months, according to the latest FT Adviser poll for Talking Point.

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FT Adviser

Bond market is ‘attractive’, even if risky

Now is the most attractive entry point to the bond market “in a lifetime”, investment advisers have said, as yields push record highs.

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The Intermediary

“Trussonomics wasn’t entirely bonkers after all” - experts share their views

Free UK news agency, Newspage, sought the views of financial services experts and business owners on whether Liz Truss’s headline policy of ultra-low corporation tax rates, like Ireland, could have benefitted...

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Introducer Today

Interest rates WILL go up next week … and maybe after that

Interest rates WILL go up next week … and maybe after that

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Pensions Expert

Still unloved: Annuities struggle to shake off their inflexible reputation

At least a fifth of savers do not believe annuities offer good value, despite rates being at a near 14-year high, a survey has revealed.

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FTAdviser

Your view: the role of corporate bonds in a 60/40 portfolio

The role of corporate bonds in a 60/40 portfolio is a challenge for investors, according to the latest FTAdviser poll for Talking Point.

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IFA Magazine

US CPI lower than expected at 5% - could allow “Bank of England to start reversing recent rate hikes” - reaction

Following the US inflation data published earlier, free PR platform Newspage, has collected the thoughts of brokers and advisers and has shared them with IFA M

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Financial Reporter

Could falling US inflation allow the Bank of England to start reversing recent rate hikes?

The Office for Budget Responsibility predicts that UK inflation will fall to 2.9% by the end of 2023.

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FTAdviser

What advisers consider when investing in private assets

Advisers consider a number of key factors when considering whether to invest a proportion of a client’s money in private assets, according to the latest FTAdviser poll for Talking Point.

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IFA Magazine

IFAs say obsessively checking investment apps can be “hazardous to your wealth”

With a third of investment app users (35%) checking their balance every day and nearly half having three or fewer assets in their portfolios, according to a

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Investment Week

Spring Budget 23: LTA scrap ‘could see more people turn to IFAs’

Chancellor Jeremy Hunt’s move today (15 March) to abolish the pensions lifetime allowance (LTA) could see more people turning to advisers, according to Continuum.

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Mortgage Solutions

Mortgage pricing may hold steady

Fixed mortgage interest rates could stay fairly stable despite today’s base rate increase, the industry has predicted.

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This Is Money

Raging storm that’s rocked UK markets WON’T sink your portfolio

Investors have endured a torrid few days. So what - if anything - should investors be doing? And is it really as bad as all that?

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Protection Reporter

8% of adults cancelling insurance products during cost-of-living crisis

8% have cancelled a financial product such as a pension or dental/life insurance.

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Corporate Adviser

Inflation/wages growth gap revealed by ONS

Over the two time periods of January through March 2022 and April through June 2022, the growth of regular salaries

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IFA Magazine

ONS report into wages and inflation - professional and scientific sectors keep pace, retail, property and finance suffer

Since May to July 2022, the professional and scientific industry has been the only one where regular wage growth (excluding bonuses) has remained higher than in

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Professional Adviser

IHT freeze: Advisers say mitigation is 'all in the planning'

Ahead of the Autumn Statement later, advisers have shared their views on inheritance tax (IHT) planning

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Professional Adviser

Advisers pragmatic on likely 0.75% rate rise

IFAs and financial planning specialists are sharing their views ahead of what has been forecasted to be the biggest interest rate hike in more than 30 years.

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Financial Reporter

How will tomorrow’s rate rise decision affect mortgages? - brokers react

The Bank of England is expected to raise rates by 0.75% at its next meeting.

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Capital.com

Pound rallies: Can Chancellor Hunt add credibility for GBP?

The markets have judged massive fiscal changes positive – but much more detail is to come and the sting of higher mortgage rates for millions remains. What next for sterling? Read on...

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Freelance Informer

Freelancers: get prepared for more fiscal U-turns, IR35 reform uncertainty - Freelance Informer

The new Chancellor Jeremy Hunt is not shy when it comes to giving bad news. So, freelancers should prepare for more fiscal changes

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IFA Magazine

BoE widens gilt purchase operations to include index-linked gilts - reaction from advisers, investment and wealth managers

This morning, the Bank of England has announced that it will widen the scope of its daily gilt purchase operations to include purchases of index-linked gilts,

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Proactive Investors

FTSE 100 in the red as Bank steps in again

The UK blue chip index under pressure again as investors face combination of concerns

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Professional Adviser

IFAs blast pensions lifestyling strategies as ‘lifestealing’

IFAs have blasted lifestyling strategies used by many work-based pensions, labelling them ‘lifestealing’ and ‘a lazy, horrific idea’ from a bygone era, research has found.

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IFA Magazine

Do we need to rethink the risk around asset classes & the ‘lifestyling’ in pensions? verdict from IFAs after a turbulent...

Worries about interest rate volatility following Chancellor Kwarteng’s (not so) mini-budget, as well as rising rates and the huge turbulence and concerns in th

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ICAEW

Tax rate U-turn: is it enough to right the markets?

Following the government’s U-turn on the abolition of the additional rate of income tax, financial services professionals give their view on its impact.

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Yahoo News

UK economy not out of woods despite tax U-turn

Britain’s debt-fuelled economy remains threatened by recession and the pound mired by trouble despite the government of new Prime Minister Liz Truss performing a swift tax U-turn.

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France 24

UK economy not out of woods despite tax U-turn

Britain’s debt-fuelled economy remains threatened by recession and the pound mired by trouble despite the government of new Prime Minister Liz Truss performing a swift tax U-turn.

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Digital Journal

UK economy not out of woods despite tax U-turn - Digital Journal

Britain’s debt-fuelled economy remains threatened by recession and the pound mired by trouble despite the government of new Prime Minister Liz Truss

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