We cannot solve our problems with the same thinking we used when we created them

Albert Einstein

Why Trinity Financial Management (TFM) is Different?

Over the years, I have asked my clients what they regarded as their ideal financial solution. The answers included recurring requests for confidentiality, independence, access to the best solutions, a personalised strategy covering all their financial needs, a process that clearly prioritised their needs and provided them with clarity. Meeting all these demands required a different way of “doing things” and has led to the creation of Trinity Financial Management. We have drawn on 20 years of best practices and strategies, learned from working in some of the worlds must successful boutique financial planning firms.
We take your unique financial complexity and develop tailored solutions that provide you with the clarity and confidence that you will achieve your financial goals. Our fixed “fee only” business model means that your interests are always clearly prioritised. Trinity Financial Management is privately owned and unaligned, protecting your privacy and interests. We would love an opportunity to chat to you, to hear your story and see if we can make a real difference to your financial success.

Our Promise

Organisation. We will help bring order to your financial life, by assisting you in getting your financial house in order (at both the “macro” level of investments, insurance, estate, taxes, etc., and also the “micro” level of household cash flow).

Accountability. We will help you follow through on financial commitments, by working with you to prioritize your goals, show you the steps you need to take, and regularly review your progress towards achieving them.

Objectivity. We bring insight from the outside to help you avoid emotionally driven decisions on important money matters, by being available to consult with you at key moments of decision-making.

Proactivity. We work with you to anticipate your life transitions and to be financially prepared for them, by regularly assessing any potential life transitions that might be coming, and creating the action plan necessary to address and manage them ahead of time.

Education. We will explore what specific knowledge will be needed to succeed in your situation, by first thoroughly understanding your situation, then providing the necessary resources to facilitate your decisions, and explaining the options and risks associated with each choice.

Partnership. We attempt to help you achieve the best life possible but will work in concert with you, not just for you, to make this possible, by taking the time to clearly understand your background, philosophy, needs and objectives, work collaboratively with you and on your behalf (with your permission), and offer transparency around our own costs and compensation.

Our Code of Ethics

Principle 1 – Best interests of Clients
Act in the best interest of clients.
Acting fairly, honestly and professionally in the best interests of the client is a hallmark of professionalism, requiring the financial planner to act honestly and not place personal gain or advantage before the client’s best interests.

Principle 2 – Integrity
Provide professional services with integrity.
Integrity requires honesty and candour in all professional matters. Financial planners are placed in positions of trust by clients, and the ultimate source of that trust is the financial planner’s personal integrity. Allowance can be made for legitimate differences of opinion, but integrity cannot co-exist with deceit or subordination of one’s principles. Integrity requires the financial planner to observe both the letter and the spirit of the Code of Ethics.

Principle 3 – Objectivity
Provide professional services objectively.
Objectivity requires intellectual honesty and impartiality. Regardless of the services delivered or the capacity in which a financial planner functions, objectivity requires financial planners to protect the integrity of their work, manage conflicts and exercise sound professional judgment.

Principle 4 – Fairness
Be fair and reasonable in all professional relationships. Disclose and manage conflicts of interest.
Fairness requires providing clients what they are due, owed or should expect from a professional relationship, and includes honesty and disclosure of conflicts of interest. It involves managing one’s own feelings, prejudices and desires to achieve a proper balance of interests. Fairness is treating others in the same manner that you would want to be treated.

Principle 5 – Professionalism
Conduct themselves in a professional manner at all times.
Professionalism requires behaving with dignity and courtesy to clients, fellow professionals, and others in business-related activities, and complying with appropriate rules, regulations and professional requirements. Professionalism requires the financial planner, individually and in cooperation with peers, to enhance and maintain the profession’s public image and its ability to serve the public interest.

Principle 6 – Competence
Maintain the knowledge and skill necessary to provide professional services competently. Competence requires attaining and maintaining an adequate level of knowledge, skills and abilities in the provision of professional services. Competence also includes the wisdom to recognise one’s own limitations and when consultation with other professionals is appropriate or referral to other professionals necessary. Competence requires the financial planner to
make a continuing commitment to learning and professional improvement.

Principle 7 – Confidentiality
Protect the confidentiality of all client information.
Confidentiality requires client information to be maintained and protected in such a manner that allows access only to those who are authorised to access that information. A relationship of trust and confidence with the client can only be built on the understanding that the client’s information will not be disclosed inappropriately.

Principle 8 – Diligence
Provide professional services diligently.
Diligence requires providing services in a timely and thorough manner, and taking due care in
planning, supervising, and delivering professional services.

                                    Source membership body: Financial Planning Standards Board Ireland 

Our Team

Expand our profile to get to know more about us.

Frank Mulcahy

Principal, Personal Financial Manager

Frank’s career started with Citibank Dublin in 1997 in their European offshore investment fund banking unit. This experience taught him that clients always come second in large firms. He has subsequently worked with small world class boutique firms in Ireland and overseas that put their client’s interests before anything else. This has empowered him to build tailored financial strategies to meet his client’s personal needs and objectives.

Frank acts as his client’s financial coach helping them to identify where they are today, what they want to achieve going forward and putting in place smart financial strategies to help them achieve their life goals. He works with his clients to help them to get their financial house in order and keeping it there.

His extensive international experience and qualifications makes him uniquely positioned to understand the issues facing clients and helping them to grow and protect their wealth.

Frank is an active member of Rotary international sharing their philanthropic values of “Service Above Self”. He has previously served as a member of the advisory board for the Community Foundation.

Qualifications:

  • Certified Financial Planner Certification, Financial Standard Planning Board, Ireland
  • Diploma of Financial Planning, QFA, Ireland
  • M.A. Trinity College Ireland
  • B.A in Economics and Finance Trinity College Ireland
  • Certified Financial Planner Certification, Financial Planning Association, Australia
  • Advanced Diploma in Financial Planning, Securities Institute of Australia
  • Advanced Diploma in Financial Planning, Chartered Insurance Institute, United Kingdom
  • Diploma in Financial Planning, Chartered Insurance Institute, United Kingdom
  • Certificate in Financial Planning,Chartered Insurance Institute, United Kingdom
  • Chartered Financial Planner, Chartered Insurance Institute, United Kingdom
  • 1-65 Uniform Investment Adviser Law Examination, United States of America

Dervla Costello

Client Services Manager

Dervla graduated with honours in 1995 from Trinity College Dublin and started her career in KPMG qualifying as a Chartered Accountant in 2000 .During her six years at KPMG she worked in their audit and personal tax divisions. Overseas Dervla has worked as Financial Controller for two leading ASX 100 listed companies GPT and Valad. She prides herself in delivering a professional service, getting her clients organised and keeping them there. She is also passionate about clients health and looking for opportunities to align client's financial goals with their health goals using the mantra “ Your Health is your Wealth” Dervla is an active volunteer in a number of community associations and sings in the local choral group.

Neil MacDermott

Personal Financial Manager