6 important financial steps every couple should take to protect their future

Money often plays a pivotal role in relationships, yet many couples avoid discussing finances until life throws them a curveball. Our latest research reveals that only 20% of wealthy individuals in the UK prioritise financial planning before marriage, despite the significant financial implications of divorce*.

So, how can you protect your financial future and maintain clarity throughout your relationship? Here are six essential tips to integrate financial planning into your relationship, whether you’re preparing for marriage or navigating a divorce:

1. Start the conversation early

Open, honest conversations about money are crucial from the outset of a relationship. By understanding each other’s financial goals, responsibilities, and expectations, you can prevent surprises later. Clear communication about finances can strengthen both the relationship and your financial security.

2. Consider a prenup

A prenuptial agreement isn’t about mistrust – it’s about ensuring both parties are on the same page regarding their financial standing. A prenup can safeguard assets and help reduce the risk of costly disputes if things go wrong further down the line.

3. Involve a wealth adviser early on

Engaging a wealth adviser before or during significant life events, like divorce, can make all the difference. They help you protect your assets, understand your financial entitlements, and map out a plan for long-term financial stability. Don’t wait until you’re in crisis mode!

4. Know what you own and what’s at stake

Only 40% of wealthy individuals fully understand the range of assets that could be involved in a divorce settlement. Divorce settlements go beyond property. Pensions, investments, businesses, and even digital assets like cryptocurrency all need to be considered. Ensure you have a clear understanding of your assets and liabilities so nothing is overlooked during a divorce or financial separation.

5. Divorce is a process – prepare for the long-term

Dividing finances can be a lengthy process, but a well-thought-out strategy can help preserve your wealth and emotional well-being. Financial planning during a divorce ensures you can move forward with confidence, avoiding unnecessary stress and uncertainty.

6. Rebuild your identity

Divorce is more than a legal and financial event; it’s a major life transition. With the right financial planning and team, you can regain control over your wealth, rebuild your financial identity, and start your next chapter stronger and more independent.

Planning for your future

While 93% of high-net-worth individuals recognise the importance of preparing for unexpected life events, such as divorce, our research highlighted that only 40% would consider consulting a wealth adviser before or during the process. Financial planning isn’t just for preparing for worst-case scenarios – it’s about securing peace of mind, protecting your wealth, and ensuring stability throughout life’s transitions. By integrating financial planning into your relationship, you can face any challenge with confidence.

We work with individuals, couples, and families to offer expert financial advice tailored to your unique situation. Whether you’re planning for marriage, protecting assets, or navigating a divorce, our wealth planners are here to help guide you toward a more secure financial future.

For more information or insights, contact your private banker or reach out to our team of experts.

*Methodology: The research was conducted by Opinion Matters, among a sample of 500 Wealthy UK residents over £1.5m claimed investable assets or total assets of £15m and reside at least 6 months of the year in the UK (Aged 21+) Min. 300 who are divorced (or currently going through a divorce). The data was collected between 24.01.25 – 31.01.25. Opinion Matters abides by and employs members of the Market Research Society and follows the MRS code of conduct and ESOMAR principles. Opinion Matters is also a member of the British Polling Council.