Taking control of your finances and your life
The most important step to financial freedom is to have a Financial Plan! Many people leave this until it’s too late in life meaning you have less choice and more stress and anxiety.
Your situation and objectives are yours. You have the option to choose how you wish to use the money you earn/have earnt to grow your wealth. A good financial plan will consider your current circumstances including cash flow, family needs, age, work/life balance, debts, retirement timeline, risk tolerance, upcoming milestones and a potentially a myriad of other factors. Your short, medium, and long-term goals are then prioritised which enables us to recommend strategies and provide direction to help you attain them. The world is dynamic, and any strategies must be able to be amended as required.
- First Meeting – Establishing and Defining the Client -Planner Relationship
We will clearly explain the services to be provided to you and define both his and your responsibilities. We will explain fully how he will be paid and by whom. *Note: First meeting is on us.
- Gathering Client Data, Including Goals
During that meeting we will ask you many questions to get to know you and to determine your financial goals, both long and short term.
- Developing and Presenting Financial Planning Recommendations And/or Alternatives
We can then will analyse your information to assess your current situation and determine what you must do to meet your goals.
- Analysing and Evaluating Your Financial Status
Based on the information provided we can then develop strategies and research appropriate products to meet your objectives. This will be presented to you as a Statement of Advice (SOA).
- Implementing the Financial Planning Recommendations
Once you have agreed on your plan as set out in the Statement of Advice (SOA), it can then be implemented. This may involve opening an Investment account, consolidating your super accounts, and applying for Risk Insurance.
- Monitoring the Financial Planning Recommendations
Financial planning is all about making sure that your current and long-term financial needs are met in the best possible way.