Our Advisory Process
Our financial advice and financial planning process is split in to four distinct stages.
Stage 1 - Initial meeting and getting to know you
During the initial meeting we will talk about your goals and objectives and confirm whether we are able to help you achieve these. It is important that we fully understand your current financial position, relationships and your attitude to investment risk. We will also consider your tax position and take details of any existing investments and policies which you may have.
Before undertaking any financial planning on your behalf we will confirm how our fees and charges work and agree this with you prior to proceeding.
Stage 2 - Research and preparation of outline recommendations and financial plan
Your financial planner will gather full details of your existing investments and policies to review their performance and cost effectiveness. We will then confirm our understanding of your goals and objectives and prepare an outline plan of actions to be taken in order to achieve these. Our financial advice will include suitable asset allocation as well as a choice of suitable tax wrappers where appropriate.
Stage 3 - Specific financial planning recommendations and implementation
Once we have agreed what action will be taken, we will research and recommend the specific products and investments required to fulfil the objectives in your financial plan.
We will then arrange all of the necessary paperwork and liaise with any third parties required to establish your plan, quickly and correctly.
Stage 4 - Ongoing review of financial plan
In order to make sure your plans stay on track they should be reviewed, at least annually, with your financial planner to take account of your changing circumstances and also to modify and rebalance any investment strategy where required.
