Most of our significant life goals, such as retirement, putting a child through college, marriage or buying a house, will heavily impact our finances. In order to plan for your future and how you can achieve these goals, it is important to have a financial plan in place.
There are many complexities involved when it comes to analysing your current financial situation, and planning for the future – examining investments, taxes and cash flow can be time-consuming and confusing. We offer an expert, objective opinion, and analyse your situation to prepare a comprehensive financial plan aligned with your objectives. We will also review the plan on an ongoing basis, and implement changes on your behalf.
A professional financial plan will provide you with peace of mind, and a much greater sense of control of your finances.
At the initial meeting, we discuss the financial planning process, and outline the procedure.
To correctly establish an overall picture of your finances, goals (short, medium and long term), and attitude to risk, a detailed financial questionnaire will be completed.
When all the necessary information has been gathered, it will be analysed in order to fully understand how the client’s current finances can be optimised to achieve their objectives. This process includes determining how well the client’s investments match up to their risk profile, analysing tax efficiency etc.
After all of the information has been reviewed, we will prepare a detailed financial plan, outlining our recommendations based on the client’s objectives. After the plan has been presented, we will thoroughly discuss the plan and address any questions or concerns, and review the plan if necessary.
Once the plan has been agreed upon, we will then handle all of the changes required on your behalf, to ensure all items are completed as agreed.
In order to adapt to changing circumstances, and ensure the strategy continues to be relevant to the client’s requirements, a structured review strategy will be put in place.