Financial Planning or One Off Specific Advice: Your Choice.
At the heart of financial planning is the preparation of a ‘route map’ showing where you are today and what action you need to take to achieve your financial objectives. To be effective, the plan has to be comprehensive and cover your whole financial situation. There are six distinct stages in developing and maintaining the plan:
1. Listening and understanding
We seek to understand you as a person and your aspirations. What do you want out of life? What do you want for your family? What level of risk are you prepared to take?
2. Discovery
This involves digging deeper and establishing precisely what your current position is.
3. Analysis
What is good and bad with what you currently have and why? Are your objectives attainable and will they be met? If not, what actions do you need to take to achieve your objectives?
4. Strategy presentation and fine tuning
The financial planning report sets out where you are now, where you want to be and what you need to do to get there. There is always scope for fine tuning. We aim to make our reports understandable with the minimum of jargon and we will always discuss them with you.
5. Implementation
The report will contain an action plan that, if implemented and subsequently reviewed on a regular basis, will assist you to achieve your financial objectives.
6. Regular review
The plan needs to be reviewed regularly because circumstances change, markets rarely stand still, and new opportunities or events arrive which need to be addressed. Our aim is to work with our clients to deliver ongoing financial planning support in a quick and effective manner to help them achieve their goals and objectives.
