HOW OUR PROCESS
Understanding our unique process
Step #1 - INITIAL CONSULTATION
The first appointment is about getting to know each other.
The purpose of this meeting is to allow us to get to know each other, assess your general needs and decide whether you feel comfortable proceeding further.
To make the most of your discussions, make sure that you have on hand any relevant documents, such as details of your income, superannuation, debts, assets and insurances to assist us in working out how we can help you.
We will discuss all fees and charges with you at this point.
Step #2 - HELPING YOU IDENTIFY YOUR GOALS
We work with you to identify your short and long term financial goals. This can include when you want to retire and how much you want to live on, what sort of investor you are, or understanding potential obstacles or issues that may arise along the way.
This stage serves as a foundation for us developing your financial plan.
Step #3 - ANALYSING AND ASSESSING YOUR FINANCIAL SITUATION
We will take some time to analyse and assess your financial situation – your assets, liabilities, insurance coverage and investment or tax strategies. This includes thorough research of any existing super, investment and insurance products.
Step #4 - DESIGNING A SOLUTION FOR YOU AND PUTTING IT IN A WRITTEN PLAN
We will present and explain our recommendations to you in a written document known as a Statement of Advice. This forms the basis of our financial advice and is your personal financial plan.
We take you step by step through the plan, answer any questions you have, and make any modifications you require.
Step #5 - IMPLEMENTATION
Once you’re ready to go ahead, we will put your financial plan into place to implement your chosen strategies. Where needed, we will work with specialist professionals, such as an accountant or solicitor in implementing your financial plan.
Step #6 - REGULAR REVIEW
Your financial plan is a living document that needs to adapt to change rather than a “set and forget” solution. Your circumstances, lifestyle and financial goals are likely to change over time, so it’s important that your financial plan is regularly reviewed, to make sure you keep on track. With our ongoing service arrangements, you can sleep at ease knowing your financial plan is reviewed regularly, you are kept up to date with any external factors impacting your situation, and you always have someone to contact who knows your financial situation thoroughly and is there to assist.