How we work
The Initial Meeting
This is an exploratory meeting for both parties and seeks to establish your needs and how the service we provide can bring benefit. This will highlight strategies needed and some possible tax saving ideas. This meeting is generally held in our offices and for which there is no charge. We expect that this would give you the confidence to instruct us.
The Discovery Meeting
This is where we discuss and start to quantify your personal objectives. It is normally a detailed meeting and at its conclusion we would expect both parties to have a much clearer idea of the way forward. However, one discussion does not lead to a detailed set of objectives. This will always be an on going discussion.
The Financial Plan - Strategy Presentation
In most cases we will provide you with a Financial Plan. The idea can conjure up the picture of a rather dusty tome, left on the top shelf untouched. Clearly numbers feature, but often a modern plan is presented in pictorial form and is easy to understand. For those interested in the hard numbers, they sit available for scrutiny.
At some stage we need to obtain details of your existing policies and investments, details of any trusts in place and any other hard fact information. Most of us hate forms, so with your authority we will write to the companies involved in order to obtain accurate information. This reduces the administrative work on your side. Obtaining accurate detailed information is not as easy as it would seem. Often Life Companies and Investment Houses do not have the breadth of staff with working knowledge of their products and services. We are practised in asking the right questions to obtain the necessary information.
Many clients benefit from the software we use in creating a lifetime plan. A lifetime plan will change with time, but having a strategy based on appropriate assumptions is the bedrock of good financial planning.
Considering all investments
We look to discuss and quantify what investment risk means to our clients. Through a comprehensive questionnaire and the application of some common sense we establish an investment strategy. This involves establishing a spread of complimentary investments in order to achieve the financial objectives.
The Implementation
A good strategy poorly implemented can bring the whole life plan undone. We ensure that the plan is implemented in a timely and professional manner. To run our business we use the latest technology. The computer systems we use to model scenarios and track investments are the best in the profession. It is by using the power of this technology that we add value and keep you on track to meeting your objectives.
The Ongoing Process
One thing is certain in life - change.
In the same way as a single trip to the gym does not achieve lifetime fitness, financial plans need regular reviews in order for them to deliver. We believe that an ongoing relationship is the cornerstone to achieving success ensuring that things stay on track.
The Ongoing Process allows for a detailed review meeting at least once a year and interim reviews can be conducted based on the need at the time.
No-one has a monopoly on good ideas. If you see something that attracts your attention you will no doubt want the piece of mind that you can run it by us for our opinion.