Optimising your finances can be a daunting task which is why many people choose to work with a Qualified Financial Adviser. There are a wealth of options available to you and just as many uncertainties, so it can definitely be a challenge to find the right path for you.
When you work with our team, we’ll walk you through every step of the way to find your path and stay on it. Through a series of logical steps, we’ll help you formulate and fulfil your personal goals for a successful and financially independent future.
What is our 6-Step Financial Advice Process?
The financial planning advice process is tried and true.
Getting you from zero to hero is as easy as following these 6 simple steps:
Establish and define our relationship with the client
We offer a no obligation FREE Discovery Session to get to know each other which can take place either online or in a location of your choosing.
Within this free Discovery Session we take the time to get to know you, understand your current financial situation, and work with you to identify your hopes and dreams for the future. We will clearly outline our services and any associated fees and define both your and our responsibilities throughout the entire financial planning process.
Gather our client’s data and familiarise with their goals
Next, we get into the nitty gritty of your assets, debts, income, and expenses and gather the facts to better understand what your current situation is, what you want to achieve, and what resources are available to help you accomplish those goals. Together, we will evaluate the time frame to start seeing results and reach your goals, as well as assess the level of risk you’re comfortable with.
Analyse and evaluate your financial status
We use our expertise to analyse and evaluate your financial status and ability to reach your goals through various options. Depending on what services your plan includes, this may include analysing assets, liabilities, cash flow, current insurance coverage, retirement planning, investment opportunities, or tax strategies.
We will also determine whether you have adequate risk management strategies to protect your assets that are crucial to reaching your goals. This can also include having any necessary insurance, an estate plan, a will, and a power of attorney in place.
Develop and present our financial plan recommendations
Our Advisery Panel develops a detailed strategy outlining how best to achieve your financial goals. Our recommendations will be presented to you in person. In most cases, there will be multiple options to consider to help you reach your goals. We will listen to all of your thoughts and concerns and make adjustments if necessary to meet your individual needs.
Implement our financial plan recommendations
Once you understand and approve the personalised recommendations and options, we then begin working with you to manage their implementation. This may involve connecting you to an appropriate professional at the right time to execute your strategy. For example, if you require new lending or a restructure of your existing loans, we can either work directly with banks or we may determine that it’s in your best interests to introduce you to a specialist mortgage broker. If you need to buy, sell or hold managed funds or securities, we can either work directly with the managed fund provider or connect you to another appropriately qualified adviser. We will keep you updated on any progress during the implementation stage.
Monitor the implemented financial plan
This is where the real fun begins – managing and tracking your long-term financial success! We have periodic reviews to ensure that your strategy is still appropriate if your goals or circumstances have changed. We will also review the performance of your plan to assess the level of volatility and return and make sure you remain on track to achieve your short term, medium term, and long-term financial goals.