Financial Planning

We use a structured five step process for all our financial planning so that you and our team are working within a clear framework.

1
Establishing the way we work

Establishing the way we work

This is where we will clearly define and document our services and outline our responsibilities. We’re very happy to answer any questions you may have and will explain how our fee structure works. It’s crucial that we get to know you and you us so that we can provide the best financial advice to suit you and your particular circumstances. The initial meeting is always at our expense, entirely without future commitment, as it is very important that you feel comfortable working with us.

2
Gathering data, evaluating your financial status and setting goals

Gathering data, evaluating your financial status and setting goals

At this stage, we will ask for information about your current financial situation and gather all the necessary documents so as to be in a position to make the right recommendations for you. We start by analysing your assets, liabilities, cash flow, insurance coverage, investments or tax strategies and can advise whether your existing policies suit your needs or could be improved. We can then begin to define your personal and financial goals in the light of of your timeframe for results and your attitude to risk. Once these goals have been identified, we will put milestones in place so that you can regularly check that you are on track to achieve them.

3
Developing and presenting our financial planning recommendations

Developing and presenting our financial planning recommendations

With all the groundwork completed, we will offer our financial planning recommendations to address your goals, based on the information you have provided. We will always discuss the recommendations with you to help you understand them so that you can make informed decisions. Throughout the process, we will listen to any concerns you may have and revise the recommendations as appropriate.

4
Implementing our financial planning recommendations

Implementing our financial planning recommendations

It’s now time to put our recommendations into action and your plan can really begin to take shape. It’s entirely up to you whether you decide to proceed with some or all of the recommendations proposed. If appropriate, we can also work alongside other professionals such as solicitors, accountants or stockbrokers. Once agreed, we will prepare all the necessary paperwork and submit it on your behalf.

5
Monitoring our financial planning recommendations

Monitoring our financial planning recommendations

Circumstances inevitably change over time, so we will continue to monitor the progress of your finances against your goals. We will report to you at regular intervals to review your situation and adjust our recommendations and we also offer face to face reviews.