What is financial planning?
Our approach to Financial Planning aims to give our clients objective assistance in organising their personal or corporate financial affairs to more readily achieve their financial and lifestyle goals.
This can lead to the recommendation of specific contracts or policies, e.g. unit trusts, life assurance or a personal pension, but initially it will result in the production of a plan devised specifically for each client, focusing on strategy and goals.
We aim to help our clients to manage their financial situation by having a good overview of their current situation and their aims. Within this framework we will discuss with the client how they can plan to arrive at those goals, and draw up a plan of action.
We can produce a one-off report on your current situation, but we prefer to be involved in helping you achieve those goals, reviewing progress at regular intervals and adjusting our recommendations as your circumstances change. We charge for our services on either a one-off basis, or an initial basis folowed by a monthly or annual retainer.
What is the Role of The Financial Planner?
- To understand your goals and objectives clearly
- To develop the right strategy to achieve those goals
- To minimise any taxation consequences
- To minimise any risks (or help the client understand those risks)
- To provide education regarding investments
- To develop an appropriate investment strategy
- To monitor progress toward objectives
- To review the strategy regularly