Because you’re unique, the financial advice you’ll receive from us will be designed for you, based on what you want in life. We’ll take a step-by-step approach to help you reach your goals.
We may make recommendations about your day-to-day money management or make suggestions to help you make the most of your financial potential. We can also take actions on your behalf if that’s what you prefer.
Our six-step standard Advice Process
We provide professional and affordable financial advice and aim to build a long-term partnership with our clients to assist them in building, protecting and managing their wealth and lifestyle for themselves and their families.
Our advice process involves six key steps:
Step 01 - INITIAL ENGAGEMENT
The discovery meeting helps you find out about us and helps us get to know you and your high level objectives and concerns.
We'll help you clarify your goals and objectives.
Step 02 - INFORMATION GATHERING
We’ll ask you for additional information so we can gain a deeper understanding of who you are and what you’re aiming to achieve.
From these discussions, we'll offer you an 'Advice Proposal' outlining the areas of advice that we believe need to be addressed in order to help you achieve your goals and objectives. We will inform you of our Plan Preparation Fee for the formulation of the agreed advice, along with any applicable Implementation Fee and/or Ongoing Service arrangement.
Step 03 - ADVICE FORMULATION & DOCUMENTATION
Once the scope and fee have been determined, we will evaluate your financial situation and formulate the financial plan for you that we believe will help you to achieve your stated goals and objectives.
In order to achieve this we will often need to fine tune your requirements via some further input from you.
Step 04 - ADVICE PRESENTATION & ACCEPTANCE
We will provide you with our recommendations in the form a written Statement of Advice [SoA].
Our preference is to present the SoA to you, either in person or via a Skype or phone call as this will allow us to discuss our recommendations with you, explain why we have a made the recommendations, ascertain how you feel about them and try to address any concerns that you may have.
We will then ask you to complete an Authority to Proceed document in order to clarify whether you wish to:
- Proceed with all the recommendations made in the SoA.
- Not procced with any recommendations and accept and understand the risks of this decision.
- To proceed with some variations to the recommendations made in the SoA and accept that there may be risks or impacts as a result of the changes that you have requested.
Step 05 - IMPLEMENTATION
Your plan can now be put into action.
We will guide you through the implementation process, liaising both with you and the relevant product providers as necessary.
Step 06 - ONGOING REVIEWS
Once your advice has been fully implemented, in order to ensure that your financial strategies and products remain appropriate for your goals and objectives, we will conduct a review as per the terms of our Ongoing Service Agreement.
If you have not entered into an Ongoing Service Agreement with us we will not be obliged to complete a review or assist with any transactions regarding your products or services in the future without agreeing upon a fee for the transaction or additional advice.