The Planning Process

This initial meeting is complementary and there is no cost involved.

Determine what advice you need

The first meeting can be a simple discussion to help us understand what you are seeking.

This could be insurance, budgeting, retirement, wealth creation, super or SMSF, perhaps a total financial overhaul or a 2nd opinion.

This first meeting is also a chance for you to understand the financial planner and for us to meet you and determine if we can assist with your financial situation. If what we offer is what you are looking for in advice and services then move forward with the advice process to a successful financial future for you.

Identifying your goals

This is probably the most important element of the process.

We help you identify your financial goals and really create a picture of what these goals will look like in the future, both with our help and on your current path.

This should be the fun part of the process. Talking about your ‘life bucket list items’ and maybe talk about what keeps you awake at night. When do you want to retire?, that house you want to buy, leaving a legacy for the children, taking the annual overseas holiday, anything you can imagine.

These goals will change and evolve over time which is why we offer a tailored review service.

Assessing your financial situation

We will take a good look at your position

Assets, liabilities, income and expenses ( a budget to help you understand what it costs you to live), insurance, superannuation and investment or tax strategies.

It is creating an accurate snapshot of your total financial position today and what it will look like with your goals and our strategies in place.

Research, Analysis and Projections

We will look at best value for money

We will undertake full research of all your current financial products and strategies to determine if they are working for you and in your best interest to meet your financial objectives.

After helping you prioritise your financial goals, we put this into a financial picture IE: work out what the cost of your future lifestyle and financial goals are. This is projected forward in current and future dollar values using our compliant financial planning software.

We then connect the two. Current position and strategy to future financial needs.     We call this our Retirement and Wealth Projection Tool. It is a fully compliant and audited piece of software. The outcome of this helps us identify the best strategy for you to meet your goals.

However, if we determine your goals may not be met. We will come up with solutions and Plan B’s. We will consider a range of strategies for you to ensure this outcome is changed and your goals and dreams can be achieved.

Preparing your financial plan

Our findings and research will be presented in a financial plan with all projections.

This will help paint a clear picture of how you will achieve your financial goals.

We see this as an education as well. It is important that our clients not only have the solution and steps to go forward but gain knowledge to help understand what we are recommending and why we are doing it.

This important document becomes the blue print and starting point to your financial and wealth journey.

Implementing the recommendations

After discussing all outcomes and if any fine tuning on any recommendations is required, we will help implement any changes.

Sometimes this process may seem overwhelming or complex. We will do our best to make these steps smooth, efficient and hassle free.

Where appropriate, your financial planner may work with other specialist professionals, such as your accountant or solicitor.

Reviewing the plan

We will communicate with you and review your strategy moving forward, meeting you at minimum once per year.

This is because your circumstances, lifestyle and financial goals are likely to change over time, so it’s important that your financial plan is regularly reviewed, to make sure you keep on track.

We also guarantee the environment will change. Government policy, superannuation, taxation and investment markets. You and your plan will need to change and evolve in respect to these external influences.

Our range of tailored ongoing services suit every need and budget.

What you need to prepare or provide?

What worries you about your financial position today?

  • What it is you want to change in your financial position?
  • What you want to achieve financially?

We will be asking you these questions, so having an idea of where you stand will help the process.

If you find these questions hard to answer, then you probably really need our help. We can start you off.

We also need the basics of assets liabilities, information on super, investments and insurances. Preparing any printed statements or written notes on these details will assist us to see your full financial circumstance.

Having a detailed or basic budget prepared will also be ideal.

The outcome and what to expect

You will have clear steps and way forward of how to meet these goals.

By engaging in the whole process you will have a clear picture of what your financial future will look like. You will have a team of local professionals with you the whole way, who genuinely care about you.