FINANCIAL PLANNING
Holding both CII Corporate Chartered Financial Planning status and CISI Chartered Firm status, we are passionate about how financial planning can improve our clients lives. It is: –
- Our purpose
- What we are good at
- What we are respected for
- What we deliver to clients
- Our complete focus
We will enjoy getting to know you, understanding what you want to achieve and using our expertise in pensions, retirement, investing and tax planning to create a financial plan to provide the best chance of you achieve your lifestyle and financial objectives.
Our aim is to help you and your family live the life you want, free you from worries about what the future might hold.
Benefits of a Financial Plan
In many ways, our approach to financial planning is like planning a journey. There are many different options and you may already have your sights set on where you want to go, and just need help planning the route. Or you may want help identifying your ideal destination before we start mapping the way. Either way, we will be there to support and advise you at every stage.
We also know that life will throw up many challenges and we will be there to guide and steer you through these.
Our six step process
Lifestyle Financial Planning is not about advising you which financial products to buy – it is much more than that. We will work closely with you using our proven six-step process.
STEP 1 – Getting to know each other
Before we do anything, we take time to find out about you; what you want from life, what your hopes and aspirations are, how quickly you want to achieve everything, and what risks you are prepared to take to get there. Do you want to plan for an early retirement? Free up some cash to help your children? Set up a new business or spend your golden years seeking adventure?
We will only provide advice on financial products or investments once we completely understand your life and your circumstances and then review everything regularly.
STEP 2 – Information capture
If you decide to continue working with us, the next phase of our journey focuses on gathering information about your current financial arrangements and any plans you already have in place and analysing them in relation to your aspirations. In other words, we will see how close you already are to achieving your goals. We will ask you to provide details of your assets, income, expenses, policies and plans. But do not worry if all your documents are in one box and you are not sure what you have got… we will help you organise and understand them, reducing the headache for you as much as possible.
STEP 3 – Comprehensive investigation
The next stage involves a period of analysis and research on our part. We will undertake a thorough review of your financial picture and work out what is needed to ensure you reach your goals.
STEP 4 – Your bespoke plan
We will then put our recommendations into your financial plan and present it to you. It will include a range of scenarios for you to consider, including options you may have asked us to explore, as well as others we have created based on what we know about you. We will explain your options and agree the path forward that is right for you. There will be plenty of opportunities to ask questions before we agree which steps and actions to take.
STEP 5 – Putting the plan into action
If you would like us to, we will then take the administrative burden from you and implement any changes that we have agreed. That could involve transferring funds, exiting policies or opening new accounts. Sometimes the changes required to ensure you are on the right path are small. Sometimes they require more fundamental changes. Either way, we will be right there by your side, helping you to take those steps in the right direction.
STEP 6 – Keeping on track
We are there for our clients through thick and thin. By working with us on an ongoing basis, rather than occasionally, clients are able to get the most out of our service. It allows us to really get to know you, your family and what is really important to you. We can be there to help you weather the storms of life and we can act quickly when a change in circumstance necessitates a change to your financial arrangements, keeping you on track and one step ahead when life threatens to throw you off course.
Our annual reviews are a chance for us to update you on your investments and the progress we have made towards your end goals. It is also a chance for us to revisit your attitude to risk and find out if there are any new options we could be taking advantage of to grow or protect your wealth.
