5 Step Process

1. Initial Consultation
(at our cost)

  • No obligation to proceed
  • Meet, greet & both feel comfortable with each other (because the very nature of Financial Planning is such that it should be a LONG TERM relationship!)
  • Discuss your current situation, goals & objectives with you
  • Determine if we can be of assistance
  • Explain who we are, how we operate, the benefits to you & what you can expect from us (SFS)
  • Explain & agree on fees, costs & the scope of services to be provided
  • We provide you with a copy of our Financial Services Guide (FSG)
  • You give authority to prepare a comprehensive OR specific advice Financial Plan
Front

^ back to top

2. Strategy & Plan Preparation

We spend considerable "fact finding" time to:

  • Help you consider and prioritise your goals & objectives (both financial & personal)
  • Overview your current financial situation
  • Ascertain your current assets & liabilities
  • Identify your income & expenditure (budget plan)
  • Get an understanding of your current tax structure
  • Help you determine what you require for a comfortable lifestyle (both now and in retirement)
  • Undertand your current debt structure
  • Discuss & ascertain your investor "risk profile"
  • Overview your current insurance protection
  • Look for any holes in your current "risk protection" strategy
  • Discuss any other issues you would like us to address
  • Ensure that we get a clear understanding of what you want YOUR financial strategy to achieve!

Then we identify ways to:

  • Improve or streamline your current situation (to make it easier & save you money!)
  • Identify appropriate "wealth creation" strategies
  • Protect your financial risk
  • Consolidate your debts (identifying "good & bad" debt!!)
  • Maximise investment returns
  • Minimise taxation
  • Maximise Government entitlements
  • Investigate & determine ideal investment vehicles & fund managers to meet your objectives
  • Research products which best suit your needs
  • Consider taxation & centrelink issues, legislation & rules
  • Optimise retirement income streams
  • Provide written, clear & understandable scenarios & educate you in detail
  • Privacy & Confidentiality assured
  • Strictly comply with FPA & ASIC compliance guidelines
  • Formulate a plan that will meet all of your stated goals & objectives
Corporate Guys

^ back to top

3. Strategy Presentation

  • Meet again to present strategy recommendations (explaining in an understandable format & educate in detail)
  • Provide overview for your ease & future reference
  • Focus on how our recommendations will achieve your desired outcomes
  • Fully disclose all fees as per ASIC guidelines
  • You may take the plan away for final consideration or further adjustment
Presentation

^ back to top

4. Strategy Implementation

  • We may need to make slight adjustments or clarify any details
  • When you are happy, you give us authority to proceed with our recommendations
  • We prepare all the necessary paperwork and filling in of forms
  • We assist with insurance underwriting requirements to make the process as smooth as possible
  • We monitor all aspects of strategy implementation through to completion
Shake Hands

^ back to top

5. Ongoing Service & Review
(Client Care Package)

Depending on the amount of follow-up service you require, we may recommend that you subscribe to one of our Client Care Package options. Some of the benefits are:

  • Updating your present circumstances
  • Revisiting your initial goals and objectives to ensure they are still valid and have not changed
  • Review the performance of the financial plan recommendations to ensure the fund managers and products are meeting expectations
  • Review your investor risk profile because this may change as you learn from your experience and the education we will provide on investing and managing your financial affairs
  • Reviewing any changes to governing legislation, which will impact on your financial plan now and in the future and identify opportunities, which may result
  • Discussing your current lifestyle needs and checking that the financial plan will meet these needs
  • Reviewing your insurance protection needs to ensure they are adequate to your changing circumstances
  • Updating you on changes occurring in the markets and in the different economies around the world and the affect these might have on your plan
  • Rebalance your investments back to Benchmark asset allocations to ensure that you maximise returns by constantly realising profits at the high's and investing in the low's.
  • Coaching you through uncertain times and educating you through the process
  • Provision of written recommendations following the review of your financial plan
Ongoing Service

^ back to top