The Planning Process

I follow the process set out by the Financial Planning Standards Board (FPSB) when conducting our financial planning process. We would typically look to have between 3 and 5 meetings in order to arrive at a recommendation that is suitable for you.

Initial call

Our journey begins with a conversation about you - your values, aspirations, and any concerns you may have. I want to understand not just your financial goals, but also what drives you. Whether you're planning for retirement, saving for a home, or ensuring your children's education, knowing your personal story helps me tailor the planning process to your unique situation.

Analysis meeting

Next, we’ll dive into the details of your financial life. I’ll ask for information about your income, expenses, assets, debts, and any existing financial accounts or plans. This step is crucial because it gives us a comprehensive view of where you currently stand financially. The more accurate and detailed the information, the better equipped we’ll be to create a solid plan that reflects your reality.

Planning meeting

Once I have all your information, I’ll analyse it to identify your financial strengths, weaknesses, and opportunities. We’ll look at your cash flow, investment performance, and any potential risks you might face. This analysis helps us assess whether you’re on track to achieve your goals and highlights any areas that may need attention or adjustment.

Advice review

After analysing your situation, I’ll develop tailored recommendations designed to help you reach your goals. This may involve strategies for investing, retirement savings, tax efficiency, or risk management. I’ll present these recommendations in a clear and understandable way, taking the time to explain the rationale behind each suggestion. Your feedback is vital here, as it ensures that the plan resonates with you and meets your expectations.

Implementation

Once you’re comfortable with the recommendations, we’ll move on to implementation. I’ll assist you in taking the necessary steps to put the plan into action. This may involve setting up investment accounts, rebalancing your portfolio, or coordinating with other professionals, such as tax advisors or lawyers, to ensure a seamless execution. My goal is to make this process as straightforward as possible for you.

Progress meetings

After the plan is in place, we’ll schedule regular check ins to review your progress. These sessions are important for monitoring how your financial situation aligns with your goals. We’ll assess any changes in your life, market conditions, or your financial status. This ongoing communication ensures that you remain informed and confident about your financial journey.

Life can be unpredictable, and your financial plan should be flexible enough to adapt to changes. Whether it’s a new job, a significant life event, or shifts in your financial goals, we’ll work together to adjust your plan as necessary. My aim is to ensure that your financial strategy remains aligned with your evolving needs and priorities, giving you peace of mind as you move forward.