This process includes the Initial Assessment, Planning, Strategic Advice and Proactive Review to ensure that you receive the best service and advice toward your financial security for the future.
1 Initial Assessment
Within the overall context of the holistic assessment we will take you through a process which will involve an initial discussion which looks at where your aspirations lie. We will then develop a thorough understanding of your unique set of circumstances and objectives.The main purpose of the initial assessment is to assist you in outlining your wealth objectives, define your risk tolerances, determine your capital and income needs and establish risk and return expectations in order to construct strategic asset allocations that incorporate diversification and alternative techniques that help you plan a healthy future.
Our approach is avant-garde. That is to say we’ll use our practical experience and broad range of resources to review where you are now what plans and solutions you currently have in place and then further help you understand what is needed for you to achieve financial independence. We achieve this by using your growth expectations and then by projecting your end of year capital balances forward year on year until you start taking an income. This then allows you to tailor your very own strategic plan by making changes in the amount you invest annually or reducing your retirement income aspirations.
3 Strategic Advice
Once the Strategic Plan has been agreed we then start implementation in order to make your vision a reality. At all times we ensure that you maintain financial security for the future. We will therefore complete the financial review making appropriate recommendations to you from across the whole economic spectrum ensuring that any solutions are clearly defined within the overall picture and in context with your vision.
4 Proactive review
Once implemented we have to make sure the process once in place continues year after year. As your needs and circumstances and financial commitments change so your vision and aspirations change. We will therefore commit to periodic auditing of your economic circumstances ensuring that you fully understand the level of risk that you are taking with your financial environment, your progression towards economic independence with the strategic plan and whether or not the plan is still current taking into account any changes. This will maintain clarity of your vision and allow us to provide you with ongoing advice.