How We Work

Here's how we formulate the plan towards your goals:

Phase 1 - About You

We meet together to discuss your personal circumstances and your current financial situation. We'll go into detail so that we can draw up a complete picture of where you are now, and where you want to be from now into the future. We'll ask about you, your occupation, your savings & investments, any mortgage, your current liabilities and your tax position, and we'll explain how all of this information builds a profile which will help us to formulate your financial plan.

Phase 2 - Your Goals & Ambitions

Next we discuss your objectives and your aspirations, as well as any concerns that may arise. We'll discuss risk and reward, and your attitude towards investment risk, including capacity for loss. This feedback from you will enable us to construct an investment portfolio which is a major part of the plan. You'll see as we move forward in our discussions how all this fits into place in your personal plan and agree the likely cost for our advice.

Phase 3 - Analysis

We'll discuss with you our analysis of your current position, and outline our initial thoughts for the plan. We'll present our recommendations and actions required for you to achieve your goals.

Phase 4 - How to get there

So now we know where you are at present, and have a good idea of where you'd like to be at each important stage of your financial life. In this phase we present your Personal Recommendations which will be in writing, and which formalises our suggestions for achieving your goals and ambitions. Our suggestions will take account of your current income and expenditure, your assets and liabilities, and how your existing finances can be best utilised towards the achievement of your financial goals. Your Personal Financial Plan will also agree the cost of achieving your objectives and, assuming that you wish to go ahead, we will now commence making arrangements on your behalf.

Phase 5 - Implementation

It's time to implement the plan. Every course of action we have recommended and agreed with you is now put into motion. Often, this may be staged over a period of time (sometimes years) due to personal circumstances or budget.

Phase 6 - Review the Plan & Progress Updates

If required, review dates will be agreed and can take place annually or more regularly if required or requested, ongoing fees will be agreed as to which service level is required. The purpose of regular monitoring of your Personal Financial Plan is to enable you to clearly see progress towards reaching your financial goals, and for us to agree and make any adjustments that may be required. Working closely with you we will explain overall how the plan is going and agree with you any modifications to keep it on track towards the achievement of your goals.