Financial Planning

We believe that financial planning comprises two main elements - the financial strategy (or plan), and the investment strategy. The financial strategy looks at wealth creation, debt management and retirement planning, while the investment strategy examines asset allocation and investment selection.

Regardless of the scope of the Financial Plan the process includes six basic steps. These are illustrated below.

Discover - We need to put together an accurate picture of your financial situation including the assessment of your investment and risk profile, which can range from conservative to aggressive.

Evaluate - We can assist you in setting your short, medium and long term income requirements, expenditure estimates, as well as identify any other personal and business needs.

In the grand scheme of things money is not that important. What is important about money is that it enables you to enjoy the things which are important to you.

Analyze - We identify a variety of financial strategies and investment vehicles that fit your investment and risk profile.  After analysing information on all the available options, we then develop the most appropriate financial strategy for your objectives.

Create - Your portfolio and plan should be reviewed on a regular basis. This can be discussed with us. As your needs and circumstances change, a review of your plan can identify whether changes are required to your portfolio. If so, then these are made with your consent.

Our advisors identify the issues to address and develop a strategy for you to achieve your financial goals and objectives.

 Implement - A draft plan is then prepared incorporating our advice, recommendations and reasoning for proposed actions, including a full disclosure of costs, to meet your specific financial goals and objectives. This plan is then reviewed by you and modified where necessary. A final plan is agreed.

Monitor - Financial planning is an ongoing process. The preparation of a financial plan and implementation of the recommendations arising from the plan is only the start of the financial planning relationship.

On an ongoing basis, you investments and investment structures must be regularly reviewed with regard to your situation, goals and objectives to ensure that they remain appropriate.

Often strategies must be adjusted to make allowance for changes in your circumstances and goals. Essentially a plan will grow with you and your goals for the future.

Our economic environment, government rules and regulations and your personal situation will continually change over time. This ongoing review and management program will enable adjustments to be made to your strategy where necessary to keep your portfolio on track to meet your goals andobjectives.